Bitmine completes $16.34M Bitcoin purchase, now holds 154.167 BTC at avg $106,033

BITMINE IMMERSION TECHNOLOGIES, INC.

Net proceeds from public offering closed June 6 were ~$16.340M; company spent $16.347M to buy 154.167 Bitcoin.
Average purchase price per Bitcoin was $106,033; total corporate treasury now stands at 154.167 BTC.
CEO Jonathan Bates stated 100% of offering proceeds were invested in Bitcoin, fulfilling the company's stated commitment.

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