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How ARK Invest's Participation in $182M Placement Will Impact Bitmine Immersion (BMNR) Investors
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How ARK Invest's Participation in $182M Placement Will Impact Bitmine Immersion (BMNR) Investors
On July 22, 2025, Bitmine Immersion Technologies completed a private placement issuing 4,773,444 common shares at US$38.13 each, raising gross proceeds of US$182 million, with ARK Invest participating in the transaction. This infusion of nearly US$177 million in net proceeds marks a meaningful liquidity boost for the company and highlights increased institutional participation. We will explore how this influx of capital from investors like ARK I…
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