Bitmine Immersion Technologies recently launched an ether buying strategy and named Fundstrat's Tom Lee chairman.

Bitmine Immersion Technologies Inc (BMNR) opened nearly 20% up on Wednesday after Peter Thiel revealed a 9.1% stake in the Ether treasury company. The billionaire investor has built a sizable stake in the Tom Lee-chaired business at a time when ETH-linked assets are rallying hard on optimism tied to the Senate’s recent approval of the “GENIUS

Bitmine stock soars as billionaire investor Peter Thiel reveals a 9.1% stake. But BMNR shares remain a speculative investment at best in 2025.