BitMine Immersion Technologies Inc. (BMNR) surged 6.47% during the night session, mirroring a broader rally in crypto-related stocks as Bitcoin rebounded to $87,091.
The rebound in Bitcoin prices has reignited investor interest in crypto-linked equities, with BitMine among the top gainers. Other crypto stocks, such as GameSquare and Bit Digital, also saw significant gains during the session.
The rally reflects renewed optimism in the crypto market, driven by Bitcoin's recovery after recent volatility. BitMine, which specializes in immersion cooling technology for Bitcoin mining, is particularly sensitive to Bitcoin price movements.
Comments