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BitMine Immersion Technologies ( (BMNR) ) has shared an update.
On August 4, 2025, BitMine Immersion Technologies announced that its Ethereum (ETH) holdings have surpassed 833,000 tokens, valued at over $2.9 billion, making it the largest ETH treasury globally. This achievement places BitMine as the third-largest crypto treasury worldwide, following Microstrategy and Mara Blockchain. Iconic investor Bill Miller III has taken a significant stake in the company, joining other institutional investors to support BitMine’s goal of acquiring 5% of ETH. BitMine’s stock has become one of the most liquid in the US, trading an average daily volume of $1.6 billion, ranking it 42nd among US-listed stocks.
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 is a company focused on the Bitcoin and Ethereum networks, specializing in the accumulation of cryptocurrency for long-term investment. The company engages in Bitcoin mining, synthetic Bitcoin mining, and offers advisory services related to Bitcoin revenue generation. BitMine operates in low-cost energy regions such as Trinidad and Texas.
Average Trading Volume: 13,248,494
Technical Sentiment Signal: Buy
Current Market Cap: $3.56B
Learn more about BMNR stock on TipRanks’ Stock Analysis page.