$BitMine Immersion Tech(BMNR.US)

This is a speculative, momentum‑driven play and definitely not a value investment. No fundamentals.🤣

The current bounce near multi‑month lows may be linked to Bitcoin’s recovery but the company lacks profitability and carries high volatility.

It may be due to Warsh’s statement about inflation expectations.

Summary:

✅ Price: $14.45 (+8.56%)

✅ Market Cap: $7.77B

✅ Near support: Just above 52‑week low $12.80

✅ Valuation: P/B 0.79 (trading below book value)

✅ Liquidity: Good volume ~$244M

⚠️ Risks: Unprofitable (EPS -$16.16), no earnings support, fell sharply from $161 peak

💡 Verdict: Momentum/crypto‑linked trade — high volatility, not a long‑term value hold

Not financial advice. Do your own DD.