Why Bitmine Immersion Technologies (BMNR) Stock Skyrocketed Today

Benzinga12-03 05:30

Bitmine Immersion Technologies Inc (NYSE:BMNR) rallied sharply on Tuesday, closing up 10.26% at $31.91. The surge effectively reversed Monday's losses, driven by a 6.5% recovery in Ethereum (CRYPTO: ...

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The surge effectively reversed Monday's losses, driven by a 6.5% recovery in Ethereum (CRYPTO: ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49173262/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Bitmine Immersion Technologies (BMNR) Stock Skyrocketed Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Bitmine Immersion Technologies (BMNR) Stock Skyrocketed Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-03 05:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/25/12/49173262/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitmine Immersion Technologies Inc (NYSE:BMNR) rallied sharply on Tuesday, closing up 10.26% at $31.91. The surge effectively reversed Monday's losses, driven by a 6.5% recovery in Ethereum (CRYPTO: ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49173262/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/12/49173262/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today","article_id":"2588069911","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/12/02/Eth-Coin-With-Blurred-Candlestick-Chart-.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/trading-ideas/movers/25/12/49173262/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588069911","pubTimestamp":1764711004,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Bitmine Immersion Technologies Inc (NYSE:BMNR) rallied sharply on Tuesday, closing up 10.26% at $31.91.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","FETH":"以太币ETF-Fidelity","BK4601":"加密货币现货ETF","BK4147":"半导体设备","BMNR":"BitMine Immersion Technologies Inc.","CETH":"以太坊ETF-21Shares","EZET":"以太坊ETF-Franklin","QETH":"以太坊ETF-Invesco Galaxy","ETHV":"以太坊ETF-VanEck"},"translate_title":"为什么Bitmine Immersion Technologies(BMNR)股票今天飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMNR":1.5,"CETH":0.9,"FETH":0.9,"QETH":0.9,"ETHV":0.9,"EZET":0.9},"content_text":"Bitmine Immersion Technologies Inc (NYSE:BMNR) rallied sharply on Tuesday, closing up 10.26% at $31.91. The surge effectively reversed Monday's losses, driven by a 6.5% recovery in Ethereum (CRYPTO: ETH), which climbed toward $2,986 ahead of a major network event. Here’s what investors need to know.\nBMNR shares are powering higher on strong volume. Get the complete picture here.\nWhat to Know: BitMine's stock price is closely linked to Ethereum due to its aggressive corporate strategy. As the largest corporate Ethereum treasury globally, the company now holds 3.73 million Ethereum tokens, representing more than 3% of the total circulating supply. This concentration makes BitMine’s stock function less like a traditional equity and more like a leveraged Ethereum proxy.The correlation is direct. With 3.73 million tokens on the books, a $180 intraday rise in Ethereum, as seen Tuesday, theoretically adds over $670 million to BitMine's balance sheet in mere hours. Because BitMine's valuation is derived largely from this $12.1 billion liquidity pool, the stock reacts immediately to spot price changes to reflect the adjusted Net Asset Value.Read Also: Bitcoin, Ethereum, XRP, Dogecoin Rally 10% On Institutional-Driven Interest SurgeInvestor sentiment is further heightened by the Fusaka upgrade, scheduled for activation on Wednesday. Chairman Tom Lee noted the company utilized recent volatility to acquire nearly 97,000 additional tokens, positioning the firm to maximize upside as the network improves scalability and security.Benzinga Edge Rankings: While BitMine’s short- and medium-term price trends are currently flagged as negative, Benzinga Edge analysis marks the stock’s long-term trend as positive, suggesting the underlying momentum remains intact despite recent volatility.How To Buy BMNR StockBesides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in BitMine Immersion’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.Read Also:      • Microsoft CEO Says AI Sector Needs Multiple Winners: ‘Otherwise It’ll Be A Road To Nowhere’Image: ShutterstockLoading...Loading...BMNRBitMine Immersion Technologies Inc$31.85-0.19%Overview$ETHEthereum - United States dollar$2991.646.70%This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. 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