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BitMine Stock Climbs as Tom Lee's Firm Boosts Ethereum Holdings to $11 Billion
Yahoo Finance·2025-09-29 14:14

BitMine Immersion Technologies stock rose Monday morning after the company announced that it purchased nearly 1billionworthofEthereumoverthelastweek,pushingthevaluationofitstotalETHtreasuryto1 billion worth of Ethereum over the last week, pushing the valuation of its total ETH treasury to 11 billion. The Ethereum treasury firm’s stock rose more than 6% to a recent price of 53.60,followingtheannouncement.Evenwiththeuptick,BMNRremainsdownnearly453.60, following the announcement. Even with the uptick, BMNR remains down nearly 4% over the last week. The Las Vegas-based company disclosed crypto and cash holdings nearing 11.6 billion, including 2.65 million ...