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Benzinga
Benzinga
Business
Surbhi Jain

Peter Thiel And Cathie Wood Just Boarded Tom Lee's Ether Rocket

Mining,Crypto,Currency,-,Ethereum.,Online,Money,Coin,In,The

A little-known crypto microcap is suddenly attracting some very big names. Bitmine Immersion Technologies Inc (NYSE:BMNR), a modular crypto miner previously flying under the radar, has become the latest magnet for bold bets from Peter Thiel, Cathie Wood, and Tom Lee.

That conviction seems to be resonating with the market. BMNR has surged 279.75% over the past year, is up 465.29% year-to-date, and a staggering 799.32% in just the past month—turning what was once an obscure microcap into one of the hottest tickets in crypto infrastructure.

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