The BitMine stock price has suffered a harsh reversal in the past few months as demand for crypto treasury companies waned in Wall Street and as Ethereum retreated from its all-time high. Still, funda... ...

Core Viewpoint - BMNR stock has seen a 17% increase recently, driven by the acquisition of Ethereum tokens, a recovery in ETH prices, and positive market sentiment, despite concerns over its inflated valuation [2][3][14] Financial Performance - BitMine Immersion Technologies has reported a revenue growth of 84.1% over the last 12 months, increasing from $3.3 million to $6.1 million, and a quarterly revenue growth of 94.2% [12] - The company has an average revenue growth rate of 248.5% over the past three years, significantly outperforming the S&P 500's 5.5% growth [12] - However, the operating income for the last four quarters was -$363 million, resulting in an operating margin of -5949.7%, indicating unprofitability in core operations [12] Valuation Metrics - BMNR has a price-to-sales (P/S) ratio of 1360.1 and a price-to-earnings (P/E) ratio of 23.8, both of which are considerably higher than the S&P 500's ratios of 3.2 and 23.3, respectively [11] - The company's market capitalization is approximately $13.8 billion, closely aligning with its Ethereum holdings valued at over $13 billion, resulting in a Market Cap-to-Net Asset Value (MNAV) ratio of 1x [14] Investment Considerations - Despite moderate operational performance, the high valuation of BMNR stock poses risks, yet its significant crypto asset holdings may appeal to investors confident in Ethereum's long-term growth [14] - The stock has shown volatility, dropping 88% from its peak in March 2022 to a low in May 2023, but has since recovered to around $36 [16]

Bitmine bought another $435 million worth of Ethereum in the first week of December as the company’s stock price extended a 45% rally from last month’s lows. “Our stepped up buying activity reflects our confidence that Ethereum prices should strengthen in the months ahead given multiple catalysts,” Bitmine Chair Tom Lee said Monday. Fusaka, a major upgrade to the $376 billion network, rolled out on December 3 and “delivers an array of improvements in scalability, enhanced security, and usability,” Lee sa ...

BitMine Immersion Technologies (BMNR: NYSE American) has expanded its Ethereum position to more than 3.86 million ETH, lifting holdings to around $13.2 billion and accelerating its weekly ETH buying pace by 156%. The move comes as BMNR remains one of the most actively traded US stocks and as Ethereum trades near the mid-$3,000 range after a volatile fourth quarter. BitMine’s $13.2B Crypto Treasury Push The company reported that its crypto, cash, and “moonshot” assets now total about $13.2 billion, inclu ...

BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury firm, acquired 138,452 ether (ETH) last week, accelerating its accumulation strategy that lifted its total holdings to 3.86 million tokens, the company reported Monday. At current ETH prices, last week’s acquisition is worth roughly $435 million. That's a 156% increase from four weeks ago when it added about 54,000 ETH, the firm pointed out, and it's also higher than the previous two weeks' haul of 97,000 and 70,000 tokens. ...

吴说获悉，BitMine Immersion Technologies（NYSE: BMNR）公告称，截至 12 月 7 日，公司持有 3,864,951 ETH，其中上周新增购入 138,452 ETH，按本次披露价格 $3,139/ETH 计算，本周增持规模约 4.35 亿美元。 BitMine 当前持有约 3.2% 的 ETH 总供应量，公司称目标推进至 5% 占比。除 ETH 外， BitMine 还持有 193 BTC、10 亿美元现金及 3600 万美元 "moonshot" 股权，总资产规模达 132 亿美元。 来源：市场资讯 （来源：吴说） ...

Key Takeaways BitMine now holds 3.73M ETH tokens and over $12B in crypto and cash assets.BMNR stock soared 380% in six months, beating SYM's 102.9% gain.BitMine declared a $0.01 dividend, becoming the first large-cap crypto firm to do so.Symbotic (SYM) and BitMine Immersion (BMNR) stand out within the Zacks Technology Services industry. Based in Wilmington, MA, Symbotic develops, markets and deploys advanced technology solutions that help streamline and improve supply-chain operations. With these capabiliti ...

We came across a bullish thesis on Bitmine Immersion Technologies, Inc. on Amit’s Substack’s Substack by Amits Deep Dives. In this article, we will summarize the bulls’ thesis on BMNR. Bitmine Immersion Technologies, Inc.'s share was trading at $31.91 as of December 2nd. Ethereum zoltan-tasi-uNXmhzcQjxg-unsplash BitMine Immersion Technologies (BMNR) represents one of the most ambitious plays in digital asset investing since MicroStrategy’s Bitcoin strategy, aiming to accumulate 5% of all Ethereum to unl ...

Veteran investor and cryptocurrency advocate Cathie Wood emphasized on Tuesday that global collaborations between “leaders” accelerate innovation.Wood Facilitates Meeting Between ETH BullsIn an X post, the Ark Invest CEO said she was “glad” to introduce Wall Street strategist Tom Lee to Quantum Solutions CEO Francis B. Zhou in Tokyo.“Innovation thrives when leaders share ideas globally. Glad to help spark the conversation,” Wood said.See Also: Tom Lee Drops His Boldest S&P Call Yet — 7200–7300 Is Likely For ...

We recently published 10 Stocks Stealing the Spotlight Early as Christmas Looms. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the top performers on Tuesday. Bitmine Immersion jumped by 10.26 percent on Tuesday to close at $31.91 apiece as investors loaded portfolios ahead of the looming deadline to receive its upcoming dividends. According to the company, it would give out $0.01 dividend to its common shareholders on record as of Friday, December 5, payable on December 29, 2025. Ad ...