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Wajeeh Khan

Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now?

Bitmine Immersion Technologies (BMNR) is up more than 20% in afternoon trading after billionaire investor Peter Thiel announced a 9.1% stake in the Ethereum (ETHUSD) treasury stock. 

Thiel’s revelation arrives only weeks after the firm named Fundstrat’s Tom Lee its chairman and raised $250 million from a consortium of accredited investors, including Pantera Capital and Galaxy Digital. 

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