{"id":51770,"date":"2025-10-08T16:46:34","date_gmt":"2025-10-08T16:46:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51770"},"modified":"2025-10-08T16:46:34","modified_gmt":"2025-10-08T16:46:34","slug":"cathie-wood-backed-bitmines-600-stock-surge-but-kerrisdale-warns-premium-is-destined-to-sink","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51770","title":{"rendered":"Cathie Wood Backed BitMine&#8217;s 600% Stock Surge \u2014 But Kerrisdale Warns &#8216;Premium Is Destined To Sink&#8217;"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies Inc <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) has been on a meteoric rise this year\u2014up more than 600% since it began trading in June 2025\u2014driven by its pivot from <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining to an <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) -focused <a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/10\/48094142\/forget-microstrategy-these-2-little-known-bitcoin-treasury-stocks-are-significantly-undervalued\">digital-asset treasury.<\/a> <\/p>\n<p>The company now claims the crown as the world&#8217;s largest corporate holder of ETH, attracting marquee investors like <strong><a href=\"https:\/\/www.benzinga.com\/topic\/cathie-wood\">Cathie Wood<\/a><\/strong>\u2018s <strong>Ark Invest<\/strong>, <strong><a href=\"https:\/\/www.benzinga.com\/topic\/peter-thiel\">Peter Thiel<\/a><\/strong>&#8216;s <strong>Founders Fund<\/strong>, <strong><a href=\"https:\/\/www.benzinga.com\/topic\/tom-lee\">Tom Lee<\/a><\/strong>, and <strong><a href=\"https:\/\/www.benzinga.com\/topic\/bill-miller\">Bill Miller III<\/a>.<\/strong> For <a href=\"https:\/\/www.benzinga.com\/crypto\">supporters of crypto supercycles<\/a>, BitMine stock looks like a must-watch play.<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Track BMNR stock <a href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">here<\/a>.<\/strong><\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Kerrisdale Shorts Cry Foul<\/h2>\n<p>But not everyone is convinced. Kerrisdale Capital, led by Sahm Adrangi, recently published a short report on BitMine, calling it &#8220;DAT &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48106480\/cathie-wood-backed-bitmines-600-stock-surge-but-kerrisdale-warns-premium-is-destined-to-sin\" alt=\"Cathie\" wood backed bitmine stock surge but kerrisdale warns is destined to sink>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc (NASDAQ:BMNR) has been on a meteoric rise this year\u2014up more than 600% since it began trading in June 2025\u2014driven by its pivot from Bitcoin (CRYPTO: BTC) mining to an Ethereum (CRYPTO: ETH) -focused digital-asset treasury. The company now claims the crown as the world&#8217;s largest corporate holder of ETH, attracting marquee [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51770","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51770"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51770\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}