BMNR is trading at $22.34 (+8.76%) in pre-market after announcing the acquisition of 5,000 Ether from the Ethereum Foundation for $10.2 million.
- The strategic purchase significantly expands the company's digital asset holdings as it continues to scale its immersion technology operations.
- The stock's rally is further supported by a broader 8.87% gain in Ethereum (ETH) driven by heavy institutional inflows and whale buying activity.
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