Bitmine Stock Surges 20% as Company Discloses $11.8B in Crypto Holdings

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According to CoinEdition, Bitmine (BMNR) stock surged nearly 20% in the early hours of Tuesday following the company's disclosure of $11.8 billion in digital asset holdings, including 3,629,701 ETH, 192 BTC, and a $38 million stake in Eightco Holdings (NASDAQ: ORBS). The company also reported $800 million in unencumbered cash. The surge in BMNR outperformed broader crypto market gains, with Ethereum rising 8% and Bitcoin gaining less than 5% in the same period.

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