Detamentary technique (BMNR)General Bitcoin that stimulates the ether (Eth) The Treasury strategy under the leadership of Thomas Lee’s Thomas Lee, doubles its stock sale program, It aims to raise Up to $ 20 billion to buy more ETH.
The company had previously allowed $ 4.5 billion in stock sales through agreements with Cantor Fitzgerd and Thinkequity, and said it had already sold almost all these allocations, leaving only $ 723 for sale.
BMNR rose 4 % before the market.
BitMine follows a strategy to assemble ETH and Tours Tokens to get a return, competes with competitors such as Sharplink Gaming (Smet) And others. The company accumulated approximately $ 5 billion in ETH as of August 10 and finally aims to get 5 % of the total ETH offer.
The company also said on Monday that its shares were the 25 most trading between companies listed in the United States, as they exceeded the main shares such as JP Morgan and Micron in the average daily trading volume. The volume of high trading allows to sell shares to raise money with a lower effect on the share price.
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