Bitmin Immersion Technologies (BMNR)ether
The Treasury Strategy Company led by Thomas Lee de Fundstrat, slipped 20% on Thursday, extending a 40% drop compared to the day before, while the company revealed its intention to raise up to $ 2 billion thanks to a share sale agreement.
The Seloff comes in the heels of the financing fence of $ 250 million and obtaining a market in the market
The stock offer offer with Cantor Fitzgerald and Thinkequity, according to a dry Wednesday file. Cantor will act as the main agent, selling actions directly on the market over time at the discretion of the company.
The decline follows a parabolic race for Bitmin, which had jumped by 3,000% after announcing a cash strategy focused on Ethereum and appointed Tom Lee de Fundstrat as chairman of the board of directors.
However, Coindesk last week reported that the price action could reflect a similar arc seen with Sharplink Gaming (Sbet)Another ETH treasure game, whose stock skyroche, then plunged 90% after the first investors began to sell.
BMNR is down 65% from the report.
Read more: Bitmin by Tom Lee has increased by 3,000% since the ETH treasure strategy, but Sharplink’s dive guarantees prudence
