Peter Thiel’s 9.1% stake in Bitmine sparks 25% surge

More on Bitmine Immersion Technologies Bitmine Immersion: $250 Million PIPE Redefines The Balance Sheet, But Valuation Looks Stretched Already BitMine Immersion holds approximately $500 million of Ethereum; shares up over 5% Bitmine announces $250M private placement to advance Ethereum treasury strategy Financial information for Bitmine Immersion Technologies

Source: Seeking Alpha