币界网报道:Bitmine shares surged 130% following the company's announcement of a new Ethereum-focused investment strategy. The mining firm revealed plans to allocate significant resources toward Ethereum-based projects, including staking and decentralized finance (DeFi) initiatives. CEO John Smith stated the move aligns with growing institutional interest in Ethereum's ecosystem. Analysts attribute the stock rally to investor optimism around Bitmine's pivot from Bitcoin-centric operations to diversified crypto strategies. The company also hinted at potential partnerships with major DeFi protocols in Q4 2023.