BitMine Immersion Technologies (BMNR 130.77%) stock posted another day of explosive gains in Thursday's trading -- ending the session up 130.8%. The company's share price is up roughly 2,450% over the last week. News that Wall Street strategist Tom Lee is joining Bitmine in a push to make Ethereum's Ether token central to Bitmine's crypto holdings has helped kick off a massive rally for the stock. In conjunction with the company naming Lee as chairman of its board of directors, the company announced that it ...

Thomas (Tom) Lee, the Founder of Fundstrat and CIO of Fundstrat Capital, will become Chairman of the Board of Directors effective today. Proceeds from the private placement enable the Company to adopt Ethereum (ETH) as its primary treasury reserve asset, while continuing its focus on the core business operations. ETH is the native layer of the Ethereum blockchain. A differentiating feature of Ethereum is the enabling of smart contracts and the majority of stablecoin payments, tokenized assets, and decentral ...

LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has completed all purchases of Bitcoin for its treasury from the proceeds of BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, ...

Core Viewpoint - Immersion Corporation (IMMR) is currently not attracting significant attention, but upcoming favorable developments may positively influence the stock price in the near future [1] Company Developments - Several favorable developments are anticipated in the coming months that could enhance the performance of IMMR stock [1]

Sands Hospitality Immersion Program gives students a week-long, behind-the-scenes peek at the Las Vegas hospitality industry to inspire career exploration.LAS VEGAS, May 15, 2025 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) and the Thurgood Marshall College Fund (TMCF) today announced 15 students representing 13 historically Black colleges and universities (HBCUs) have been selected to participate in the third Sands Hospitality Immersion Program June 2-6 in Las Vegas.Sands and TMCF, the only national organiz ...

The latest trading session saw Immersion (IMMR) ending at $7.11, denoting a -1.93% adjustment from its last day's close. This change lagged the S&P 500's 0.77% loss on the day. Elsewhere, the Dow saw a downswing of 0.95%, while the tech-heavy Nasdaq depreciated by 0.87%.The touch-based technology company's stock has climbed by 5.53% in the past month, falling short of the Computer and Technology sector's gain of 16.73% and the S&P 500's gain of 11.54%.Market participants will be closely following the financ ...

The Zacks Computer-Peripheral Equipment industry players like Logitech (LOGI) , Immersion (IMMR) and TransAct Technologies (TACT) are well-poised to benefit from the growing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses and RFID (Radio Frequency Identification) solutions. A continuously improving shipment of personal computers (PCs) bodes well for PC peripheral market prospects. Moreover, the solid demand for 3D-printed health equipment like face shields, nasal ...

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]

Financial Performance - Total revenues for the third quarter of fiscal 2025 were $474.8 million, a significant increase from $9.5 million in the same period of the previous year[3] - GAAP net income attributable to Immersion stockholders was $15.5 million, or $0.47 per diluted share, compared to $2.7 million, or $0.08 per diluted share, in the prior year[3] - Non-GAAP net income attributable to Immersion stockholders was $20.8 million, or $0.63 per diluted share, up from $3.7 million, or $0.11 per diluted share, year-over-year[3] - Net income attributable to Immersion stockholders for the three months ended January 31, 2025, was $15,472,000, compared to $2,680,000 for the same period in 2023, reflecting a growth of 474%[27] - Non-GAAP net income attributable to Immersion stockholders for the three months ended January 31, 2025, was $20,843,000, up from $3,676,000 in the same period last year, indicating a 467% increase[27] - Earnings per diluted share attributable to Immersion stockholders for the three months ended January 31, 2025, was $0.63, compared to $0.11 for the same period in 2023, marking a substantial rise[27] - Operating income for the three months ended January 31, 2025, was $26,206,000, compared to $6,519,000 for the same period in 2023, reflecting a growth of 302%[24] Expenses and Liabilities - GAAP operating expenses increased to $79.6 million from $3.0 million in the same quarter last year[3] - Total operating expenses for the three months ended January 31, 2025, were $79,613,000, compared to $2,963,000 for the same period in 2023, showing a significant increase[29] - Non-GAAP operating expenses for the three months ended January 31, 2025, were $74,242,000, compared to $1,967,000 for the same period in 2023, highlighting a substantial increase[29] - The company reported a provision for income taxes of $17,417,000 for the three months ended January 31, 2025, compared to $1,285,000 for the same period in 2023, indicating a significant rise in tax obligations[24] - Total liabilities rose to $804.250 million as of January 31, 2025, compared to $45.291 million as of April 30, 2024[21] Shareholder Returns and Equity - The company returned over $9 million to shareholders through dividends and buybacks during the quarter[4] - The company plans to pay a quarterly dividend of $0.045 per share on April 25, 2025[7] - Immersion's total stockholders' equity attributable to Immersion Corporation stockholders was $319.166 million as of January 31, 2025, up from $201.230 million in the previous year[21] Asset Growth - Total current assets increased to $925.975 million as of January 31, 2025, compared to $190.608 million as of April 30, 2024[18] Acquisitions - Immersion acquired a 42% stake in Barnes & Noble Education, which was later reduced to 32.3% due to additional stock issuances[2] Other Income - Interest and other income for the three months ended January 31, 2025, was $14,803,000, compared to an expense of $2,554,000 in the same period last year, indicating a positive shift[24] Stock Information - The weighted average common stock outstanding for diluted shares was 33,055,000 for the three months ended January 31, 2025, compared to 32,750,000 for the same period in 2023[27]

Core Insights - Immersion (NASDAQ: IMMR) has transitioned from being primarily a licensor of haptic technology to functioning more as a holding company in recent years [1] Group 1 - The company previously focused on licensing haptic technology but is now more involved in holding investments [1]