BitMine Immersion Technologies ($BMNR) is drawing fresh attention from crypto and equity investors as it pivots from a traditional mining business toward an Ethereum (ETH)-heavy treasury and large-scale 'staking' strategy—an approach that could reshape how public companies seek crypto-linked yield. Shares of BitMine closed at $15.79 on Friday ET, down 4.82% from the prior session's $16.59.
Bitcoin quantum security moved to the forefront after Coinbase unveiled a detailed plan to prepare Bitcoin infrastructure for future advances in quantum computing. Coinbase CEO Brian Armstrong said quantum computing does not pose an immediate threat to Bitcoin.
Ten public companies now hold more than 1 million bitcoin between them, and the gap between the winners and losers on Wall Street has never been wider.