U.S. Crypto Company BitMine Expands USD 24.5B equity plan

Categories: Capital Markets

BitMine Immersion Technologies, Inc., a US-based cryptocurrency mining infrastructure company, expanded its at-the-market equity offering program by USD 20 billion, bringing the total to USD 24.5 billion. The amendment was executed through its Controlled Equity Offering℠ Sales Agreement with ThinkEquity LLC, a boutique U.S. investment bank.

Greenberg Traurig advised ThinkEquity with a cross-office team spanning Tel Aviv, Boston, New York, and Miami. The inclusion of the Tel Aviv office reflects Israel’s growing role in global capital markets transactions, enabling seamless collaboration between US and Israeli teams.

The advisory was led by Tel Aviv Shareholder David Huberman and U.S.-based Win Rutherfurd, supported by associates Spencer Cercone, Jennifer Hicks Sagarduy, Michael Soumas, and Brandon Sloane.

GT – Greenberg Traurig P.A.