PANews reported on June 5 that according to GlobeNewswire, Bitcoin mining company BitMine Immersion Technologies (NYSE American: BMNR) announced the completion of a public offering of 2.25 million shares, priced at $8 per share, raising a total of $18 million. The company plans to use the net proceeds to directly purchase Bitcoin.

At the same time, BitMine shares have been approved to be listed on the NYSE American exchange on June 5 with the stock code "BMNR", and the original OTCQX market trading will be terminated simultaneously.