BitMine Immersion Technologies Inc-Should You Buy BMNR Stock Following the Beast Industries Deal?

Key Takeaways BMNR invested $200M in Beast Industries as part of its broader Ethereum-focused growth plan.The firm now holds 4.2M ETH, 3.48% of total supply, and intends to accumulate 5% of the same.BMNR raised authorized shares and declared a$ 0.01 dividend, signaling shareholder-friendly moves.Las Vegas, NV-based Ethereum treasury firm, BitMine Immersion Technologies (BMNR) , revealed earlier this month that it has made a $200 million equity investment in Beast Industries as part of the broader expansion ...