Bitmine Immersion Technologies Stock Jumps After New Filing Shows $11.5 Billion in Crypto and Cash
Bitmine Immersion Technologies shares jumped 11.6% Monday after the company reported its crypto, cash, and other investments had reached $11.5 billion. Bitmine disclosed holdings of 4,595,562 ETH, 196 bitcoin, and $1.2 billion in cash as of March 15. The company said 3,040,515 ETH was staked, generating $180 million in annualized revenue. Bitmine remains the largest ether treasury among public companies.