Bitmine Immersion Technologies, Inc. (BMNR) surged 31% last week by acquiring more Ethereum, increasing its total ownership to $9 billion. The company now holds 2.06 million Ethereum tokens and 192 Bitcoins, making it Ethereum’s largest holder. They also invested $20 million in Worldcoin (WLD), an ERC-20 token focused on Proof of Humanity. Chairman Thomas Lee believes in Ethereum’s long-term potential and its role in transforming the financial system with AI and Wall Street moving onto the blockchain. While BMNR shows promise, other AI stocks may offer higher returns. Explore the potential of AI stocks in our free report.

Read more at Yahoo Finance: Bitmine (BMNR) Surges 31% as Firm Raises ETH Treasury to $9 Billion