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Bitmine Raises $280M to Pivot From Bitcoin Mining to Ethereum Infrastructure

Bitmine Raises $280M to Pivot From Bitcoin Mining to Ethereum Infrastructure

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Bitmine Immersion Technologies has raised $280 million to push deeper into Ethereum infrastructure, marking a sharp pivot away from its Bitcoin mining roots. The market wasn’t exactly impressed: BMNR shares sold off after the announcement, showing investors still want hard proof, not just a fresh narrative with shiny hardware attached. $280 million raised through a […]

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