Crypto stock Bitmine soars 15% as billionaire Peter Thiel discloses 9.1% stake
Bitmine Immersion Technologies shares jumped nearly 15% in early trading on Wednesday after tech billionaire Peter Thiel disclosed a 9.1% stake in the crypto mining and services company.
Thiel has publicly praised bitcoin, a currency based on blockchain technology, and his Silicon Valley venture capital firm Founders Fund was among the early investors in the digital currency.
