US-listed company BitMine spends $16.347 million to purchase 154.167 Bitcoins
According to GlobeNewswire, NYSE-listed company BitMine Immersion Technologies (New York Stock Exchange ticker: BMNR) announced that it has used the proceeds from its most recent common stock offering to purchase Bitcoin. After deducting fees and expenses, the company received net proceeds of approximately $16.34 million from the offering and spent $16.347 million to purchase 154.167 Bitcoins at an average price of $106,033 per Bitcoin.
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