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Benzinga
Benzinga
Business
Aniket Verma

BitMine Stock Falls 15.1% After-Hours As Peter Thiel-Backed Company Files Shelf Offering, Might Consider Ethereum Purchase With Proceeds

Stock,Market,Graph,On,Screen,Display

Shares of Bitmine Immersion Technologies Inc. (AMEX:BMNR) plummeted in Monday's after-market trading after the company filed for a shelf offering to register securities for sale by selling stockholders

What happened: BMNR fell 15.1% after-hours after the Ethereum (CRYPTO: ETH)-focused company submitted a Form S-3ASR with the SEC.

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