BitMine, a major Ethereum treasury company, has updated its prospectus to increase the size of its Common Stock offering to $24.5โฏbillion. This total includes $2โฏbillion from the current prospectus, $2.5โฏbillion from a previous supplement, and an additional $20โฏbillion from the latest filing. The capital raise is aimed at aggressively expanding BitMineโs ETH holdings, further securing its position as one of the largest institutional Ethereum holders and highlighting growing corporate confidence in Ethereumโs long-term potential.
