Bitmine Immersion Technologies Shares Drop to $21.64
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 27 2026
0mins
Should l Buy BMNR?
Moderately bullish activity in Bitmine Immersion Technologies Inc (BMNR), with shares down 50c near $21.64. Options volume roughly in line with average with 127k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 0.2 points near 82.55,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.13. Put-call skew flattened, suggesting a modestly bullish tone.
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Analyst Views on BMNR
Wall Street analysts forecast BMNR stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 22.910
Low
39.00
Averages
43.00
High
47.00
Current: 22.910
Low
39.00
Averages
43.00
High
47.00
About BMNR
Bitmine Immersion Technologies Inc. is a Bitcoin (BTC) and Ethereum (ETH) network company, focusing on the accumulation of Crypto for long-term investment. The Company’s business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies, and general Bitcoin advisory to public companies. Its business integrates a digital asset treasury anchored in ETH with an operating platform historically focused on BTC mining and hosting. Through its legacy mining-as-a-service business, it provided turnkey infrastructure and management solutions for institutional clients seeking BTC mining exposure without direct operational obligations. The mining-as-a-services include hardware sales and deployment support; operations management, uptime maximization, and pool payout optimization; and financial reporting and compliance support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Bitmine Announces $13.1B Crypto Holdings
- Total Crypto Holdings: Bitmine Immersion Technologies announced a total of $13.1 billion in crypto assets and cash, including 5.18 million ETH valued at $2,336 each, showcasing the company's robust position in the crypto market.
- Ethereum Supply Share: As of May 3, 2026, Bitmine's Ethereum holdings represent 4.29% of the total ETH supply, indicating the company's significant role in the Ethereum ecosystem, which may support future value appreciation.
- Launch of MAVAN Platform: Bitmine recently launched MAVAN (Made in American Validator Network) to provide best-in-class staking infrastructure for institutional investors and ecosystem partners, further enhancing its competitive edge in the crypto market.
- Aggressive Accumulation Strategy: The company has maintained an increased pace of ETH purchases over the past four weeks, acquiring an additional 101,745 ETH last week, demonstrating its proactive positioning as the mini-crypto winter concludes, potentially preparing for future market rebounds.
See More
Eightco Holdings Asset Update and Investment Overview
- Asset Overview: As of May 6, 2026, Eightco Holdings reports total assets of approximately $333 million, including $90 million in indirect shares of OpenAI, $25 million in shares of Beast Industries, 11,068 Ethereum, and 283 million WLD tokens, indicating a robust positioning in digital assets.
- Market Demand Insight: With the growing capabilities of AI agents, the share of non-human activity in core internet domains is expected to rise significantly, and Eightco's investment strategy aims to capitalize on this trend, particularly in digital identity verification and the content creation economy.
- Investment Focus: Eightco's investment in OpenAI represents 27% of its assets, and it holds over 283 million WLD tokens in Worldcoin, establishing its leading position in the digital identity space, which is anticipated to drive future growth.
- Content Creation Economy: Eightco's total investment in Beast Industries amounts to $25 million, representing 8% of its assets, with the company boasting over 500 million consumer followers, positioning Eightco to enhance its market competitiveness as AI-driven content production becomes mainstream.
See More
NYSE BUY SIDE ORDER IMBALANCE REACHES 1,624,854 SHARES
- Market Overview: The NYSE order imbalance indicates a significant discrepancy in buy and sell orders, with a total imbalance of 16,248,540 shares on the buy side.
- Implications for Investors: This order imbalance may suggest potential volatility in stock prices as the market adjusts to the excess demand for shares.
See More
Eightco Holdings Updates Asset Portfolio with Strategic Investments
- Portfolio Overview: As of May 6, 2026, Eightco Holdings reports a total asset portfolio of approximately $333 million, including $90 million in OpenAI shares and $25 million in Beast Industries shares, indicating a robust positioning in digital assets and tech investments.
- Digital Asset Holdings: Eightco owns 283.4 million WLD tokens, representing about 8.53% of the circulating supply, making it the largest institutional holder globally, which not only enhances the company's market position but also lays the groundwork for future revenue growth.
