Investing in BitMine Immersion Technologies Inc (BMNR) Is Getting More Attractive

BitMine Immersion Technologies Inc’s recently made public that its Other / Affiliate Progression Asset Management C acquired Company’s shares for reported $5.51 million on Sep 22 ’25. In the deal valued at $55.10 per share,100,000 shares were bought.

Then, Bates Jonathan Robert bought 50,000 shares, generating $2,755,000 in total proceeds.

Before that, Bates Jonathan Robert bought 250,000 shares. BitMine Immersion Technologies Inc shares valued at $11,895,000 were divested by the CEO at a price of $47.58 per share.

Price Performance Review of BMNR

On Monday, BitMine Immersion Technologies Inc [AMEX:BMNR] saw its stock jump 11.60% to $63.22. Over the last five days, the stock has gained 18.79%. BitMine Immersion Technologies Inc shares have risen nearly 454.56% since the year began. Nevertheless, the stocks have risen 710.51% over the past one year. While a 52-week high of $161.00 was reached on 07/03/25, a 52-week low of $1.93 was recorded on 05/19/25.

Levels Of Support And Resistance For BMNR Stock

The 24-hour chart illustrates a support level at 60.36, which if violated will result in even more drops to 57.50. On the upside, there is a resistance level at 64.65. A further resistance level may holdings at 66.08.

How much short interest is there in BitMine Immersion Technologies Inc?

A steep rise in short interest was recorded in BitMine Immersion Technologies Inc stocks on 2025-09-15, growing by 1.81 million shares to a total of 13.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 11.71 million shares. There was a rise of 13.41%, which implies that there is a positive sentiment for the stock.

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