BMNR holdings surge as Ether breaks $4,400

Bitmine Immersion Technologies (BMNR) surged 5% at the opening bell on Tuesday after Ether (ETH) surpassed $4,400. The company announced it would issue up to $20 billion in additional shares, further increasing its Ether holdings to 1% of the circulating supply. This news boosted BMNR's year-to-date gains to over 600%.

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