Benzinga · Jul 17, 2026
Tom Lee Says Ethereum's Future Is 'Exponential,' Cites Analyst's $2,200 ETH Target
BitMine Immersion Chair Tom Lee made a case that Ethereum is bottoming and entering the next phase of mainstream adoption
NASDAQ · BMNR
Bitmine Immersion Technologies, Inc.
Financial Services · Financial - Capital Markets
$23.60
Down-$0.71 (-3.01%)
Updated Sep 16, 2026, 3:18 PM
SID Score
5.9/10
Composite research score
Smart Money
62/100
Neutral
- Market cap
- 6.65B
- P/E ratio
- 2.66
- Dividend yield
- 0.04%
- 52-week range
- $12.80 – $26.97
- Volume
- 52.53M
- Avg. volume
- 48.86M
Price performance
BMNR price history
1M range · 20 trading sessions · Daily adjusted prices
BMNR closed at $23.60 after 20 trading sessions, up 29.10% for the selected period.
- Last close
- $23.60
- Period change
- +29.10%
- Period low
- $18.28
- Period high
- $26.45
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $24.59 | $24.71 | $22.995 | $23.60 | 52.53M |
| Sep 14, 2026 | $24.605 | $25.97 | $24.50 | $25.76 | 44.38M |
| Sep 11, 2026 | $24.51 | $26.97 | $24.28 | $25.03 | 63.04M |
| Sep 10, 2026 | $23.67 | $24.6801 | $23.36 | $24.20 | 26.36M |
| Sep 9, 2026 | $25.50 | $25.58 | $24.12 | $24.21 | 28.49M |
| Sep 8, 2026 | $24.76 | $25.21 | $24.20 | $24.77 | 29.97M |
| Sep 4, 2026 | $25.335 | $25.49 | $24.525 | $24.97 | 46.7M |
| Sep 3, 2026 | $23.86 | $26.60 | $23.79 | $26.45 | 67.07M |
| Sep 2, 2026 | $23.09 | $23.54 | $22.8105 | $23.06 | 26.94M |
| Sep 1, 2026 | $24.39 | $24.58 | $23.055 | $23.37 | 40.4M |
| Aug 31, 2026 | $23.96 | $25.47 | $23.70 | $25.32 | 41.6M |
| Aug 28, 2026 | $25.10 | $25.68 | $23.75 | $23.80 | 51.6M |
| Aug 27, 2026 | $25.91 | $26.91 | $25.105 | $25.63 | 56.74M |
| Aug 26, 2026 | $24.24 | $25.26 | $24.12 | $24.91 | 36.09M |
| Aug 25, 2026 | $23.80 | $25.7758 | $23.59 | $24.82 | 61.46M |
| Aug 24, 2026 | $23.60 | $24.94 | $23.23 | $24.14 | 66.62M |
| Aug 21, 2026 | $22.25 | $23.34 | $21.8998 | $22.83 | 59.49M |
| Aug 20, 2026 | $21.46 | $21.7993 | $20.62 | $21.57 | 64.92M |
| Aug 19, 2026 | $18.53 | $20.895 | $18.37 | $20.24 | 75.67M |
| Aug 18, 2026 | $18.34 | $18.95 | $18.26 | $18.28 | 20.74M |
Latest BMNR news
The latest Smart Investors Daily articles mentioning BMNR.
Stock researchCompany · Overview
BMNR research
Overview
Company profile and research snapshot.
Company profile
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 10, 2026 | Cantor Fitzgerald | Overweight | — |
| Sep 3, 2026 | B. Riley Securities | Buy | — |
| Jul 16, 2026 | B. Riley Securities | Buy | — |
| Jul 1, 2026 | Cantor Fitzgerald | Overweight | — |
| Feb 23, 2026 | B. Riley Securities | Buy | — |
News briefing
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Benzinga · Jul 16, 2026
Bitcoin, Ethereum, XRP, Dogecoin Slide as 'Fear' Sentiment Prevails: Analyst Says BTC's 'Clear Breakthrough' Above This Level a Trigger for 'Strong Run
Leading cryptocurrencies fell alongside stocks on Thursday, July 16, as the chip selloff and Iran tensions impacted risk appetite.
Benzinga · Jul 16, 2026
B. Riley Securities Maintains Buy on BitMine Immersion, Lowers Price Target to $25
B. Riley Securities analyst Fedor Shabalin maintains BitMine Immersion (NYSE:BMNR) with a Buy and lowers the price target from $33 to $25.
Benzinga · Jul 15, 2026
Bitcoin, XRP, Dogecoin Steady; Ethereum Gains Amid Soft Inflation Reading: Analyst Says Indicators 'Flashing Bottom Signals Everywhere'
Leading cryptocurrencies traded sideways on Wednesday, July 15, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran
AI research layers
Interpretive context generated from the platform’s current data sources.
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