Bitcoin mining company Bitmine announces plans to raise $18 million through public offering to purchase BTC

According to a report by Golden Finance, Bitcoin mining company Bitmine announced the issuance of 2250000 ordinary shares to the public at a price of $8.00 per share, raising a total of $18 million. The issuance is expected to end on June 6, 2025, subject to customary closing conditions. It is reported that the funds raised will be used to purchase Bitcoin. In addition, Bitmine announced that its listing application has been approved and it will begin trading on NYSE American under the trading code "BMNR".