Why Is BitMine Immersion Stock Gaining Monday?

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BitMine Immersion Technologies Inc. (NYSE:BMNR) shares rose Monday, riding Bitcoin’s rally above $69,000 and a fresh company update highlighting total holdings of $11.4 billion.

Holdings Surge to $11.4 Billion

On Monday, BitMine said its total crypto, cash, and “moonshot” holdings reached $11.4 billion, driven by a growing Ethereum treasury and continued accumulation.

The company will uplist from the NYSE American to the New York Stock Exchange on April 9, 2026, maintaining its ticker “BMNR.”

As of April 5, Bitmine held 4.8 million Ethereum (CRYPTO: ETH/USD)—about 3.98% of total supply—alongside 198 Bitcoin

Full story available on Benzinga.com

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