BMNR in the US stock market closed this morning with a rise of over 694%, and rose again by over 40% after hours.

BlockBeats news, on July 1, according to market data, US stock Bitmine Immersion Technologies (BMNR) closed this morning with a rise of over 694%, and rose over 40% in after-hours trading, currently reported at 47.61 USD. BlockBeats previously reported that Bitmine announced earlier today the completion of a large private sale financing of 250 million USD, issuing 55,555,556 shares at a price of 4.50 USD per share. BitMine plans to use the raised funds mainly to increase its holdings in Ethereum (ETH), intending to make it a core reserve asset while continuing to maintain its main business in Bitcoin Mining.

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