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Benzinga

Business

Dylan Berman

BitMine Stock Is Trading Higher Wednesday: What's Going On?

BitMine Peter Thiel

Eth,Coin,With,Blurred,Candlestick,Chart,In,The,Background.,Ethereum

BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed that FF Consumer Growth, a firm linked to billionaire investor Peter Thiel, has taken a stake in the company.

What To Know: As of July 8, FF Consumer Growth holds a passive 9.1% ownership in BitMine.

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