BitMine Immersion Can’t Stop Buying Ethereum as Crypto Prices Tank

BitMine Immersion Technologies (BMNR) has mirrored the pioneering crypto treasury strategy blazed by Strategy (MSTR), formerly known as MicroStrategy, which transformed corporate balance sheets by amassing Bitcoin (BTCUSD) as a reserve asset. However, BMNR diverged by focusing on Ethereum (ETHUSD), leveraging its proof-of-stake network for potential yields through staking and DeFi applications. This shift propelled BMNR’s stock in 2025, surging over 600% in just six months amid Ethereum’s rally and broad ...