- AI and Verification Focus: With a $90 million investment in OpenAI, Eightco indirectly holds 27% of its assets, reflecting the company's commitment to AI technology, which is expected to drive future innovation and market demand.
- Creator Economy Engagement: Eightco's total investment in Beast Industries reaches $25 million, showcasing the company's strategic positioning in the creator economy, leveraging MrBeast's influence to enhance market competitiveness.
See More
Eightco Holdings Updates Treasury Composition and Strategic Investments
- Treasury Overview: As of May 6, 2026, Eightco's total asset holdings amount to approximately $333 million, including a $90 million indirect investment in OpenAI, $25 million in Beast Industries equity, 11,068 ETH, and 283 million WLD, showcasing the company's robust positioning in digital assets.
- AI and Digital Identity Trends: OpenAI represents 27%, WLD 21%, and Beast Industries 8% of Eightco's portfolio, with the company anticipating that these three mega-trends will shape the next decade of innovation, particularly in AI and digital identity verification markets.
- Growing Market Demand: As AI agent capabilities increase, the share of non-human activity is expected to rise steeply, and Eightco's investment strategy aims to capitalize on this trend, especially given the anticipated $6.35 trillion market opportunity for verified human authentication.
- Strategic Importance of Digital Assets: As the largest publicly disclosed holder of WLD, Eightco is providing investors with indirect exposure to AI, digital identity, and the creator economy through its unique asset mix, further solidifying its position in the rapidly evolving digital financial system.
See More
Eightco Holdings Updates on Digital Asset Portfolio
- Portfolio Overview: As of May 6, 2026, Eightco's asset portfolio totals approximately $333 million, including a $90 million indirect investment in OpenAI, a $25 million investment in Beast Industries, 11,068 Ethereum, and 283 million WLD, showcasing the company's robust positioning in digital assets.
- Increased AI Oversight: The U.S. government is intensifying oversight of cutting-edge AI, signing new agreements with Google DeepMind, Microsoft, and xAI to test powerful models, reflecting the growing capabilities of AI technology and the emphasis on user protection, which may influence operational strategies of related companies.
- Rise of Non-Human Activity: New data indicates that non-human generated activity accounts for 15% to 75% of activity across various internet domains, with 75% of Polymarket trading volume and 53% of web traffic, highlighting the increasing role of AI and bots in the digital economy, which could benefit Eightco's investment strategy.
- Future Growth Opportunities: Eightco is positioned to capitalize on three mega-trends—artificial intelligence, digital identity, and the creator economy—through its investments in OpenAI, Worldcoin, and Beast Industries, which are expected to drive innovation and market growth over the next decade.
See More
Bitmine Announces $13.1B Crypto Holdings
- Total Crypto Holdings: Bitmine Immersion Technologies announced a total of $13.1 billion in crypto assets and cash, including 5.18 million ETH valued at $2,336 each, showcasing the company's robust position in the crypto market.
- Ethereum Supply Share: As of May 3, 2026, Bitmine's Ethereum holdings represent 4.29% of the total ETH supply, indicating the company's significant role in the Ethereum ecosystem, which may support future value appreciation.
- Launch of MAVAN Platform: Bitmine recently launched MAVAN (Made in American Validator Network) to provide best-in-class staking infrastructure for institutional investors and ecosystem partners, further enhancing its competitive edge in the crypto market.
- Aggressive Accumulation Strategy: The company has maintained an increased pace of ETH purchases over the past four weeks, acquiring an additional 101,745 ETH last week, demonstrating its proactive positioning as the mini-crypto winter concludes, potentially preparing for future market rebounds.
See More
Eightco Holdings Asset Update and Investment Overview
- Asset Overview: As of May 6, 2026, Eightco Holdings reports total assets of approximately $333 million, including $90 million in indirect shares of OpenAI, $25 million in shares of Beast Industries, 11,068 Ethereum, and 283 million WLD tokens, indicating a robust positioning in digital assets.
- Market Demand Insight: With the growing capabilities of AI agents, the share of non-human activity in core internet domains is expected to rise significantly, and Eightco's investment strategy aims to capitalize on this trend, particularly in digital identity verification and the content creation economy.
