Bitmine Immersion (BMNR) closed at $21.65 on Oct 16, 2026, down 7.3% on the day. The stock is down 9.4% over the past month, up 38.0% over three months, down 20.3% year to date and down 59.1% over the past year. It trades 60.8% below its 52-week high of $55.17 and 69.1% above its 52-week low of $12.80. The close sits below its 50-day moving average ($23.82) and above its 200-day moving average ($21.45).
NextPick tracks BMNR in its Crypto Financials basket alongside MSTR, COIN, CRCL, GLXY and BLSH. As of Oct 16, 2026, the basket's money-flow score is -52 (outflow), and the basket is down 11.0% over five sessions. Over the past month BMNR ranks 5th of 8 basket members by price change.
Over its last 1 report the stock moved an average of 0.1% on the first trading day after earnings, beating the options-implied move in 0 of 1.
BMNR, which surged 13%, still has a market cap below its Ethereum
5.78 million ETH supports assets worth 11.8 billion, but the market value is only 10.8 billion. How should this discount be interpreted?
Jul 27, 2026
Over the last 1 report, BMNR moved an average of 0.1% on the first trading day after earnings. The move beat the options-implied move in 0 of 1 reports.
Yes — the Oct 16, 2026 close of $21.65 is 0.9% above the 200-day average of $21.45.
BMNR closed 60.8% below its 52-week high of $55.17.
NextPick groups BMNR with MSTR, COIN, CRCL, GLXY and BLSH in its Crypto Financials basket.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
