BitMine Immersion Technologies (NYSEAMERICAN:BMNR) Shares Gap Up – Time to Buy?

Posted by Sarita Garza on Dec 5th, 2025

BitMine Immersion Technologies, Inc. (NYSEAMERICAN:BMNR – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $28.94, but opened at $30.67. BitMine Immersion Technologies shares last traded at $31.4770, with a volume of 10,903,859 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BMNR. Zacks Research upgraded BitMine Immersion Technologies to a “hold” rating in a report on Friday, October 17th. B. Riley lowered their price target on BitMine Immersion Technologies from $90.00 to $47.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $47.00.

Read Our Latest Stock Analysis on BitMine Immersion Technologies

BitMine Immersion Technologies Stock Up 7.9%

The stock’s 50 day moving average price is $44.38. The stock has a market capitalization of $13.95 billion and a P/E ratio of -82.54.

BitMine Immersion Technologies (NYSEAMERICAN:BMNR – Get Free Report) last posted its quarterly earnings data on Friday, November 21st. The company reported $15.90 earnings per share for the quarter. The firm had revenue of $1.32 million for the quarter. BitMine Immersion Technologies had a net margin of 5,719.06% and a return on equity of 16.02%.

BitMine Immersion Technologies Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 8th will be issued a dividend of $0.01 per share. This represents a dividend yield of 4.0%. The ex-dividend date is Monday, December 8th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BMNR. IFP Advisors Inc bought a new position in BitMine Immersion Technologies during the third quarter valued at about $1,409,000. Strategic Advocates LLC acquired a new position in shares of BitMine Immersion Technologies during the 3rd quarter valued at about $27,000. JPMorgan Chase & Co. bought a new position in shares of BitMine Immersion Technologies in the 3rd quarter valued at approximately $102,517,000. CIBC Private Wealth Group LLC bought a new position in shares of BitMine Immersion Technologies in the 3rd quarter valued at approximately $62,000. Finally, Centaurus Financial Inc. acquired a new stake in BitMine Immersion Technologies in the 3rd quarter worth approximately $1,168,000.