Reported about 18 hours ago
Bitmine Immersion Technologies, Inc. (BMNR) saw a significant 24.59% increase in its stock price, closing at $51.43, after Ethereum's price jumped past $4,000, resulting in an unrealized gain of approximately $423 million. The company recently became the largest holder of Ethereum, having acquired over $3 billion worth in coins and plans to further increase its Ethereum treasury. Despite this positive outlook for BMNR, some analysts suggest that certain AI stocks may offer better investment opportunities.
Source: YAHOO