BitMine Immersion Technologies shares surged 400% on Monday after announcing the company would be pivoting to launch another ethereum treasury play — this time with a popular Wall Street legend. BitMine announced the company is adding Fundstrat's Tom Lee as Chairman and announced a $250 million private placement to stack ether as part of the company's treasury strategy. The raise included participants across crypto that have participated in other publicly traded treasury plays, including Pantera Capital and Galaxy Digital. "This transaction includes the highest quality investors across TradFi and crypto venture ... (full story)