With Ethereum climbing past $4,000, BitMine Immersion Technologies is expanding its equity sale to $24.5 billion to grow its ETH reserves, tapping into rising institutional interest and a bullish market trend. Ethereum’s [ETH] climb past the $4,000 mark has sparked a fresh wave of interest from both retail traders and institutional players.

BitMine Immersion stock pushes up after increasing its ETH holdings by $2 billion within a week. Here’s why the crypto pivot has worked for BMNR shares and why it will likely continue to work.