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BitMine stock pops 8% on 3.24 million ETH milestone – TON BOT

BitMine stock pops 8% on 3.24 million ETH milestone

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BitMine’s stock surged over 8% after disclosing its massive holding of 3.24 million Ethereum tokens and a strategy to acquire more during market downturns. This made BitMine the world’s largest Ethereum treasury and second-largest overall. The company also added 203,800 ETH during a recent market event, valued at $800 million, aiming to achieve its “Alchemy of 5%” goal. This news reshaped BitMine’s equity performance, with growing investor interest and trading volume making it the 33rd most traded stock in the U.S. This surge is closely linked to Ethereum’s market recovery, with ETH rebounding nearly 3% in the past 24 hours.

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