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Bitmine Immersion Technologies shares surge 22.61% intraday as Ethereum reserve concept stocks rally and company announces $10B stock buyback.
ByAinvest
Monday, Aug 11, 2025 10:03 am ET1min read
Bitmine Immersion Technologies, Inc. surged 22.61% intraday, driven by a strong performance in the Ethereum reserve concept sector and the company's disclosure of holding over $29 billion in ETH and ETH equivalents. Additionally, the company announced a $10 billion stock buyback plan to enhance shareholder value.
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