Bitmine Immersion Technologies Inc. has updated its "at the market offering" prospectus to increase the potential sale of its common stock. Initially set at a maximum of $2 billion, the company has now filed a supplement with the Securities and Exchange Commission to raise this limit to $4.5 billion. This adjustment allows Bitmine to offer and sell additional shares through Cantor Fitzgerald & Co. and ThinkEquity LLC, the agents managing the controlled equity offering. The move does not constitute an offer to sell or solicitation in any jurisdiction where such actions would be unlawful prior to proper registration or qualification under local securities laws.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.