BMNR
BitMine Immersion Technologies, Inc. · Financials · Capital Markets
At close
$17.81
−$0.16 (−0.87%) Close
Pre-market $17.86 +$0.05 (+0.25%) 5:53 PM ET
Prev close $17.97
Open $17.77
Day high $17.97
Day low $17.57
Volume 1,677,928
Avg vol 34,752,412
Mkt cap
$10.24B
Sector
Financials
AI report sections
BMNR
BitMine Immersion Technologies, Inc.
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+55% (Above avg)
Vol/Avg: 1.55×
RSI
40.35 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
+0.02 (Strong)
MACD: 0.06 Signal: 0.04
Short-Term
-0.16 (Weak)
MACD: -0.70 Signal: -0.54
Long-Term
-0.27 (Weak)
MACD: -0.46 Signal: -0.19
Intraday trend score 28.00

Latest news

BMNR 12 articles Positive: 9 Neutral: 0 Negative: 3
Positive The Motley Fool • Dominic Basulto
Skip XRP and Buy This Top Cryptocurrency Instead

A Motley Fool analyst recommends buying Ethereum over XRP, citing two major catalysts: the imminent passage of the Digital Asset Market Clarity Act, which will particularly benefit Ethereum's dominance in stablecoins and DeFi, and increased buying from Ethereum treasury companies like Bitmine Immersion Technologies. The analyst argues that historically, Ethereum tends to lead altcoins like XRP during crypto bull market cycles.

BMNR Ethereum XRP cryptocurrency Digital Asset Market Clarity Act stablecoins DeFi crypto bull market
Sentiment note

Highlighted as the largest Ethereum treasury company with $10.5 billion in crypto holdings (4.5% of all Ethereum in circulation). Positioned as a key driver of Ethereum price appreciation through continued purchases.

Positive GlobeNewswire Inc. • Unknown
New Crypto Pepeto Presale Nears $10 Million While Ethereum Price Prediction Charts a $4,900 Target as Bitmine Loads 5.18 Million ETH

Pepeto, an Ethereum-based cryptocurrency project, has raised $9.92 million in its presale with backing from a former Binance developer. Ethereum price predictions target $4,900 based on technical analysis, supported by Bitmine's accumulation of 5.18 million ETH. Pepeto offers a decentralized exchange with zero-fee trading and cross-chain bridging capabilities.

BMNR Pepeto presale Ethereum price prediction cryptocurrency decentralized exchange Bitmine ETH holdings crypto spring tier 1 exchange listings
Sentiment note

Aggressive ETH accumulation strategy (101,745 ETH in one week); approaching 5% ETH supply target; chairman's bullish commentary on 'crypto spring'; planned shift to staking and buybacks demonstrates long-term confidence

Positive GlobeNewswire Inc. • Unknown
Crypto News: Pepeto Announces DeFi Exchange Successful Tests Amid Ethereum Price Prediction Points to $6,000 Within a Year

Pepeto has completed testing of its DeFi exchange and is progressing toward Binance listing with over $9.5 million raised in presale. Ethereum is predicted to reach $6,000 within twelve months as institutional staking locks supply and ETF inflows grow, with nearly 39 million ETH (one-third of supply) currently in staking contracts.

STCK BMNR ETHV DeFi exchange Ethereum price prediction Pepeto presale Binance listing cryptocurrency
Sentiment note

Bitmine similarly locked approximately $250 million in ETH staking, indicating institutional-grade confidence in Ethereum's long-term value and contributing to positive market dynamics.

Positive GlobeNewswire Inc. • Not Specified
Crypto News: ETH Based Pepeto Stages Update While the Ethereum Price Prediction Aims For Five Figures

Pepeto, an Ethereum-based cryptocurrency, completed its presale raising $9.02 million, the fastest raise of any new project this cycle. The project features zero-fee swaps and cross-chain bridges. Ethereum price predictions target $7,000-$15,000, with analysts suggesting Pepeto could deliver 50x returns post-launch based on historical meme coin performance.

BMNR ETHV Pepeto presale Ethereum price prediction cryptocurrency meme coin DeFi PepetoSwap
Sentiment note

Bitmine is presented as the largest corporate ETH holder with 4.875 million tokens worth $10.7 billion, representing over 4% of total supply. The company's significant staking activity through MAVAN platform demonstrates institutional confidence in Ethereum's future.

Positive The Motley Fool • Emma Newbery
Stock Market Today, March 31: Bitmine Immersion Technologies Jumps on Crypto Recovery Hopes

Bitmine Immersion Technologies surged 8.06% on March 31, 2026, following its recent Ethereum staking platform launch and broader cryptocurrency market gains. The stock has declined 27% year-to-date despite today's gains, with performance heavily tied to Ethereum prices. B. Riley maintained a 'buy' rating with a $33 price target, citing the staking platform as a key growth driver. Bitmine now holds nearly 4% of all Ethereum in circulation.

BMNR MARA RIOT cryptocurrency Ethereum staking digital asset mining crypto recovery blockchain technology
Sentiment note

Stock gained 8.06% today on the back of institutional Ethereum staking platform launch and broader crypto market strength. Analyst upgrade to $33 target with 'buy' rating supports positive momentum, though year-to-date performance remains down 27%.

Positive Benzinga • Prnewswire
Digital Asset Treasury Strategy Positions Companies for Long-Term Shareholder Value

Companies are increasingly adopting digital asset treasury strategies, allocating portions of their balance sheets to Bitcoin and blockchain-based instruments to hedge inflation risk and protect capital. Several firms including Greenlane Holdings, Cipher Mining, Bitmine Immersion, Coinbase, and Hut 8 Corp are making strategic moves in this space, from validator deployments to new product launches and infrastructure investments.

