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Wajeeh Khan

Can Fundstrat’s Tom Lee Make BitMine Immersion Stock the ‘MicroStrategy of Ethereum’?

Tom Lee BitMine Immersion BitMine Fundstrat Ethereum BMNR Mining Crypto

BitMine Immersion (BMNR) shares soared more than 500% on Monday after the crypto mining firm named Fundstrat’s head of research Tom Lee its new chairman of the board. 

More importantly, the Los Angeles-headquartered company announced plans to raise about $250 million through a private placement, proceeds from which, it confirmed, will be used to buy Ethereum (ETHUSD).

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