BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Immersion Technologies shares jumped roughly 6% late Monday after saying its ether stash is now 5.54 million tokens. Traders moved back in, using the stock as a listed play on Ethereum. BMNR last traded at $16.85, up 94.5 cents. The stock ranged from $16.40 to $17.28. Volume was about 38.4 million shares.

Bitmine (BMNR) boosts Ethereum holdings to 4.66 million tokens, but treasury value slips to $11 billion

Bitmine (BMNR) boosts Ethereum holdings to 4.66 million tokens, but treasury value slips to $11 billion

Bitmine Immersion Technologies reported Monday that its ether balance climbed to 4,660,903 tokens as of March 22, nudging its supply share up to 3.86%. Still, the sum value of the firm’s crypto, cash, and equity stakes slipped to $11.0 billion, down from $11.5 billion a week before, as ether was marked at $2,072—lower than the $2,185 price given in the March 16 update.
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