Why BitMine Immersion Technologies Stock Skyrocketed by 26% This Week

Bitmine Immersion Technologies (NYSE: BMNR), a company focused on investing in top cryptocurrencies and related assets, rode the crypto rally this week. At market close on Friday, it had gained over 26% across the five-day trading stretch, according to data compiled by S&P Global Market Intelligence.Cryptocurrencies got two powerful shots in the arm in a rather short space of time. On Wednesday, Treasury Secretary Scott Bessent announced the Treasury would at least double the size of its regular repurchases of long-term government bonds (to at least $4 billion). Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool