Bitmine Immersion (BMNR) saw a pre-market turnaround from a decline to an increase, planning to raise $20 billion in funding to increase its ETH holdings

BlockBeats News, August 12th, according to RockFlow market data, Bitmine Immersion (BMNR) reversed its pre-market decline to rise, currently up by 4.95%.

Bitmine Immersion (BMNR) announced today its plan to increase the fundraising scale by 20 billion US dollars to increase its ETH holdings. The maximum total offering price specified in Bitmine Immersion's prospectus can reach up to 20 billion US dollars, the maximum offering price specified in the first prospectus supplement can reach up to 25 billion US dollars, and the maximum offering price specified in the newly released second prospectus supplement can reach up to 200 billion US dollars, totaling 245 billion US dollars.