NYSEAM:BMNRSoftware
Why BitMine Immersion Technologies (BMNR) Is Down 7.5% After Becoming the Largest Holder of Ethereum
Earlier this week, BitMine Immersion Technologies announced its cryptocurrency holdings have surpassed US$6.6 billion, with more than 1.5 million Ethereum tokens, securing its position as the world’s largest Ethereum treasury and the second-largest global crypto treasury.
Major institutional support and an ambitious goal to acquire 5% of all ETH have rapidly transformed BitMine into one of the most actively traded US stocks.
To better understand BitMine's investment narrative, we’ll explore...