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 $198,000 were purchased by Lee Thomas Jong on Jul 17 ’25. At $44.00 per share, Lee Thomas Jong acquired 4,500 shares. The insider’s holdings grew to 226,722 shares worth approximately $13.97 million following the completion of this transaction.
Also, Lee Thomas Jong purchased 222,222 shares, netting a total of over 999,999 in proceeds. Following the buying of shares at $4.50 each, the insider now holds 222,222 shares.
Before that, Lee Thomas Jong had added 222,222 shares to its account. In a trade valued at $999,999, the Director bought BitMine Immersion Technologies Inc shares for $4.50 each. Upon closing the transaction, the insider’s holdings increased to 222,222 shares, worth approximately $13.7 million.
Analyzing BMNR Stock Performance
On last trading session, BitMine Immersion Technologies Inc [AMEX: BMNR] plunged -1.30% to $61.63. The stock’s lowest price that day was $60.35, but it reached a high of $71.74 in the same session. During the last five days, there has been a surge of approximately 60.20%. Over the course of the year, BitMine Immersion Technologies Inc shares have jumped approximately 353.16%. 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 57.37, which, if violated, would cause prices to drop to 53.12. In the upper region, resistance lies at 68.81. The next price resistance is at 76.00. RSI (Relative Strength Index) is 64.48 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 2025-07-31 jumping by 3.96 million shares to 3.97 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 11361.0 shares. A jump of 99.71% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.12 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.12.
