BMNR Stock Jumps After Tom Lee-Led BitMine Slows ETH Buying To Fund 5.5M Stock Buyback

Shares of Tom Lee-backed Bitmine Immersion Technologies (BMNR) gained at the opening bell on Monday after the company announced it had further reduced the pace of its Ethereum (ETH) purchases and repurchased around 5.5 million common shares over the past week. rose over 4% % in morning trade, with r…