BitMine Stock Rally Extends as Firm Pivots to Ethereum Treasury, Staking Strategy

BitMine Immersion Technologies ($BMNR) extended its outsized rally on Friday, underscoring how publicly traded crypto infrastructure names are increasingly being valued not only as Bitcoin (BTC) proxies, but also as vehicles for broader digital-asset treasury strategies.

Shares of BitMine closed at $16.14, up 2.80% on the session, after trading between $15.44 and $16.22. Over the past 12 months, the stock is up more than 269%, one of the strongest performances among U.S.-listed crypto mining-related equities. Morningstar characterized the name as a potential “new safe haven” in the context…  Read more

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