Bitmine Immersion Technologies Inc. (NYSEAMERICAN:BMNR) is one of the most buzzing stocks to invest in according to hedge funds. On January 5, Cantor Fitzgerald analyst Brett Knoblauch initiated coverage of Bitmine Immersion with an Overweight rating and $39 price target. Knoblauch highlighted the company’s massive scale in digital asset treasuries as a primary competitive edge and noted that its status as a top capital raiser drives superior stock liquidity and a robust ETH accumulation flywheel. Cantor F ...

On January 1, Ryan Detrick of Carson Group appeared on CNBC’s ‘Closing Bell Overtime’ to talk about his bullish outlook for 2026. He noted that for five consecutive years, the final trading day of the year closed lower, which was a streak that had never happened before in history. While acknowledging that US valuations appear stretched, Detrick pointed out that similar concerns existed 12 months prior. He defined the current environment as a global bull market and noted that international regions, such as E ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Fundstrat investment chief Tom Lee has reiterated his prediction that Ethereum could hit $250,000 in the near future. "If Bitcoin gets to $1 Million, that will value Ethereum at $250,000," Lee, who also doubles as chair of Ethereum treasury company Bitmine (NYSE:BMNR), said in a Jan. 2 message to shareholders. He was urging them to vote for the expansion of authorized shares from 500 million to 50 billion. ...

Core Insights - The article emphasizes the importance of combining investment consulting with active intraday trading to maximize returns through a deep understanding of economics and investment analysis [1]. Group 1: Investment Strategy - The company aims to identify profitable and undervalued investment opportunities primarily in the U.S. market to create a high-yield, balanced portfolio [1]. - The approach includes a mix of macro-economic analysis and real-world trading experience to inform investment decisions [1]. Group 2: Professional Background - The expertise of the company is built on practical experience in management and trading, supplemented by academic qualifications in Finance and Economics [1].

Bitmine Immersion Technologies (BMNR) announced Bitmine crypto + total cash + “moonshots” holdings totaling $14.2 billion. As of January 4th, the Company’s crypto holdings are comprised of 4,143,502 ETH at $3,196 per ETH (ETH-USD), 192 Bitcoin (BTC-USD), $25 million stake in Eightco Holdings (ORBS) and total cash of $915 million. Bitmine’s ETH holdings are 3.43% of the ETH supply. Claim 70% Off TipRanks Premium Published first on TheFly – the ultimate source for real-time, market-moving breaking financia ...

Core Viewpoint - BitMine Immersion Technologies Inc. (BMNR) focuses on cryptocurrency mining, particularly Ethereum, and has adopted an ETH-centric treasury strategy, aligning its stock price with Ethereum's market performance [1] Group 1: Company Overview - BMNR has a market capitalization of approximately $5.4 billion and a trading volume of 57.99 million shares on the AMEX exchange [5] - The company has shown significant stock volatility, with a 52-week high of $161 and a low of $3.92 [5][6] Group 2: Recent Developments - On January 5, 2026, Cantor Fitzgerald initiated coverage on BMNR with an "Overweight" rating, indicating confidence in the stock's potential [2][6] - Following the coverage announcement, BMNR's stock price increased by 14.84%, reaching $31.73 during overnight trading on Robinhood [3][6] Group 3: Strategic Proposals - A proposal to increase the company's authorized share count from 500 million to 50 billion was announced, aimed at facilitating future capital raising and opportunistic acquisitions [3][4] - The proposal includes the possibility of stock splits to maintain share accessibility for investors, contingent on Ethereum's price reaching $250,000 and Bitcoin hitting $1 million [4]

Core Viewpoint - Bitmine Immersion Technologies (BMNR) is seeking shareholder approval to increase authorized shares from 500 million to 50 billion to support its Ethereum accumulation strategy, with a critical vote scheduled for January 15 [1][3]. Group 1: Strategic Initiatives - The capital raise aims to provide financial flexibility for three strategic initiatives, including conducting capital markets activities, pursuing opportunistic acquisitions, and enabling future stock splits as share prices appreciate [5]. - Bitmine holds 4.1 million ETH valued at approximately $12.1 billion, representing 3.41% of the total ETH supply, reflecting the company's bullish outlook on Ethereum [3][4]. Group 2: Share Price Projections - The company's share price is closely correlated with Ethereum's price movements, with a coefficient of 0.015 times the ETH price, plus the accretion of ETH per share [4]. - Scenarios presented by the Chairman suggest that if Ethereum reaches $22,000, $62,500, or $250,000, Bitmine's share prices could rise to $500, $1,500, or $5,000, respectively, necessitating stock splits ranging from 20-to-1 to 100-to-1 to maintain accessibility for retail investors [4]. Group 3: Market Position - Bitmine has become one of the most actively traded stocks in the U.S., with an average daily dollar volume of $980 million, ranking 47th among all U.S.-listed companies, and has a market capitalization exceeding $13 billion [6]. - The company has transitioned from traditional Bitcoin mining to becoming a leading Ethereum treasury platform, aiming to eventually own 5% of the total Ethereum supply [7].

Core Viewpoint - Bitmine Immersion Technologies (BMNR) is actively accumulating ether (ETH) and has reached over 4.14 million ETH, representing approximately 3.43% of the total supply, with a target of 5% [1] Group 1: Company Holdings - The company's total crypto and cash holdings amount to $14.2 billion, which includes $915 million in cash, 192 BTC, and a $25 million stake in Eightco Holdings (ORBS) [1] - Bitmine added nearly 33,000 ETH to its treasury in the past week, as led by Chairman Tom Lee [2] Group 2: Staking and Future Plans - As of January 4, Bitmine has staked 659,219 ETH, valued at approximately $2.1 billion, and plans to launch its in-house validator, the Made in America Validator Network (MAVAN), in early 2026 [3] - If fully staked at current rates, Bitmine projects over $1 million per day in staking rewards based on the current Composite Ether Staking Rate (CESR) of around 2.82% [3] Group 3: Market Performance - BMNR's shares increased by 4.4% in early trading, coinciding with a rise in the price of ether to $3,171 [4]

Bitmine releases Special Chairman's Message related to upcoming Annual Stockholder Meeting Bitmine staked ETH stands at 659,219 and MAVAN staking solution on track to launch Q1 2026 Bitmine remains the largest 'fresh money' buyer of ETH in the world Bitmine now owns 3.43% of the ETH token supply, two-thirds of the way to the 'Alchemy of 5%' Bitmine Crypto + Total Cash Holdings + "Moonshots" total $14.2 billion, including 4.144 million ETH tokens, total cash of $915 million, and other crypto holdings Bitmine ...

Core Insights - BitMine stock price is expected to gain attention this week due to the ongoing rebound in Ethereum, which aligns with an important vote regarding the increase in authorized shares [1] Group 1 - The BMNR stock ended the previous trading session with notable performance, indicating potential investor interest [1]