BitMine Immersion Technologies, Inc. Announces $18 Million Public Offering and Uplisting to NYSE American

Group 1 - BitMine Immersion Technologies, Inc. announced a public offering of 2,250,000 shares at $8.00 per share, aiming for gross proceeds of$18 million before expenses [1] - The company has received approval for listing on the NYSE American, with trading expected to start on June 5, 2025, under the symbol "BMNR" [2] - The net proceeds from the offering will be used to purchase bitcoin [3] Group 2 - A registration statement for the offering was filed with the SEC and became effective on June 4, 2025 [4] - The offering is managed by ThinkEquity, which is acting as the sole book-running manager [3] - BitMine operates in low-cost energy regions, focusing on bitcoin mining and advisory services [6]