BlockBeats News, on June 18, according to globenewswire, the tech company BitMine (BMNR), which focuses on accumulating Bitcoin for long-term investment, announced that it has spent $16.347 million to acquire an additional 154.167 Bitcoins.
BlockBeats previously reported that BitMine announced on June 9 that it purchased 100 Bitcoins in the open market using funds raised from a recent stock offering, officially launching its Bitcoin reserve strategy.