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Dec 8, 2025 4:00 PM

What's Going On With The Jump In BitMine Immersion Stock?

BitMine Immersion Technologies Inc (NYSE:BMNR) shares are trading higher Monday. The company announced that it now owns more than 3.2% of the total Ethereum supply, marking two-thirds progress toward its “Alchemy of 5%” goal.

BitMine Immersion shares are powering higher. Why is BMNR stock up today?

What To Know: BitMine reported that its combined crypto, cash and "moonshot" investments have reached $13.2 billion. As of Dec. 7, the company's holdings included 3,864,951 ETH, 193 Bitcoin, a $36 million stake in Eightco Holdings Inc (NASDAQ:ORBS) and $1 ...