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

Jaxson Clark

BitMine Immersion Technologies Inc’s recent filing unveils that its Former CEO Bates Jonathan Robert acquired Company’s shares for reported $2.89 million on Dec 19 ’25. In the deal valued at $29.85 per share,96,818 shares were bought.

Then, Bates Jonathan Robert bought 152,044 shares, generating $5,429,000 in total proceeds.

Before that, Seth A Bayles bought 1,500 shares. BitMine Immersion Technologies Inc shares valued at $149,050 were divested by the Officer at a price of $99.37 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 Friday, BitMine Immersion Technologies Inc [AMEX:BMNR] saw its stock jump 10.31% to $31.36. Over the last five days, the stock has lost -10.04%. BitMine Immersion Technologies Inc shares have risen nearly 326.67% since the year began. Nevertheless, the stocks have risen 302.05% over the past one year. While a 52-week high of $161.00 was reached on 07/03/25, a 52-week low of $3.20 was recorded on 05/19/25.

Levels Of Support And Resistance For BMNR Stock

The 24-hour chart illustrates a support level at 30.10, which if violated will result in even more drops to 28.83. On the upside, there is a resistance level at 32.12. A further resistance level may holdings at 32.87.

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 2025-11-28, dropping by -0.97 million shares to a total of 27.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 28.09 million shares. There was a decline of -3.57%, which implies that there is a negative sentiment for the stock.

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