Why Bitmine Immersion Technologies Stock Soared Nearly 8% Higher Today

Monday was a good day for cryptocurrency holding companies to publish portfolio updates. In what qualifies as excellent timing, Bitmine Immersion Technologies' (NYSEMKT: BMNR) latest release, which yet again revealed a higher pile of digital money, came early enough that morning to benefit from general crypto optimism in the market. This helped push Bitmine stock to an almost 8% gain on the day. Bitmine's weekly digest of its most crucial assets revealed that the company's total Ethereum holdings have reached 4,473,587. In hard currency terms, this investment is now worth nearly $9.1 billion. That total is up from the week-ago tally of 4,422,659. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool