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Immersion Corporation Receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued ListingFeb 13, 2026 4:01 PM Eastern Standard Time# Immersion Corporation Receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued ListingShare---AVENTURA, Fla.--([BUSINESS WIRE])--Immersion Corporation ("Immersion†, the "Company†, "we†, "us†or "our†) (Nasdaq: IMMR), a leading provider of technologies for haptics, today announced that, on February 10, 2026, the Company received a Staff Det ...

Core Viewpoint - Bitmine Immersion Technologies has transitioned from a Bitcoin mining company to the largest corporate holder of Ethereum, holding 3.5% of all Ethereum in circulation, which presents a potential investment opportunity for crypto investors [2]. Company Overview - Bitmine Immersion Technologies was previously a small Bitcoin mining company that had lost favor with investors until its transformation in July [1]. - The company currently holds 4.24 million ETH, valued at approximately $11.6 billion at current prices [4]. Valuation Analysis - The current market cap of Bitmine is around $10 billion, implying a trading price of $22.42, which is significantly lower than its previous high of $161 [3][8]. - The company's trading multiple is 1.03, indicating that the market is valuing Bitmine almost solely based on its Ethereum holdings, with no value attributed to other aspects of the business [5][6]. Market Context - Despite the high-profile appointment of Wall Street strategist Tom Lee as chairman, the company's strategy has not led to an increase in Ethereum prices, which are currently trading at a 45% discount from their all-time high [8][9]. - The sentiment in the market suggests that investors prefer to buy Ethereum directly rather than investing in a treasury company like Bitmine, as the additional risk does not seem to be compensated [10]. Investment Sentiment - The current trend indicates that Bitmine's stock has not shown significant movement, and there is a possibility that its valuation multiple may converge to 1 or even lower [10]. - The overall sentiment is shifting away from crypto treasury companies, with a suggestion to seek better investment opportunities elsewhere [11].

Company Overview - Bitmine Immersion Technologies (BMNR) has rapidly grown from a relatively small firm to a company with a double-digit billion market cap within a few quarters in 2025 [1] Market Performance - The significant increase in market capitalization indicates strong investor interest and potential growth prospects for BMNR [1]

Company Updates - NetEase Inc. announced the retirement of Yingfeng Ding, executive vice president and head of the Interactive Entertainment Group, impacting its online games division. NetEase shares increased by 0.7% to close at $138.07 on Friday [1]. - Obook Holdings Inc. is expected to report its H1 earnings results after the market closes. The company's shares decreased by 2.1% to close at $6.21 on Friday [1]. - Immersion Corp. received a delinquency compliance alert notice from Nasdaq, leading to a 0.6% decline in its shares, which closed at $6.85 on Friday [1]. - Nvidia Corp. shares rose approximately 1% following a $20 billion strategic deal with AI startup Groq, which analysts believe will enhance Nvidia's competitive position in artificial intelligence. The shares closed at $190.53 on Friday [1]. - Target Corp. shares increased by 3.1% after reports of an activist investor, Toms Capital Investment Management, building a stake in the company, with shares closing at $99.55 on Friday [1].

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Viewpoint - Purcell & Lefkowitz LLP is investigating Bitmine Immersion Technologies, Inc. to determine if its directors breached fiduciary duties related to recent corporate actions [1]. Group 1 - The investigation is being conducted on behalf of the shareholders of Bitmine Immersion Technologies, Inc. [1] - Shareholders interested in their rights and options can obtain additional information through Purcell & Lefkowitz LLP [2]. - Purcell & Lefkowitz LLP specializes in representing shareholders affected by securities fraud and corporate misconduct [3].

Core Insights - The article discusses the author's journey from a political career to value investing, emphasizing the importance of risk management and long-term wealth growth [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to finance after facing challenges in 2019, recognizing the need for financial stability [1] - The transition to value investing was motivated by a desire to make money work effectively and to protect against future setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team, contributing to sales strategy [1] - The experience gained during this period was instrumental in assessing company prospects based on sales strategies [1] Group 3: Investment Advisory Role - Between 2022 and 2023, the author served as an investment advisory representative with Fidelity, focusing on 401K planning [1] - The author excelled in this role, passing Series exams ahead of schedule, but felt constrained by Fidelity's reliance on modern portfolio theory, leading to a decision to leave after a year [1] Group 4: Current Endeavors - In November 2023, the author began writing for Seeking Alpha, sharing investment opportunities and insights with readers [1] - The articles reflect the author's personal investment journey, inviting readers to join in the exploration of potential investment opportunities [1]

Core Insights - The article discusses the author's transition from a potential career in politics to value investing, emphasizing a long-term investment strategy and risk management [1] - The author highlights their experience in sales and investment advisory roles, which contributed to their understanding of public companies and investment opportunities [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to value investing after facing challenges in that field [1] - The decision to focus on value investing was driven by the desire to make money work effectively and to mitigate financial setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team [1] - The experience gained during this period was instrumental in assessing company prospects based on sales strategies [1] - In 2022, the author transitioned to an investment advisory role with Fidelity, focusing on 401K planning, but found the approach misaligned with their value investing philosophy [1] Group 3: Current Endeavors - The author began writing for Seeking Alpha in November 2023 to share investment opportunities discovered through personal research and experience [1] - The articles serve as a platform for the author to communicate investment strategies and insights to readers [1]

Core Viewpoint - BitMine Immersion Technologies experienced a significant share price increase of 19.73% due to a combination of positive market conditions and a favorable business update [1][5]. Company Overview - BitMine is primarily a cryptocurrency treasury company, focusing on holding a substantial position in Ethereum [2]. - The company reported holding nearly 3.63 million Ethereum and 192 Bitcoin, along with a $38 million stake in Eightco Holdings, a major institutional Worldcoin holder [3]. Market Context - The recent surge in cryptocurrency values, including BitMine's stock, is attributed to growing optimism regarding potential interest rate cuts by the Federal Reserve [3]. - The company's Ethereum holdings have increased from approximately 2.83 million at the end of September to the current figure of 3.63 million [4]. Financial Metrics - BitMine's current market capitalization stands at $7 billion, with a share price of $5.13 [5][6]. - The stock has shown a 52-week price range of $3.20 to $161.00, indicating significant volatility [6].