Shares of BitMine Immersion Corp. surged as much as 121% on Thursday, briefly touching about $147 after trading near $81 earlier in the session. The explosive move extended the stock’s one-week advance to roughly 2,300%, according to price data cited by market commentators. The sharp swing prompted at least one exchange-imposed volatility halt as buying pressure overwhelmed short sellers. Market participants described the spike as a short squeeze reminiscent of previous retail-driven rallies in thinly traded names such as RGC and HKD. BitMine Immersion, which has a relatively small public float, has not released any material news in recent days. The outsized move highlights the continued vulnerability of heavily shorted micro-cap stocks to rapid, social-media-fueled price dislocations.