BitMine Stock Rises After $22.9M Ethereum Buy, Holdings Near 5 Million ETH

BitMine Immersion Technologies ($BMNR) surged after disclosing another sizable Ethereum (ETH) purchase, underscoring how some publicly traded crypto-linked firms are increasingly using digital assets not just as an operating byproduct, but as a core balance-sheet bet.

The Atlanta-headquartered Bitcoin (BTC) mining company—known for differentiating its operations with ‘immersion cooling’—was highlighted alongside other closely watched mining-related names such as IREN ($IREN) and Riot Platforms ($RIOT) on Saturday ET, as investors reacted to its latest expansion of an aggressive Ethereum…  Read more

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