BitMine Doubles Ethereum Stock Sale Limit, Up to $24.5B

Ethereum treasury firm BitMine has significantly expanded its capacity to raise capital for Ethereum-related activities, raising the total stock sale limit to $24.5 billion. This expansion is driven by a newly filed supplementary prospectus. The increase comprises: $2.0 billion from the existing prospectus, $2.5 billion from a prior supplement, and an additional $20.0 billion authorized in the latest update. This move positions BitMine for greater investment in Ethereum holdings, staking operations, and related blockchain projects. ]