August 16, 2025

Bitmine Immersion Seeks to Raise $24.5 Billion for ETH Acquisition Amid Growing Corporate Interest in Ethereum

1 min read

Bitmine Immersion is raising $24.5 billion through common stock sales to purchase more ETH, aiming to become the largest Ethereum treasury. Bitmine Immersion’s stock sale target increased by $20 billion.

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Source: CoinOtag

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