Peter Thiel Reveals 9.1% Stake in Tom Lee's ETH-Focused Bitmine Immersion Technologies

CN
coindesk
Follow
7 hours ago


Bitmine Immersion Technologies (BMNR), the ether treasury strategy firm helmed by Fundstrat's Thomas Lee, is rebounding on Wednesday on news that prominent tech investor Peter Thiel invested in the company.

According to a Tuesday filing to the U.S. Securities and Exchange Commission (SEC), Thiel purchased 9.1% of the firm's common shares through various investment funds.

BMNR shares were up 25% approaching the noon hour in the U.S., changing hands at around $48. It was a $4 stock prior to the ether pivot announced last last month.

Excitement continues to grow around the growing trend of corporate ETH acquisition strategies, and it's giving a boost to ETH itself, which is up another 9% today and 23% over the past week. That compares to bitcoin's more modest 9.6% advance over the past seven days.

Other ETH treasury firms also surged during Wednesday's session. Sharplink Gaming (SBET) was up 17%, while BTCS was 25% higher as it was added to the Russel Microcap index.

Read more: Altcoins Outperform as Rally Gains Steam: Crypto Daybook Americas


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

BitMart:上新快、福利猛!注册即享14,000+ USDT迎新奖!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink