Bitmine Immersion Technologies actions (BMNR)The ether
The Treasury strategy firm led by Thomas Lee de Fundsstrat, slid 20% on Thursday, extending a 40% drop from the previous day, since the company revealed plans to raise up to $ 2 billion through a sharing agreement.
The mass sale occurs immediately after Bitmine that closes a financing round of $ 250 million and ensures a market in the market
Actions offer agreement with Cantor Fitzgerald and Thinkechy, according to a presentation of the SEC on Wednesday. Cantor will act as the main agent, selling shares directly to the market over time at the discretion of the company.
The decline follows a parabolic career for Bitmine, which had increased 3,000% after announcing a treasure strategy centered on Ethereum and appoint Tom Lee de Fundstrat as president of the Board.
However, Coindesk reported last week that the price action could reflect a similar arc with Sharplink games (Sbet)Another work by Treasury Eth, whose shares were shot and then fell 90% after the first investors began selling.
BMNR has dropped 65% since the report.
Read more: Tom Lee’s bitmine increases 3,000% from Eth Treasury’s strategy, but Sharplink’s fall guarantees caution