GNLN CIFR BMNR COIN digital asset treasury Bitcoin blockchain balance sheet allocation
Sentiment note

Announced $200 million equity investment into Beast Industries and positions itself as leading Ethereum treasury company, demonstrating significant capital deployment and strategic expansion beyond core operations.

Positive Benzinga • Vishaal Sanjay
Cathie Wood's Ark Unleashes Cryptic ARKmoji Teasers To Showcase Its 'Big Ideas' For 2026: Can You Take A Guess At The Hidden Meaning?

Ark Invest unveiled its 'big ideas' for 2026 through cryptic ARKmoji images, challenging users to interpret six investment themes: AI Agents, Genomics, Space Race (reusable rockets), Cryptocurrencies/Tokenization, Robotics, and The Great Acceleration. The firm highlighted portfolio holdings aligned with each theme, spanning multiple sectors from biotech to defense and space technology.

PLTR TEM SHOP CRSP ARKmoji Cathie Wood Ark Invest AI Agents
Sentiment note

Featured as a cryptocurrency-related holding aligned with Ark's tokenization theme.

Positive Benzinga • Anthony Noto
Deal Dispatch: From $14B Medtech Buys To Vodka Bankruptcies, This Week's M&A Roundup

This week's M&A activity spans major acquisitions and bankruptcies. Boston Scientific agreed to acquire Penumbra for $14.6 billion, expanding its neurovascular presence. Devon Energy and Coterra Energy are in merger discussions to create a major shale producer. Paramount Skydance's lawsuit against Warner Bros. Discovery was rejected by a Delaware judge. BitMine Immersion invested $200 million in MrBeast's Beast Industries. Meanwhile, spirits producers Stoli Group USA and Kentucky Owl converted their Chapter 11 bankruptcies to Chapter 7 liquidation, and Sailormen Inc., a Popeyes franchisee, filed for bankruptcy.

BSX PEN DVN CTRA M&A acquisitions bankruptcy medtech
Sentiment note

Announced a $200 million equity investment in MrBeast's Beast Industries, betting on the YouTuber's 330 million subscribers and potential as an entertainment brand. This positions BitMine to integrate crypto into financial services with a major content creator.

Positive The Motley Fool • Anthony Di Pizio
This Popular Cryptocurrency Could Soar by 177% in 2026, According to Wall Street Analyst Tom Lee

Wall Street analyst Tom Lee predicts Ethereum's native cryptocurrency Ether could surge to $9,000 per coin in early 2026, representing a 177% gain from current levels. Lee, who chairs BitMine Immersion Technologies which owns $13.4 billion worth of Ethereum, believes decentralized applications will transform finance and other industries. However, the article's author expresses caution about the timing and feasibility of this target, noting Ether has already lost 32% from its 2025 peak and questioning whether it can nearly triple in value within months.

BMNR Ethereum Ether cryptocurrency decentralized applications blockchain stablecoins Tom Lee
Sentiment note

The company benefits from the bullish Ethereum outlook as it owns approximately $13.4 billion worth of Ethereum coins. However, the positive sentiment is tempered by the disclosure that its chairman (Tom Lee) has a vested interest in promoting bullish targets, which raises credibility concerns.

Negative Benzinga • Nabaparna Bhattacharya
Nike, Insmed, And Arm Are Among Top 10 Large Cap Losers Last Week (Dec. 15-Dec. 19): Are the Others in Your Portfolio?

Ten large-cap stocks experienced significant declines last week. Nike fell 12.81% due to a 17% decline in Greater China sales and analyst downgrades. ARM Holdings dropped 9.77% following Goldman Sachs and Bank of America downgrades. Other major losers included Lennar (9.94% decline after earnings miss), Marathon Petroleum (9.42%), Phillips 66 (8.84%), Coupang (8.52%), BitMine Immersion (9.15%), Insmed (11.37%), Entegris (5.90%), and ServiceNow (0.78%).

NKE ARM INSM LEN large-cap losers stock declines analyst downgrades earnings miss
Sentiment note

9.15% weekly decline as crypto-related companies traded lower amid Bitcoin price volatility

Negative The Motley Fool • Eric Volkman
Why Bitmine Immersion Technologies Stock Flipped Into the red This Week

Bitmine Immersion Technologies stock declined 11% week-to-date as cryptocurrency sentiment weakened. The company, which holds 3.2% of Ethereum's total supply as its primary asset, was unable to buck the broader crypto downturn. Federal Reserve signals of fewer rate cuts in 2026 have dampened investor enthusiasm for cryptocurrencies, with no near-term catalysts expected for Ethereum.

BMNR cryptocurrency Ethereum Federal Reserve crypto treasury institutional holdings market sentiment
Sentiment note

Stock declined 11% week-to-date due to broader cryptocurrency weakness. As a crypto treasury company heavily dependent on Ethereum holdings, it is vulnerable to crypto market downturns. The analyst explicitly states they would not feel compelled to buy the stock given lack of near-term catalysts for Ethereum.

Negative The Motley Fool • Dan Caplinger
Biggest Stock Movers Today, Dec. 1: BHC, SMR, & More

Stock markets experienced a mixed day with major indexes declining, while individual stocks showed significant movements. Healthcare and technology stocks saw notable performance changes, with some companies experiencing substantial gains or losses.

BHC ASH SMR BMNR stock market market movers healthcare stocks cryptocurrency
Sentiment note

Stock fell 12.29% following a significant drop in Ethereum's value and concerns about cryptocurrency treasury strategies

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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