Is Bitmine (BMNR) Stock a Buy as It Keeps Stacking ETH?

Bitmine Immersion Technologies (BMNR) bought 12,535 more ETH, lifting its total to 6,041,481 ETH. Ethereum trades near $2,422, down about 5% on the week and below its 20-day average. Bitmine has 5.07 million ETH staked and reports $15.1 billion in total holdings. The stock opened at $21.60 on Tuesday.