NYSEAM:BMNRSoftware
The Bull Case For Bitmine Immersion Technologies (BMNR) Could Change Following Massive Ethereum Staking And MrBeast Deal
In recent weeks, Bitmine Immersion Technologies filed a US$315.24 million shelf registration tied to an ESOP-related common stock offering, expanded its Ethereum treasury to about 4.37 million ETH with most of it staked, and committed US$200 million to MrBeast’s Beast Industries.
Together with the planned launch of its MAVAN staking platform, these moves signal an effort to deepen Ethereum infrastructure capabilities while linking its ecosystem to a massive global creator audience.
We’ll now...