Shares of Bitmine Immersion Technologies Inc. (NYSE:BMNR) are gaining on Thursday morning, trading higher as major digital assets extend their upward momentum.
BitMine Immersion shares are powering higher. Why are BMNR shares rallying?
Crypto Treasury Value Expands On Price Momentum
The stock’s strength comes as Bitcoin (CRYPTO: BTC) trades near $68,100 and Ethereum (CRYPTO: ETH) pushes past $2,290, directly boosting the net asset value of Bitmine’s crypto-heavy balance sheet.
Management Update Highlights $11.4 Billion Treasury
