Summary
- BitMine Immersion Technologies announced the purchase of 100 Bitcoins (BTC).
- It was reported that this acquisition was carried out using funds raised from a public offering of common stock.
- CEO Jonathan Bates mentioned that they plan to continue acquiring Bitcoins in the future.
BitMine Immersion Technologies, a mining company listed on the New York Stock Exchange, has reportedly purchased 100 Bitcoins (BTC).
According to GlobeNewswire on the 9th (local time), BitMine announced in a press release that it had acquired 100 BTC. This purchase was made using funds raised through a public offering of common stock on the 6th (local time).
Jonathan Bates, CEO of BitMine, stated, "This purchase marks the company’s first Bitcoin acquisition on the open market," adding, "We plan to continue buying Bitcoin going forward."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
