Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale

BitMine Immersion Technologies expanded its Ethereum treasury by adding between $136 million and $139 million in ETH. This move follows the company raising $274 million through a preferred stock sale. Consequently, BitMine now holds more than 5.6 million ETH, valued at over $10 billion. These acquisitions occurred prior to the start of preferred share trading. The company continues to grow its leading digital asset reserves as part of its broader financial strategy.