- Investment Focus: Eightco's investment in OpenAI represents 27% of its assets, and it holds over 283 million WLD tokens in Worldcoin, establishing its leading position in the digital identity space, which is anticipated to drive future growth.
- Content Creation Economy: Eightco's total investment in Beast Industries amounts to $25 million, representing 8% of its assets, with the company boasting over 500 million consumer followers, positioning Eightco to enhance its market competitiveness as AI-driven content production becomes mainstream.
See More
NYSE BUY SIDE ORDER IMBALANCE REACHES 1,624,854 SHARES
- Market Overview: The NYSE order imbalance indicates a significant discrepancy in buy and sell orders, with a total imbalance of 16,248,540 shares on the buy side.
- Implications for Investors: This order imbalance may suggest potential volatility in stock prices as the market adjusts to the excess demand for shares.
See More
Eightco Holdings Updates Asset Portfolio with Strategic Investments
- Portfolio Overview: As of May 6, 2026, Eightco Holdings reports a total asset portfolio of approximately $333 million, including $90 million in OpenAI shares and $25 million in Beast Industries shares, indicating a robust positioning in digital assets and tech investments.
- Digital Asset Holdings: Eightco owns 283.4 million WLD tokens, representing about 8.53% of the circulating supply, making it the largest institutional holder globally, which not only enhances the company's market position but also lays the groundwork for future revenue growth.
- AI and Verification Focus: With a $90 million investment in OpenAI, Eightco indirectly holds 27% of its assets, reflecting the company's commitment to AI technology, which is expected to drive future innovation and market demand.
- Creator Economy Engagement: Eightco's total investment in Beast Industries reaches $25 million, showcasing the company's strategic positioning in the creator economy, leveraging MrBeast's influence to enhance market competitiveness.
See More
Eightco Holdings Updates Treasury Composition and Strategic Investments
- Treasury Overview: As of May 6, 2026, Eightco's total asset holdings amount to approximately $333 million, including a $90 million indirect investment in OpenAI, $25 million in Beast Industries equity, 11,068 ETH, and 283 million WLD, showcasing the company's robust positioning in digital assets.
- AI and Digital Identity Trends: OpenAI represents 27%, WLD 21%, and Beast Industries 8% of Eightco's portfolio, with the company anticipating that these three mega-trends will shape the next decade of innovation, particularly in AI and digital identity verification markets.
- Growing Market Demand: As AI agent capabilities increase, the share of non-human activity is expected to rise steeply, and Eightco's investment strategy aims to capitalize on this trend, especially given the anticipated $6.35 trillion market opportunity for verified human authentication.
- Strategic Importance of Digital Assets: As the largest publicly disclosed holder of WLD, Eightco is providing investors with indirect exposure to AI, digital identity, and the creator economy through its unique asset mix, further solidifying its position in the rapidly evolving digital financial system.
See More
Eightco Holdings Updates on Digital Asset Portfolio
- Portfolio Overview: As of May 6, 2026, Eightco's asset portfolio totals approximately $333 million, including a $90 million indirect investment in OpenAI, a $25 million investment in Beast Industries, 11,068 Ethereum, and 283 million WLD, showcasing the company's robust positioning in digital assets.
- Increased AI Oversight: The U.S. government is intensifying oversight of cutting-edge AI, signing new agreements with Google DeepMind, Microsoft, and xAI to test powerful models, reflecting the growing capabilities of AI technology and the emphasis on user protection, which may influence operational strategies of related companies.
- Rise of Non-Human Activity: New data indicates that non-human generated activity accounts for 15% to 75% of activity across various internet domains, with 75% of Polymarket trading volume and 53% of web traffic, highlighting the increasing role of AI and bots in the digital economy, which could benefit Eightco's investment strategy.
- Future Growth Opportunities: Eightco is positioned to capitalize on three mega-trends—artificial intelligence, digital identity, and the creator economy—through its investments in OpenAI, Worldcoin, and Beast Industries, which are expected to drive innovation and market growth over the next decade.
See More
