NEW YORK, March 16, 2026, 11:38 EDT

Bitmine Immersion Technologies shares climbed 11.6% late Monday morning, after an 8-K filing showed its crypto, cash, and investment holdings totaled $11.5 billion. The stock recently changed hands at $22.93, not far from the session peak of $23.21. Securities and Exchange Commission

This shift is significant: Bitmine now stands out as one of the most direct listed plays on ether, the Ethereum blockchain’s native currency. Ether itself rallied roughly 9.3% to $2,288.91, a level not seen in five weeks. SharpLink picked up 8.2%, with BTCS following—shares up 6.3%. Investing.com

Bitmine reported holding 4,595,562 ETH, 196 bitcoin, $1.2 billion in cash, a $200 million position in…