BitMine Lists on NYSE, Raises $18 Million for Bitcoin Acquisition

BitMine Immersion Technologies has listed its shares on the NYSE American, raising $18 million to acquire Bitcoin. The move increases investor accessibility and aligns with strategies of other publicly traded firms leveraging equity markets to expand their Bitcoin holdings. 2.25 million shares were offered at $8 each, marking a significant milestone for BitMine. The company’s listing aims to boost trading volume and attract institutional investors while facilitating further Bitcoin purchases.