BMNR stock rises after BitMine says crypto-and-cash holdings hit $14.2 billion
Bitmine Immersion Technologies shares rose 3.1% to $32.17 after the company reported holding 4.144 million ether tokens, worth about $13.2 billion. Bitmine said it has begun staking 659,219 ether and plans to launch its MAVAN staking platform in Q1. Investors are watching a shareholder vote on increasing authorized shares for capital-raising flexibility.