BitMine Immersion Technologies (NYSEAMERICAN:BMNR) Shares Gap Down – Should You Sell?

11 Dec 2025, 15:20 by Scott Moore · The Cerbat Gem

BitMine Immersion Technologies, Inc. (NYSEAMERICAN:BMNR – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $40.40, but opened at $38.80. BitMine Immersion Technologies shares last traded at $38.6660, with a volume of 12,746,559 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently commented on BMNR shares. B. Riley dropped their price target on BitMine Immersion Technologies from $90.00 to $47.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Zacks Research raised shares of BitMine Immersion Technologies to a “hold” rating in a report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, BitMine Immersion Technologies currently has a consensus rating of “Buy” and an average price target of $47.00.

Read Our Latest Report on BitMine Immersion Technologies

BitMine Immersion Technologies Stock Performance

The stock has a 50 day simple moving average of $42.94. The company has a market cap of $14.82 billion and a price-to-earnings ratio of -87.70.

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

BitMine Immersion Technologies Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ARK Investment Management LLC purchased a new stake in BitMine Immersion Technologies during the third quarter valued at approximately $387,907,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in BitMine Immersion Technologies during the 3rd quarter valued at $196,536,000. Amova Asset Management Americas Inc. bought a new stake in BitMine Immersion Technologies in the third quarter worth $196,503,000. Vanguard Group Inc. bought a new stake in shares of BitMine Immersion Technologies in the 3rd quarter worth about $148,612,000. Finally, Pantera Capital Partners LP purchased a new stake in BitMine Immersion Technologies in the 3rd quarter worth about $122,036,000.

About BitMine Immersion Technologies

(Get Free Report)