We came across a bullish thesis on Bitmine Immersion Technologies, Inc. on Rittik’s Substack by Anand Capital. In this article, we will summarize the bulls’ thesis on BMNR. Bitmine Immersion Technologies, Inc.’s share was trading at $53.11 as of September 15th.

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Bitmine Immersion Technologies (BMNR) has transformed itself from a traditional cryptocurrency miner into the world’s largest Ethereum treasury, holding over 1.71 million ETH tokens valued at...