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Benzinga
Benzinga
Business
Adam Eckert

BitMine (BMNR) Stock Is Tumbling Tuesday: What's Going On?

Ethereum,Virtual,Currency,On,Black,Screen

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are bouncing around in early trading Tuesday after the company announced a shelf offering by selling stockholders and a subsequent stock repurchase program.

What Happened: After the market close on Monday, BitMine said in a filing that it registered for the offer and resale of shares and warrants in a private placement offering that closed on July 8.

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