Crypto mining service service provider Bitmin Immersion Technologies rallied 12.5% after the bell on Tuesday while billionaire Capital-Capital Peter Thiel increased more than 9% in the company.
Thiel bought 5.09 million shares in Binme through various weapons from its fundraising capital fund fund for a participation of 9.1%, according to a regulatory file on Tuesday.
Thiel is best known for having co-founded the Paypal payment giant and the Defense Software and Defense Society Palant Technologies. Its estimated net value amounts to $ 22.7 billion, which makes him the richest 92nd in the world, according to Forbes.
Earlier this month, Thiel and other technological billionaires filed a file for a banking charter in order to launch a new financial institution called Erebor, which aims to fill the vacuum created by the collapse of the Silicon Valley Bank convivial in 2023.
In June, the Founders’s Founders fund had led a 200 million dollar financing cycle in the Polymarket prediction market platform, an evaluation of $ 1 billion.
Boup-Souci de Thiel, an exchange of digital assets, would have filed confidential documents to make public via a first public offer.
Rallies of Bitmine action
Bitmin’s shares (BMNR) finished the negotiation session on Tuesday down 2.5%, but gathered 12.5% after opening hours to $ 44.97, according to Google Finance.
After the bell, the action at one point was negotiated at $ 48.5, an increase of more than 21% compared to the end of the regular negotiation session.
The action increased by almost 400% after making its debut in the United States on May 8 at $ 8.
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During the quarter completed in May 2025, the company indicated that its net income had increased by 67.5% in annual sliding, while its net profits increased by 43.18% in the same period.
Bitmine’s eth
Bitmin said on Monday that he now has more than half a billion ether (ETH) in his treasure.
On Monday, the company held more than 163,000 ETH in its reserve, which was purchased at an average price of $ 3,072 per token.
The firm had recently raised $ 250 million via a private investment which ended on July 9 to relaunch its Treasury Ether.
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