BitMine Immersion Technologies Watchlist

tz-plus logo BitMine continues to buy Ethereum: Is the stock a leverage on ETH?

T. Reich
Reading Time: 2 minutes

BitMine Immersion Technologies is a US technology company in the cryptocurrency sector that focuses on mining digital assets and building large crypto reserves. Originally, the emphasis was on Bitcoin mining using so-called immersion technology, where high-performance mining computers are immersed in special liquids to efficiently dissipate heat and reduce energy consumption. However, in recent years, the company has expanded its strategy and is increasingly pursuing a treasury approach, where cryptocurrencies like Bitcoin and especially Ethereum...

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