BitMine to raise $24.5B, Sharplink completes $389M stock sale

August 12, 2025

, By Cointelegraph

Share via:

The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high.

Public Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering to acquire more Ether (ETH) tokens, according to a Tuesday US Securities and Exchange Commission data-ct-non-breakable=”null” href=”https://www.sec.gov/ix?doc=/Archives/edgar/data/0001829311/000149315225011833/form8-k.htm” rel=”noopener nofollow” target=”_blank” title=”null”>filing.

BitMine’s SEC filing. Source: SEC.gov

BitMine’s offering comes the…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Anthropic to offer Claude to Trump administration for $1

Next News

Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts

Popular

More Like this

BitMine to raise $24.5B, Sharplink completes $389M stock sale

August 12, 2025

, Published By Cointelegraph

The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high.

Public Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering to acquire more Ether (ETH) tokens, according to a Tuesday US Securities and Exchange Commission data-ct-non-breakable=”null” href=”https://www.sec.gov/ix?doc=/Archives/edgar/data/0001829311/000149315225011833/form8-k.htm” rel=”noopener nofollow” target=”_blank” title=”null”>filing.

BitMine’s SEC filing. Source: SEC.gov

BitMine’s offering comes the…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

Anthropic to offer Claude to Trump administration for $1

Next News

Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts

More like this

Popular

Block title