The Latest Breaking News from BitMine Immersion

BitMine Immersion stock continued to rally alongside Ether that’s trading at record levels this week. Here’s why it may not be too late to invest in BMNR shares yet.

A Congressman recently disclosed buying shares of Bitmine Immersion Technologies (AMEX:BMNR), adding to the list of prominent names attached to the Ethereum (CRYPTO: ETH) treasury company.

BitMine Immersion stock pushes up after increasing its ETH holdings by $2 billion within a week. Here’s why the crypto pivot has worked for BMNR shares and why it will likely continue to work.

Shares of Bitmine Immersion Technologies Inc (NYSE:BMNR) are trading sharply higher this week, propelled by the firm’s ongoing strategic pivot to build an Ethereum (CRYPTO: ETH) treasury. Here’s what investors need to know.

On Tuesday, Cathie Wood-led Ark Invest executed significant trades, focusing on Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic positioning in the market amidst evolving financial landscapes.

Bitmine stock in focus as Tom Lee’s ETH firm announces a $1 billion share repurchase plan. But does that make BMNR shares worth owning at current levels?

On Monday, Cathie Wood-led Ark Invest made significant trades, including a notable purchase of Bitmine Immersion Technologies Inc. (BMNR) shares. The investment firm also increased its holdings in Alphabet Inc. (NASDAQ:GOOG) and NVIDIA Corp (NASDAQ:NVDA), while reducing its stake in Robinhood Markets Inc. (NASDAQ:HOOD) and Palantir Technologies Inc (NASDAQ:PLTR).

SharpLink Gaming (NASDAQ:SBET) climbed 5.28% during Monday pre-market amid reports that the company is making significant strides in its Ethereum (CRYPTO: ETH) strategy, nearing a substantial milestone with a recent major acquisition.

Crypto-related stocks and ETFs, such as IBIT, MSTR, COIN, BMNR, and ETHA, are gaining momentum as investors seek exposure to the crypto momentum.

Shares of BitMine Immersion Technologies Inc. (AMEX:BMNR) are trading higher Thursday after the company announced its Ethereum holdings have exceeded $2 billion.

Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic adjustments amid evolving market conditions.