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Bitmine Stock Surges 3% After Adding 8,573 Ethereum Crypto

Bitmine Stock Surges 3% After Adding 8,573 Ethereum Crypto

Photo: The Coin Republic

Key Insights: BMNR stock price surged 3% after Bitmine added 8,573 ETH this week, bringing holdings to 6.06M. The company now holds 4.9% of the total Ethereum supply. The firm reported 5,227,037 ETH staked and $14.5 billion in assets. BitMine stock shares gained 3.24% on Nov. 2, while the company disclosed another weekly Ethereum purchase. The BMNR stock price reached $20.84 at 10:18:10 a.m. UTC−5, up $0.66 from the previous close of $20.19. BitMine reported 6,060,506 ETH in holdings, and Chairman Tom Lee discussed the separate $6.3 billion Binance hack.

Source: The Coin Republic

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