The stock of a small crypto miner soared 3,000% in a week on a plan to amass a trove of ethereum

Bitcoin and Ethereum

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• BitMine Immersion Technologies raised $250 million to buy Ethereum as a reserve asset.
• The company is aiming to follow Michael Saylor's Strategy playbook.
• Ethereum's role in stablecoins positions it for growth, with a $2 trillion market forecast.

No profits, no problem. Just add Ethereum.

That's the strategy BitMine Immersion Technologies is following.

The blockchain infrastructure company, which specializes...