Bitmine Immersion Technologies (BMNR) shares surged 8.26% to $24.72 after the company reported another major expansion of its Ethereum treasury.
The company added 32,447 ETH last week and lifted total Ethereum holdings to 5,847,611 tokens.
This move brings Bitmine closer to controlling 5% of Ethereum's circulating supply, a target that would require about 6.04 million ETH at the current supply level.
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