U.S. stocks during the session: BMNR stock price has risen over 90%, with volume surging to over $1.7 billion.

According to Gate News bot, market data shows that on July 2, Bitmine Immersion, stock code BMNR(, a Bit mining immersion cooling company, performed strongly in US stock trading. The company's stock price rose by as much as 120%, and as of the time of writing, the increase still reached 92%, with a trading price of $64.88 per share. The trading volume surged to $1.738 billion, and the company's total market capitalization reached $396 million.

Previously, BMNR announced the completion of a large-scale private placement financing of $250 million. The company stated that the funds would primarily be used to increase its holdings of Ethereum, and it plans to use it as a core reserve asset. At the same time, BMNR will continue to maintain Bitcoin mining as its main business.