TLDR BitMine raised $365 million selling shares at $70 each, a 14% premium to market price Company holds 2.4 million ETH worth $10.9 billion, controlling over 2% of total supply Tom Lee leads strategy to acquire 5% of all ethereum through “alchemy of 5%” plan Additional warrants could raise $913 million more if exercised by [...] The post BitMine Sells $365M in Stock to Increase Ethereum Holdings appeared first on Parameter.
