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BitMine Immersion Technologies ( (BMNR) ) has issued an announcement.
On August 24, 2025, BitMine Immersion Technologies appointed David E. Sharbutt as a director on its Board, with his acceptance on August 25, 2025. Mr. Sharbutt, a former CEO of Alamosa Holdings and board member of American Tower Corporation, brings extensive experience in wireless communications and infrastructure. His appointment is expected to bolster BitMine’s efforts to expand its digital infrastructure capabilities and strengthen its position as the largest Ethereum treasury globally. BitMine’s crypto and cash holdings exceed $9 billion, including 1.79 million ETH tokens.
The most recent analyst rating on (BMNR) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on BitMine Immersion Technologies stock, see the BMNR Stock Forecast page.
More about BitMine Immersion Technologies
BitMine Immersion Technologies, Inc. is a Bitcoin and Ethereum Network Company focused on the long-term investment in cryptocurrency through Bitcoin mining operations and capital raising transactions. The company offers Bitcoin mining, synthetic Bitcoin mining, hashrate as a financial product, and advisory services. BitMine operates in low-cost energy regions like Trinidad and Texas, and is supported by notable institutional investors.
Average Trading Volume: 32,181,584
Technical Sentiment Signal: Buy
Current Market Cap: $8.67B
See more insights into BMNR stock on TipRanks’ Stock Analysis page.