The US-listed company BitMine Immersion Technologies has purchased 100 bitcoins for the first time, initiating a reserve strategy

ChainCatcher news, according to GlobeNewswire, the NYSE-listed company BitMine Immersion Technologies (NYSE American: BMNR) announced that it has officially launched its Bitcoin reserve strategy by purchasing 100 Bitcoins in the open market with funds raised from a recent stock issuance. The company stated that it will continue to increase its Bitcoin holdings in the future as a long-term investment and core business pillar.