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BitMine Immersion Technologies shares rise 1.14% after-hours following $250 million private placement for Ethereum strategy.
ByAinvest
Wednesday, Jul 9, 2025 4:53 pm ET1min read
Immersion Corporation rose 1.14% in after-hours trading, following the closing of a $250 million private placement to support its Ethereum strategy. The transaction was led by Mozayyx, with participation from a high-quality group of investors including Founders Fund, Pantera, FalconX, Republic Digital, Kraken, and Galaxy. The company's Ethereum treasury strategy aims to strengthen the broader Ethereum ecosystem.
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