Why Is BitMine Immersion Stock Surging on Thursday?
Shares of Bitmine Immersion Technologies Inc (NYSE: BMNR) are rising Thursday on Ethereum treasury growth and updates from Tom Lee.
BitMine's stock is going up because Ethereum (a cryptocurrency) has more money saved up, and a famous market person named Tom Lee shared his thoughts about it. When people hear good news about the coins a company works with, they often get more interested in buying that company's stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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