Cathie Wood Backed BitMine's 600% Stock Surge — But Kerrisdale Warns 'Premium Is Destined To Sink'
BitMine Immersion Technologies Inc (NASDAQ:BMNR) has been on a meteoric rise this year—up more than 600% since it began trading in June 2025—driven by its pivot from Bitcoin (CRYPTO: BTC) mining to an Ethereum (CR