Bitmine Immersion Technologies Announces Full Exercise of Over-Allotment Option

Summary

Bitmine Immersion Technologies, Inc. announced on July 2, 2025, that ThinkEquity LLC, the underwriter for its recent public offering, fully exercised the 45-day over-allotment option. This resulted in the purchase of an additional 337,500 shares of Common Stock at $7.40 per share, generating gross proceeds of approximately $2,700,000 for the Company. The public offering, which closed on June 6, 2025, initially consisted of 2,250,000 shares sold at $8.00 per share.