Bitmine raises its market share issuance size to $4.5 billion to increase its holdings of Ethereum

According to BlockBeats, on July 24th, itmine Immersion (BMNR) raised the size of its "mark to market" (ATM) program from $2 billion to $4.5 billion. The company has submitted a prospectus supplement to the US Securities and Exchange Commission on July 24th, authorizing the continued sale of common stock on the public market through two securities firms, Cantor Fitzgerald and ThinkEquity. This issuance provides financial support for the company to further increase its holdings of ETH and expand its asset reserves.