Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BitMine Immersion Technologies Inc shares valued at $5,510,000 were purchased by Progression Asset Management C on Sep 22 ’25. At $55.10 per share, Progression Asset Management C acquired 100,000 shares.
Also, Bates Jonathan Robert purchased 50,000 shares, netting a total of over 2,755,000 in proceeds.
Before that, Bates Jonathan Robert had added 250,000 shares to its account. In a trade valued at $11,895,000, the CEO bought BitMine Immersion Technologies Inc shares for $47.58 each.
Analyzing BMNR Stock Performance
On last trading session, BitMine Immersion Technologies Inc [AMEX: BMNR] rose 7.91% to $56.5. The stock’s lowest price that day was $52.755, but it reached a high of $56.5 in the same session. During the last five days, there has been a surge of approximately 13.98%. Over the course of the year, BitMine Immersion Technologies Inc shares have jumped approximately 379.63%. Shares of the company reached a 52-week high of $161.00 on 07/03/25 and a 52-week low of $3.20 on 05/19/25.
Support And Resistance Levels for BitMine Immersion Technologies Inc (BMNR)
According to the 24-hour chart, there is a support level at 54.00, which, if violated, would cause prices to drop to 51.51. In the upper region, resistance lies at 57.75. The next price resistance is at 59.00. RSI (Relative Strength Index) is 57.81 on the 14-day chart, showing neutral technical sentiment.
Is BitMine Immersion Technologies Inc subject to short interest?
Stocks of BitMine Immersion Technologies Inc saw a sharp rise in short interest on 2025-09-15 jumping by 1.81 million shares to 13.52 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 11.71 million shares. A jump of 13.41% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.28 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.28.
