BitMine Immersion Technologies Inc. (NYSE: BMNR) is trading around $53 on Monday, up over 5% intraday, as the company disclosed its Ethereum (CRYPTO: ETH) holdings have surpassed 2.65 million, cementing its position as the world's largest ETH treasury. ETH Treasury Expands To $11.6 Billion The company reported total crypto and cash holdings of $11.6 billion, including 2,650,900 ETHvalued at $4,141 per token, 192 Bitcoin, $436 million in cash, and $157 million in "moonshot" equity investments such as Eight ...

BitMine Immersion Technologies (BMNR) is continuing its significant buying spree. The company announced on Sept. 29 that its total crypto and cash holdings have reached $11.6 billion, with its Ethereum treasury now exceeding 2.65 million tokens. The decisive buying actions cement BitMine’s status as the world’s largest corporate holder of ETH. The announcement on Sept. 29 provides a detailed breakdown of the company’s current assets. According to a press release, BitMine’s holdings now comprise 2,650,900 ...

Bitmine Immersion Technologies, Inc. (AMEX:BMNR) shares tumbled on Thursday, erasing an entire month’s worth of gains, as cryptocurrencies fell below key levels. However, Tom Lee‘s Ethereum (CRYPTO: ETH) treasury company maintained gains of nearly 600% since its June debut. BMNR stock is down. See the real-time price action here. Crypto DropsOver the last five days, Bitmine stock has fallen more than 16% as crypto markets hit the brakes, with Ethereum dropping below the critical $4,000 level. The correction ...

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Major cryptocurrencies, including Bitcoin, Ethereum, and Solana, have surged to new highs over the last 12 months. The reasons are due to friendlier regulatory policies and Wall Street's growing embrace of digital assets.However, one type of crypto investment is performing even better: stocks utilizing cryptocurrency treasury strategies, particularly those leveraging Ethereum and Solana to generate yield.These so-called “crypto treasury stocks” are on the rise, and some smaller companies have begun accumula ...

We recently published 10 Stocks Lost This Big While Wall Street Celebrates. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the worst performers on Monday. Bitmine Immersion snapped a four-day winning streak on Monday, shedding 10.10 percent to finish at $55.10 apiece as investors disposed of shares following plans to raise $365.24 million from the sale of new shares. red into a securities purchase agreement with an institutional investor for the sale of more than 5.2 million common sh ...

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director at Virtus Investment Partners, picked Uber Technologies, Inc. UBER as his final trade.The car service provider surged to a new 52-week high on Monday.Uber recently partnered with Flytrex to launch its first drone delivery program, expanding the San Francisco-based company’s logistics strategy.Don't forget to check out our premarket coverage hereBryn Talkington, managing partner of Requisite Capital Management, named Bitmine Im ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Wall Street tech analyst and Eightco Holdings Inc. (NASDAQ:ORBS) Chair Dan Ives reiterated on Monday his belief in the World Network's (WLD) potential to become the leading authentication technology in the AI revolution. AI Meets Crypto During an interaction with stock market commentator Amit Kukreja, Ives viewed the Sam Altman-founded initiative as more of an infrastructure tech play than a cryptocurre ...

Key Points The ethereum-loving crypto company is pushing hard to be a major holder of a top coin. It continues to raise significant capital to aid it in this effort. 10 stocks we like better than Bitmine Immersion Technologies › Bitmine Immersion Technologies (NYSEMKT: BMNR) didn't have timing on its side with its latest round of capital raising. The cryptocurrency mining and holding company that concentrates on Ethereum saw its share price sag by more than 10% on Monday after it provided details of ...

We'll do final trades right now. Bin Talkington, yours is what. >> BMR, take advantage of the volatility.You can buy it today, then sell the November 80 calls and get $610. >> Thank you. Sirat >> in it just affirmed and confirmed their expectations for earnings growth.>> Stephanie Link >> Coinbase. I like the exchanges for crypto. >> The Joe T Uber new intraday all-time high.More to come. All right, we'll see you on the bell in a little. ...