B. Riley Initiates Coverage on Bitmine Immersion Technologies (BMNR) with a Buy Rating, $90 PT

Group 1 - Bitmine Immersion Technologies Inc. (NYSE:BMNR) is highlighted as a stock with significant upside potential, receiving a Buy rating and a $90 price target from B. Riley analyst Fedor Shabalin [1][2] - The company operates in the blockchain technology sector, focusing on industrial-scale digital asset mining and cryptocurrency holdings, akin to closed-end funds [1][2] - B. Riley suggests that investors optimistic about the cryptocurrency market should consider investing in companies like Bitmine for potential gains [2] Group 2 - Bitmine Immersion Technologies was previously known as Sandy Springs Holdings Inc. and primarily operates in the US [2]