Bitmine Immersion Technologies Stock Jumps After New Filing Shows $11.5 Billion in Crypto and Cash
Bitmine Immersion Technologies shares climbed 11.6% late Monday morning, after an 8-K filing showed its crypto, cash, and investment holdings totaled $11.5 billion. The stock recently changed hands at $22.93, not far from the session peak of $23.21. This shift is significant: Bitmine now stands out as one of the most direct listed plays on ether, the Ethereum blockchain’s native currency. Ether itself rallied roughly 9.3% to $2,288.91, a level not seen in five weeks. SharpLink picked up 8.2%, with BTCS following—shares up 6.3%.