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Benzinga
Benzinga
Business
Adam Eckert

BitMine Immersion Technologies Stock Is Soaring Monday: What's Going On?

Golden,Ethereum,Is,An,Asset,Of,Choice,For,Many,Investors,

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are rallying Monday after the company appointed Fundstrat’s Tom Lee as chairman and adopted an Ethereum (CRYPTO: ETH) strategy.

What Happened: BitMine announced the signing and pricing of a private placement for the purchase and sale of approximately 55.56 million shares of common stock for $4.50 per share.

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