BitMine (BMNR) Stock Surges 6% as It Closes In on 5% of All Ethereum

BitMine (BMNR) stock surged 6.44% to $24.30 on August 24 after reporting a weekly purchase of 32,447 ETH. The company now holds 5.85 million ETH, worth roughly $14.9 billion in combined crypto and other assets, equaling 4.8% of circulating Ethereum supply. Chairman Tom Lee says BitMine is close to its 5% target.