Why Bitmine Immersion Technologies Popped by More Than 11% Today

Bitmine Immersion Technologies (NYSEMKT: BMNR), which is known in the cryptocurrency world as a top holder of Ethereum, had some good news to report on what was already a fine Monday for crypto stocks generally. It also benefited handsomely from its association with a hot peer company and the altcoin in which that business specializes. On the back of an operational update detailing its holdings in Ethereum and other assets, investors traded the stock up by more than 11% on the day.Companies that mine and/or acquire top cryptocurrencies like to publish monthly operational updates, and Bitmine is no exception. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool