Bitmine Immersion Technologies published an investor presentation and video with a chairman’s message outlining its Ethereum-centric strategy and recent milestones.
Key Highlights:
- Published investor Presentation (Exhibit 99.1), Video transcript (Exhibit 99.2) and Press Release (Exhibit 99.3) under Regulation FD.
- Chairman Tom Lee argued Ethereum may be entering a 2.0 era and presented bullish scenario and targets for ETH.
- Bitmine holds 5.74 million ETH (~4.8% supply) and aims to slow purchases to target ~5% of supply.
- Launched MAVAN staking network, led investments in ETH Labs, Ethereum Institutional and ETH Systems to bolster ecosystem.
- Announced preferred stock ticker BMNP launched June 9 at $80 and trading at $86; uplisted to NYSE and added to Russell 1000.
Original SEC Filing:
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