---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000789820.md"
description: "$BitMine Immersion Tech(BMNR.US)I am still holding my position in BMNR shares and remain firmly bullish that Ethereum ecosystem and Ethereum price will stage a strong recovery. ❤️‍🩹 The latest 2 key developments are lifting sentiment:✅ Robinhood Chain’s successful Layer‑2 launch has renewed confidence among Ether investors.✅ BMNR has acquired another 20,500 ETH for roughly $35.92 million in a block trade around 10 July 2026. A clear positive signal for Ethereum turnaround. For BMNR valuation, its current price‑to‑book ratio stands at just 0.82, meaning downside risk looks very limited right now with unlimited upside. Do you agree with my thought 🤭?"
datetime: "2026-07-12T12:32:47.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000789820.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000789820.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000789820.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $BitMine Immersion Tech(BMNR.US)I am still holding…


### Related Stocks

- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)
- [ETH.US](https://longbridge.com/en/quote/ETH.US.md)
- [BMNP.US](https://longbridge.com/en/quote/BMNP.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**