BitMine Immersion Technologies Inc. (BMNR) surged 5.09% during Wednesday's intraday trading session, outperforming the broader market. The rally coincides with positive sentiment around Bitcoin and Ethereum, as highlighted by Fundstrat's Tom Lee, who chairs BMNR's Ethereum treasury operations.
Lee's bullish outlook on Bitcoin and Ethereum, alongside other assets like energy and industrials, has likely fueled investor interest in BMNR. The stock's movement aligns with broader crypto market trends, including Bitcoin reclaiming $95,000 and Ethereum surpassing $3,300 earlier in the day.
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