Bitmine Immersion Soars 3,000% on $250M ETH Bet, Drawing Comparisons to MSTR and Sharplink

  • Bitmine Immersion (BMNR), led by Fundstrats Thomas Lee, has surged over 3,000% in under a week, becoming the latest crypto-linked stock grabbing investor attention. The companys shares skyrocketed past $140 on Thursday, up from just $4.50, after announcing a $250 million private placement aimed at acquiring Ethereum (ETH).