Bitmine's stock price has risen over 30 times since announcing its Ethereum reserve strategy

2025-07-04 02:08

Odaily Daily News: According to the market, Bitmine's closing price yesterday was $135, which is more than 30 times higher than the closing price of $4.26 the day before the announcement of the Ethereum reserve strategy. Previously, BitMine Immersion Technologies, a publicly traded company on the New York Stock Exchange, announced pricing and signed a private placement agreement to purchase and sell 55555556 ordinary shares at a price of $4.50 per share, with an expected fundraising of $250 million to launch ETH's financial strategy.

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