BitMine Immersion (BMNR) stock ends higher after $14.5B crypto holdings update as market looks to next session
BitMine Immersion shares closed up 3.9% at $29.35 after reporting $14.5 billion in crypto and cash assets, led by 4.2 million ether. Shareholders approved a charter amendment raising authorized shares from 500 million to 50 billion. The company said it recently acquired 35,268 ETH and has staked 1.8 million ether. BitMine’s $200 million investment in Beast Industries is set to close this week.