BitMine Stock Gains as Ether Holdings Approach 5% Target
BitMine shares moved higher as the company's ether stash got closer to its 5% supply goal. 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.