Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is among the Growth Stock Portfolio: 12 Stock Picks By Cathie Wood.
Brett Knoblauch, an analyst at Cantor Fitzgerald, began covering Bitmine Immersion Technologies, Inc. (NYSE:BMNR) on January 5, 2026, as reported by TheFly. It holds an Overweight rating and a $39 price goal on the stock. The company identified the corporation as one of the biggest fundraisers in the industry and stated that size is a major benefit in digital asset treasuries. Cantor pointed out solid stock liquidity, an ETH accumulation flywheel, and a favorable risk-reward profile to back up the initial offering.
Bitmine Immersion Technologies, Inc. (NYSE:BMNR) reported having $14.5 billion in cryptocurrency, cash, and “moonshots” on January 20, 2026. As of January 19, assets included 193 Bitcoin, $22 million in Eightco assets, $979 million in cash, and 4,203,036 ETH at $3,211 each, or 3.48% of the 120.7 million ETH supply. The total amount of ETH staked increased by 581,920 in just one week to 1,838,003, worth $5.9 billion. On January 15, the corporation made a $200 million investment in Beast Industries, pending closure. Each of the four shareholder proposals was accepted. After formal voting, the approvals took place at the stockholder meeting on January 15.
Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is a Bitcoin and Ethereum network company that focuses on acquiring cryptocurrency for long-term investment.
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Disclosure: None. This article is originally published at Insider Monkey.
