Bitmine Immersion: Extreme Fear, Asymmetric Setup
Source: SeekingAlpha
2026-02-04 10:22:50 ET
Investment Thesis
Bitmine Immersion Technologies, Inc. ( BMNR ) is down 43% lower since my last coverage due to weakness in the broader crypto market. Ethereum ( ETH-USD ) is down, Bitcoin ( BTC-USD ) is down, and the risk-on appetite for crypto has declined in general. However, since BMNR is essentially a leveraged play on ETH, the crypto sell-off has had a bigger impact on the company’s stock....
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Bitmine Immersion: Extreme Fear, Asymmetric Setup
BitMine Immersion Technologies Inc
NASDAQ: BMNR
BMNR Trading
34.38% G/L:
$0.40 Last:
7,532 Volume:
$0.2625 Open:
