NYSE:BMNRSoftware
Bitmine Immersion Technologies (BMNR) Is Up 5.8% After Massive Ethereum Build-Up And Buyback Shift - What's Changed
Bitmine Immersion Technologies, Inc. recently reported third-quarter and nine-month results showing a sharp rise in revenue to US$46.54 million and US$59.87 million respectively, alongside very large net losses, and approved a change in its fiscal year-end to align with a December 31 reporting cycle.
At the same time, the company expanded its Ethereum holdings to about 4.8% of the total supply, launched its institutional MAVAN staking platform, and redirected capital toward a...