Data: Bitmine's stock price has increased by more than 30 times since announcing its Ethereum reserve strategy

ChainCatcher news, the market shows that Bitmine's closing price yesterday was $135, compared to the closing price of $4.26 the day before the announcement of the Ethereum reserve strategy, the stock price has increased by more than 30 times.

Previously, news reported that BitMine Immersion Technologies, a company listed on the New York Stock Exchange, announced the pricing and signed a private placement agreement to purchase and sell 55,555,556 shares of common stock at a price of $4.50 per share, expecting to raise $250 million to initiate the ETH financial strategy.