BitMine Stock Soars as Company Discloses Ethereum Holdings, Total Holdings Reach $14.2 Billion

BitMine Immersion Technologies (NASDAQ:BMNR) shares are rising as the company updates its cryptocurrency and cash holdings, now owning 2.8% of the ETH token supply and holding $14.2 billion in assets. The stock is trading 3.7% above its 50-day moving average and 111.1% above its 200-day moving average, indicating a bullish short-term and long-term trend. Key support is at $48.51, and resistance is at $55.19.