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

BitMine Immersion Technologies, Inc. has made a significant move by listing on the NYSE American under the ticker BMNR, effective June 5, 2025. This public offering follows their successful $18 million fundraising round and is being attributed to increased interest in Bitcoin as an asset class. The company plans to use these funds to acquire Bitcoin, joining the ranks of established companies like MicroStrategy and Tesla who have integrated BTC into their portfolios. This strategic move aligns BitMine with a growing trend within the financial sector – publicly traded firms using equity markets to expand their Bitcoin exposure.