BMNR Intraday Gains Expand to 120% with Trading Volume Reaching $1.738 Billion
2025/07/01 16:20According to ChainCatcher, market data shows that Bitmine Immersion (BMNR) shares surged as much as 120% during U.S. trading hours, with the current increase at 92%. The stock is now trading at $64.88, with trading volume soaring to $1.738 billion and a total market capitalization of $396 million.
Bitmine Immersion (BMNR) previously announced the completion of a substantial $250 million private placement. The funds raised will primarily be used to increase its holdings of Ethereum, which it plans to designate as a core reserve asset, while continuing to focus on its main business of Bitcoin mining.
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