21,747 Shares in BitMine Immersion Technologies, Inc. $BMNR Acquired by Blue Sky Capital Consultants Group Inc.

Blue Sky Capital Consultants Group Inc. purchased a new position in BitMine Immersion Technologies, Inc. (NYSEAMERICAN:BMNR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 21,747 shares of the company’s stock, valued at approximately $1,129,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Quintet Private Bank Europe S.A. acquired a new position in shares of BitMine Immersion Technologies in the 3rd quarter worth $30,000. HM Payson & Co. acquired a new position in shares of BitMine Immersion Technologies in the 3rd quarter valued at $35,000. Rise Advisors LLC purchased a new position in BitMine Immersion Technologies in the 3rd quarter worth about $55,000. HBK Sorce Advisory LLC acquired a new stake in BitMine Immersion Technologies during the 3rd quarter worth about $176,000. Finally, CWM LLC purchased a new stake in BitMine Immersion Technologies during the third quarter valued at about $199,000.

Key Headlines Impacting BitMine Immersion Technologies

Here are the key news stories impacting BitMine Immersion Technologies this week:

• Positive Sentiment: Company signals a strategic pivot into Ethereum with reporting that its ETH position could be worth roughly $1.6 billion, a move investors interpret as higher crypto exposure and potential upside if ETH continues to rally. Article Title
• Positive Sentiment: Reports that BitMine has staked another ~$259M in ETH and that the stock is moving in step with Ethereum’s rebound are driving short-term buying interest from crypto-focused investors. Article Title
• Neutral Sentiment: Market coverage notes the stock’s intraday gains and lower-than-average volume; this trading context suggests momentum may be event-driven and could reverse if catalyst news fades. Article Title
• Neutral Sentiment: Analysts/commentary expect BMNR to remain volatile this week as ETH’s price action coincides with a shareholder vote on increasing authorized shares — the vote timeline keeps the stock in focus. Article Title
• Negative Sentiment: Management has launched a campaign urging shareholders to vote YES to amend the charter to increase authorized shares — approval would enable substantial dilution, a common investor concern that could cap gains despite ETH exposure. Shareholder voting deadline: Jan. 14, 2026. Article Title
• Negative Sentiment: Independent coverage highlights the formal proposal for a significant share expansion; if approved, increased float could reduce per-share upside and amplify volatility for current holders. Article Title

BitMine Immersion Technologies Stock Up 14.9%

Shares of BMNR opened at $31.19 on Monday. The firm has a 50-day simple moving average of $34.73. The firm has a market cap of $13.28 billion and a P/E ratio of -70.88. BitMine Immersion Technologies, Inc. has a fifty-two week low of $3.20 and a fifty-two week high of $161.00.

BitMine Immersion Technologies (NYSEAMERICAN:BMNR) last posted its quarterly earnings results on Friday, November 21st. The company reported $15.90 EPS for the quarter. The business had revenue of $1.32 million during the quarter. BitMine Immersion Technologies had a net margin of 5,719.06% and a return on equity of 16.02%.

BitMine Immersion Technologies Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 8th were paid a $0.01 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a dividend yield of 3.0%.

Analysts Set New Price Targets

Several brokerages have commented on BMNR. B. Riley decreased their target price on shares of BitMine Immersion Technologies from $90.00 to $47.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Zacks Research raised shares of BitMine Immersion Technologies to a “hold” rating in a research note on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, BitMine Immersion Technologies currently has a consensus rating of “Buy” and a consensus target price of $47.00.

About BitMine Immersion Technologies

BitMine Immersion Technologies, Inc (NYSE American: BMNR) is an engineering and technology company specializing in immersion cooling solutions for digital asset mining and high-performance computing (HPC) applications. The company develops proprietary direct-to-chip systems that submerge servers in non-conductive dielectric fluids to efficiently remove heat, enabling clients to achieve higher processing density and improved energy efficiency.

BitMine offers turnkey services spanning system design, equipment supply, installation and ongoing maintenance.