276,412 Shares in BitMine Immersion Technologies, Inc. $BMNR Acquired by Strong Tower Advisory Services

Key Points

• Strong Tower Advisory Services bought 276,412 shares of BitMine Immersion Technologies in Q3 (about $14.35M), representing roughly 0.10% ownership and making BMNR its 11th-largest position.
• BitMine now holds approximately 4.066 million ETH and about $13.2B in crypto + cash (including a recent $300M ether purchase), a treasury-driven narrative that has powered a major rally but also produced steep volatility and mixed analyst views (BMNR up ~612% in six months and flagged by critics like Jim Cramer).

Strong Tower Advisory Services bought a new stake in BitMine Immersion Technologies, Inc. (NYSEAMERICAN:BMNR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 276,412 shares of the company's stock, valued at approximately $14,354,000. BitMine Immersion Technologies accounts for approximately 2.7% of Strong Tower Advisory Services' holdings, making the stock its 11th biggest position. Strong Tower Advisory Services owned about 0.10% of BitMine Immersion Technologies at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of BitMine Immersion Technologies in the third quarter worth about $660,000. Oriental Harbor Investment Master Fund bought a new position in shares of BitMine Immersion Technologies in the third quarter worth $9,652,000. BigSur Wealth Management LLC purchased a new position in shares of BitMine Immersion Technologies in the third quarter valued at $286,000. HBK Sorce Advisory LLC bought a new stake in shares of BitMine Immersion Technologies during the 3rd quarter valued at $176,000. Finally, Sloy Dahl & Holst LLC purchased a new stake in BitMine Immersion Technologies during the 3rd quarter worth about $703,000.

BitMine Immersion Technologies Stock Performance

BMNR stock opened at $29.78 on Wednesday. BitMine Immersion Technologies, Inc. has a 1-year low of $3.20 and a 1-year high of $161.00. The company has a market capitalization of $12.68 billion and a PE ratio of -67.68. The stock has a 50 day moving average of $38.32.

BitMine Immersion Technologies (NYSEAMERICAN:BMNR - Get Free Report) last released its quarterly earnings results on Friday, November 21st. The company reported $15.90 EPS for the quarter. The business had revenue of $1.32 million during the quarter. BitMine Immersion Technologies had a net margin of 5,719.06% and a return on equity of 16.02%.

BitMine Immersion Technologies Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 8th will be given a dividend of $0.01 per share. This represents a yield of 3.0%. The ex-dividend date is Monday, December 8th.

Wall Street Analyst Weigh In

Several research analysts have commented on BMNR shares. B. Riley cut their target price on BitMine Immersion Technologies from $90.00 to $47.00 and set a "buy" rating for the company in a research note on Thursday, November 20th. Zacks Research raised shares of BitMine Immersion Technologies to a "hold" rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $47.00.

Key BitMine Immersion Technologies News

Here are the key news stories impacting BitMine Immersion Technologies this week:

• Positive Sentiment: Company disclosure: BitMine reports 4,066,062 ETH holdings, total crypto + cash + “moonshots” of $13.2B and notes strong institutional support and high trading liquidity — this materially boosts NAV per share and explains investor appetite. Bitmine Immersion (BMNR) Announces ETH Holdings Reach 4.066 Million Tokens, and Total Crypto and Total Cash Holdings of $13.2 Billion
• Positive Sentiment: Large buy: BitMine purchased $300M of ether, pushing its ETH treasury past the 4 million token milestone — a direct catalyst for the stock’s recent rally tied to on‑balance crypto value growth. BitMine buys $300 million in ether, crossing 4 million ETH treasury milestone
• Positive Sentiment: Ongoing accumulation: Reports show a fresh ~$40M ETH purchase (adding ~13k ETH) as BitMine continues to add to its Ethereum treasury, reinforcing the company’s stated 5% ETH target strategy. BitMine Doubles Down on Ethereum With Fresh $40 Mn Buy
• Positive Sentiment: Treasury valuation: Coverage highlights BitMine’s Ethereum treasury swelling to roughly $12B (reported values vary by pricing point), underpinning the company’s crypto NAV narrative that investors are bidding into. BitMine Immersion’s Ethereum Treasury Swells to $12 Billion
• Neutral Sentiment: Analyst/feature pieces note BMNR has surged (~612.7% in six months) and raise the question of whether the rally is sustainable into 2026 — useful context for longer‑term risk/return but not an immediate catalyst. BMNR Stock Up 612.7% in 6 Months: Should You Still Buy It in 2026?
• Negative Sentiment: High‑profile caution: Jim Cramer publicly urged investors to “steer clear,” a headline that can accelerate short‑term selling or deter new entrants amid already elevated valuations and volatility. Jim Cramer on Bitmine Immersion: “Let’s Steer Clear of That”

BitMine Immersion Technologies Profile

BitMine Immersion Technologies, Inc (NYSE American: BMNR) is an engineering and technology company specializing in immersion cooling solutions for digital asset mining and high-performance computing (HPC) applications. The company develops proprietary direct-to-chip systems that submerge servers in non-conductive dielectric fluids to efficiently remove heat, enabling clients to achieve higher processing density and improved energy efficiency.

BitMine offers turnkey services spanning system design, equipment supply, installation and ongoing maintenance.

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