Bitmine Immersion Technologies’ shares surged nearly 15% after Peter Thiel disclosed a 9.1% stake, making him the largest investor. This boost coincides with Bitcoin nearing record highs and Ether reaching a five-and-a-half-month peak. The company holds a substantial amount of Bitcoin and Ether, valued at approximately $535.5 million.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets