Call option volume is 25% above average, BitMine shares close up 10% with multiple institutions increasing positions

Odaily News: BitMine, the company with the largest treasury among Ethereum ecosystem players, saw its shares close up 10%. On Wednesday, BitMine call option volume reached 181,684 contracts, approximately 25% higher than the stock's average daily call option volume of about 145,316 contracts. Several options trades in the stock were flagged as unusual that day, and implied volatility also rose. Recently, multiple institutional investors have disclosed increased holdings in BitMine: Marex Group increased its position by 560.1% in the fourth quarter of last year, currently holding approximately 10.02 million shares; Weiss Asset Management increased its position by 363.6% in the first quarter of this year, currently holding approximately 4.32 million shares; Morgan Stanley increased its position by 25.8% in the fourth quarter of last year, currently holding approximately 12.19 million shares.