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BitMine announced an increase in Bitcoin holdings, with total holdings rising to 154,167

2025-06-18 11:55

Odaily News BitMine Immersion Technologies, an American software company that has transformed its long-term Bitcoin investment strategy, announced that it has completed the purchase of all Bitcoin in the company's treasury using the proceeds from Bitline's recent common stock offering. After deducting fees and expenses, the company received net proceeds of approximately $16.34 million from the offering, and the company spent $16.347 million to purchase 154.167 Bitcoins at an average price of $106,033. (GlobeNewswire)