币界网报道：[BitMine announces $250 million private placement to implement Ethereum financial strategy] According to the Coinnet report, BitMine announced the pricing and signing of a private placement agreement to purchase and sell 55,555,556 common shares (or common stock equivalents in lieu thereof) at $4.50 per share, with an estimated total proceeds of approximately $250 million, excluding placement agent fees and other issuance expenses (funded in a combination of cash and cryptocurrency) to implement Ethereum financial strategy. The transaction was led by MOZAYYX, with participation from investors including Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and ThomasLee. The offering is expected to be completed on or about July 3, 2025, subject to customary closing conditions, including but not limited to the approval of the supplemental listing application by the New York Stock Exchange's U.S. Division. The company plans to use the net proceeds from the offering to acquire Ethereum and invest ETH in the company's financial operations. ETH will serve as the company's main financial reserve asset.