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Here's why Tom Lee's BitMine stock price is at risk of a steep dive
Invezz· 2026-01-30 15:30
Here's why Tom Lee's BitMine stock price is at risk of a steep dive | Invezz false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [English (Singapore)] [English (Nigeria)] [English (Pakistan)] [English (India)] [eština] [Deutsch] [Dansk] [Español] [Français] [Italiano] [] ...
Crypto Sell-off Hits Corporate Treasuries as Strategy and BitMine Stocks Slide Nearly 10%
Yahoo Finance· 2026-01-30 06:07
The crypto market capitalization fell 6% over the past 24 hours as major assets moved sharply lower. The sell-off extended beyond digital tokens, weighing on leading crypto-focused treasury firms such as BitMine and MicroStrategy.While both companies continue to signal strong conviction through ongoing accumulation, the downturn highlights growing pressure on digital asset treasury firms. MicroStrategy Stock Slides to Nearly 16-Month Low BeInCrypto reported that macroeconomic tensions weighed on crypto m ...
Strategy, BitMine Stock Prices Dive as Bitcoin and Ethereum Sink
Yahoo Finance· 2026-01-29 23:19
Ethereum giant BitMine Immersion Technologies and top Bitcoin treasury Strategy and have seen their stocks slide amid a fresh round of investor worry, with both of their respective assets of choice both falling hard Thursday. Upon the close of markets on Thursday, BitMine, which trades under the BMNR ticker on the Nasdaq, had shed nearly 10% and was changing hands for $26.70. BMNR dipped as low as $26.02 on the day, matching its $26.02 close on November 2, 2025. At the start of the week, Tom Lee's BitMin ...
Cantor Fitzgerald Analyst Initiates Coverage on Bitmine Immersion Technologies, Inc. (BMNR)
Yahoo Finance· 2026-01-29 12:20
Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is among the Growth Stock Portfolio: 12 Stock Picks By Cathie Wood.   Cantor Fitzgerald Analyst Initiates Coverage on Bitmine Immersion Technologies, Inc. (BMNR) Brett Knoblauch, an analyst at Cantor Fitzgerald, began covering Bitmine Immersion Technologies, Inc. (NYSE:BMNR) on January 5, 2026, as reported by TheFly. It holds an Overweight rating and a $39 price goal on the stock. The company identified the corporation as one of the biggest fundraisers in ...
BitMine Immersion: Focus On Staking Yield, Not Mr. Beast
Seeking Alpha· 2026-01-27 19:00
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start 2026, consider joining Out Fox The Street .Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential ...
BitMine Makes Largest 2026 Ethereum Purchase, Hits 3.52% Supply
Yahoo Finance· 2026-01-26 20:01
BitMine Immersion Technologies (NYSE AMERICAN: BMNR) acquired 40,302 ETH last week, marking its biggest Ethereum purchase in 2026 as the company accelerates toward owning 5% of total supply. The firm now holds 4,243,338 ETH, valued at $12.05 billion, representing 3.52% of Ethereum’s 120.7 million token supply, according to its January 26 announcement, and it’s confirmed by Coingecko data. BitMine remains the world’s largest corporate Ethereum treasury, a position it has held while executing an aggressiv ...
Tom Lee’s BitMine Corners 3.5% of Ethereum Supply as Treasury Tops With 4.24M ETH Buy
Yahoo Finance· 2026-01-26 16:34
BitMine Immersion Technologies, a New York–listed company chaired by Fundstrat’s Tom Lee, has quietly built one of the largest concentrated positions in Ethereum ever disclosed by a single entity. In an update published on January 26, BitMine said it now holds 4,243,338 ether, giving the company control of roughly 3.52% of Ethereum’s total circulating supply. At the time of disclosure, the position was valued at roughly $12 billion, making BitMine the largest Ethereum treasury in the world and the secon ...
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.243 Million Tokens, and Total Crypto and Total Cash Holdings of $12.8 Billion
Prnewswire· 2026-01-26 13:30
Bitmine staked ETH stands at 2,009,267 and MAVAN staking solution on track to launch Q1 2026 Bitmine now owns 3.52% of the ETH token supply, nearly 70% of the way to the 'Alchemy of 5%' in just 6 months Bitmine recently closed on initial $200 million investment into Beast Industries Bitmine Crypto + Total Cash Holdings + "Moonshots" total $12.8 billion, including 4.243 million ETH tokens, total cash of $682 million, and other crypto holdings Bitmine leads crypto treasury peers by both the velocity of raisin ...
Should You Buy BMNR Stock Following the Beast Industries Deal?
ZACKS· 2026-01-22 15:50
Core Insights - BitMine Immersion Technologies (BMNR) has made a $200 million equity investment in Beast Industries as part of its expansion strategy focused on Ethereum [1][10] - The company has received shareholder approval to increase its authorized share count, providing flexibility for future funding and growth initiatives [2] - BMNR is transitioning from Bitcoin mining to building a significant Ethereum treasury, having raised $250 million in a PIPE private placement last year [4] Company Strategy - BitMine is capitalizing on the growth of stablecoins, which enhance the usability of digital assets and support broader blockchain adoption [3] - The company aims to accumulate 5% of Ethereum's total supply, currently holding 3.48%, which translates to approximately 4.203 million ETH valued at $14.5 billion [5][6] - Recent acquisitions, including 35,268 ETH, further strengthen BMNR's Ethereum position [7] Financial Performance - BMNR declared an annual dividend of $0.01 per share, marking it as the first large-cap crypto firm to do so, reflecting a shareholder-friendly approach [8][10] - Despite the strategic moves, BMNR's shares have declined by 25.7% over the past six months, underperforming compared to peers in the technology services industry [9][10] Market Position - The company's stock performance is closely tied to Ethereum's price, which has been volatile, contributing to BMNR's downward trend [13] - BMNR's shares are currently trading below their 50-day moving average, indicating a bearish market sentiment [14] - Valuation concerns persist, with BMNR receiving a Value Score of F, suggesting overvaluation compared to competitors [17] Future Outlook - The Wall Street consensus target price for BMNR is $48.67, indicating potential upside from current levels [19] - The company’s focus on expanding its Ethereum holdings and recent strategic investments position it for long-term growth, despite significant risks from market volatility and regulatory changes [22]
Bitmine Immersion Technologies (BMNR) maakt bekend dat het 4203 miljoen ETH-tokens in bezit heeft en dat het totale bezit aan cryptovaluta en contanten 14,5 miljard USD bedraagt.
Prnewswire· 2026-01-22 04:02
Aandeelhouders stemmen JA op alle voorstellen, waarbij 81% van de stemgerechtigde aandelen voor voorstel nr. 2 stemmen Bitmines gestakete ETH staat op 1.838.003 en de MAVAN- stakingoplossing zit op schema om in Q1 2026 gelanceerd te worden Bitmine bezit nu 3,48% van het totale aanbod aan ETH-tokens, waarmee het in slechts zes maanden tijd bijna 70% van de weg naar de 'alchemie van 5%' heeft afgelegd. Bitmine heeft onlangs een investering van 200 miljoen dollar in Beast Industries aangekondigd Bitmine Crypto ...