BitMine Immersion Stock’s Momentum: What You Should Know About Tom Lee’s Ethereum Treasury Company As Q4 Results Near

Blockchain technology company BitMine Immersion Technologies Inc. (NYSE:BMNR) is set to report the results of the fourth quarter and full year ending Aug. 31 before the opening bell on Friday. Here’s what investors should focus on before the announcement.

World’s Leading Crypto Treasury Play

BitMine underwent a pivot earlier this year, transforming from a traditional Bitcoin (CRYPTO: BTC) mining operator to the world’s largest corporate holder of Ethereum (CRYPTO: ETH). Wall Street veteran and Fundstrat co-founder Tom Lee took over as the company’s chair.

As of this writing, it holds 3,559,879 ETH in its treasury, worth $10.78 billion, according to …

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