Leverage Shares 2X Long BMNR Daily ETF(BMNG.US)

Last Updated 19:00:00 ET
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Leverage Shares 2X Long BMNR Daily ETF
BMNG.US
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BitMine Immersion Technologies Faces Challenges Amid Ethereum Price Decline

BitMine Immersion Technologies is facing significant unrealized losses due to falling Ethereum prices, adversely affecting BMNR stock. The company holds around 4.2 million ETH, and technical analysis reveals a bearish head-and-shoulders pattern with a critical support level at $25.94. A breach of this level could lead to a potential 30% decline. The strong correlation between BMNR stock and Ethereum, along with bearish momentum indicators, suggests further risks ahead, especially with an impending EMA death cross.

CoinLive·
US
FETH
+0.92%
US
QETH
+1.21%
US
BMNG
+2.63%
CoinLive·
US
FETH
+0.92%
US
QETH
+1.21%
US
BMNG
+2.63%

BitMine Highlights Massive Ethereum Treasury and Staking Expansion

BitMine Immersion Technologies (BMNR) announced significant developments at its January 15, 2026, annual meeting, where shareholders approved key proposals, including a share increase and executive compensation plan. The company reported a total of $14.5 billion in assets, including 4.203 million ETH and $979 million in cash. It has staked 1.84 million ETH and plans to launch its MAVAN staking platform. BMNR is recognized as the largest Ethereum treasury globally, with a current market cap of $14.17 billion and a Buy rating from analysts with a $39.00 price target.

Tip Ranks·
US
ETHV
+0.90%
US
BMNG
+2.63%
US
EZET
+0.91%
Tip Ranks·
US
ETHV
+0.90%
US
BMNG
+2.63%
US
EZET
+0.91%

Sovran Advisors LLC Invests $8.31 Million in BitMine Immersion Technologies, Inc. $BMNR

Sovran Advisors LLC has invested $8.31 million in BitMine Immersion Technologies, acquiring 160,057 shares during Q3. This investment represents about 0.06% ownership in the company. Other investors have also recently purchased shares. Analysts have mixed ratings on BitMine, with a current average rating of "Buy" and a target price of $43.00. The stock has seen significant price fluctuations, with a 52-week low of $3.20 and a high of $161.00. BitMine specializes in immersion cooling solutions for digital asset mining and HPC applications.

Market Beat·
US
BMNG
+2.63%
US
BTCS
+1.17%
US
BMNU
+3.07%
Market Beat·
US
BMNG
+2.63%
US
BTCS
+1.17%
US
BMNU
+3.07%

BitMine's ETH Holdings Hit $14.5B, But BMNR Plunges 7%

BitMine Immersion Technologies Inc. (NYSE:BMNR) reported a 7% drop in stock value despite owning 4.203 million Ethereum, valued at $14.5 billion. The company has aggressively accumulated ETH, aiming for 5% of total supply. Shareholders approved a share increase, signaling support for management's strategy. BitMine also invested $200 million in Beast Industries, targeting the creator economy. Despite positive developments, BMNR's stock broke below key support levels, indicating bearish trends, with immediate support at $28.99 and major support at $24.43.

benzinga_article·
US
QETH
+1.21%
US
ETH
+0.95%
US
EETH
+0.91%
benzinga_article·
US
QETH
+1.21%
US
ETH
+0.95%
US
EETH
+0.91%

Bitmine Immersion Technologies Inc. held shareholder meeting

Bitmine Immersion Technologies Inc. held its annual shareholder meeting on January 15, 2026, where all four proposals, including an increase in authorized shares, were approved by stockholders. The original content was published via EDGAR on January 20, 2026.

Reuters·
US
BMNU
+3.07%
US
BTF
+0.13%
US
BTCS
+1.17%
Reuters·
US
BMNU
+3.07%
US
BTF
+0.13%
US
BTCS
+1.17%
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