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Bitmine (BMNR) Stock Surges 8.58% on $20B SEC Filing Expansion
Bitmine (BMNR) Stock Surges 8.58% on $20B SEC Filing Expansion
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BTCCSquare news:
Bitmine Immersion Technologies shares rallied sharply after disclosing plans to expand its equity offering capacity to $24.5 billion. The $20 billion supplement to its at-the-market program triggered heavy trading volume, with BMNR climbing 8.58% to $64.04.
Cantor Fitzgerald and ThinkEquity will manage the capital raise, marking one of the largest potential stock sale authorizations in the crypto-mining sector. The filing signals aggressive growth ambitions as institutional interest in blockchain infrastructure intensifies.
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