BitMine Immersion Technologies Inc’s filing revealed 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.
B. Riley Securities initiated its BitMine Immersion Technologies Inc [BMNR] rating to a Buy in a research note published on October 16, 2025; the price target was $90.
Price Performance Review of BMNR
On Monday, BitMine Immersion Technologies Inc [AMEX:BMNR] saw its stock jump 6.55% to $53.71. Over the last five days, the stock has lost -0.17%. BitMine Immersion Technologies Inc shares have risen nearly 363.10% since the year began. Nevertheless, the stocks have risen 588.59% over the past one year. While a 52-week high of $161.00 was reached on 07/03/25, a 52-week low of $2.76 was recorded on 05/19/25.
Levels Of Support And Resistance For BMNR Stock
The 24-hour chart illustrates a support level at 52.14, which if violated will result in even more drops to 50.57. On the upside, there is a resistance level at 54.91. A further resistance level may holdings at 56.11.
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 2025-10-15, growing by 5.21 million shares to a total of 18.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 13.52 million shares. There was a rise of 27.83%, which implies that there is a positive sentiment for the stock.
