Spectacular Rally: BitMine Immersion Technologies (NYSEAMERICAN: BMNR) has skyrocketed roughly 700% in 2025, rocketing from about $5 in January to a $161 peak by mid-year. After wild swings this month – spiking to ~$63 then plunging 11% in a day – BMNR now trades around $50 as of Oct. 24 [1][2]. Trading volumes are enormous (40–70 million shares, ~$2–3 billion daily), making BMNR one of the most active U.S. stocks by dollar volume [3].
Ethereum “Whale” Holdings: Originally a Bitcoin miner, BitMine pivoted into a crypto treasury strategy and now holds about 3.24 million Ethereum (ETH) – roughly 2.7% of all ETH – plus 192 Bitcoin and other assets [4]. Its crypto stash (worth over $13 billion) makes…
