BitMine Immersion Technologies, Inc. Completes Bitcoin Purchases from Proceeds of Offering, Now Owns 154.167 Total BTC

LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has completed all purchases of Bitcoin for its treasury from the proceeds of BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, 2025 The net proceeds to the Company from the offering after deducting fees and expenses was approximately $16.340 million, and the Company spent $16.347 million to buy 154.167 Bitcoin at an average price of $106,033.

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