Stock Track | BitMine Immersion Technologies Soars 5.45% on Major Ethereum Purchase

Stock Track

2025/12/10

BitMine Immersion Technologies Inc. (BMNR) saw its stock surge by 5.45% during intraday trading on Tuesday, following the company's announcement of a significant Ethereum purchase.

The company revealed it bought 138,452 ETH last week, worth approximately $429 million at current prices. This marks BitMine's largest Ethereum purchase in nearly two months, bringing its total ETH holdings to 3.864 million, valued at around $12 billion. The move signals strong confidence in Ethereum's market rebound and aligns with the company's strategy to expand its crypto treasury holdings.

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(BMNR) saw its stock surge by 5.45% during intraday trading on Tuesday, following the company's announcement of a significant Ethereum purchase.</p><p>The company revealed it bought 138,452 ETH last week, worth approximately $429 million at current prices. This marks BitMine's largest Ethereum purchase in nearly two months, bringing its total ETH holdings to 3.864 million, valued at around $12 billion. 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