BitMine Immersion Technologies (BMNR) Stock Rises as $44M Ethereum Buy Extends Rally – November 28, 2025
BitMine Immersion Technologies shares closed at $33.12 on November 28, up about 4–5% after the company disclosed a purchase of 14,618 Ethereum worth around $44 million. Trading volume topped 51 million shares, well above average. The move follows a string of large ETH buys, bringing BitMine’s holdings to roughly 3.63 million ETH, or about 3% of total supply. The stock snapped a seven-week losing streak, rising 17% over the past week.