---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000467803.md"
description: "$BitMine Immersion Tech(BMNR.US)  has been the subject of much discussion lately due to its ever-growing ETH holdings, which many see as an indicator of the crypto cycle. However, the problem is that this type of "balance sheet buying" strategy can lead to a deeper price pullback than ETH itself if market risk appetite declines....."
datetime: "2026-02-12T10:01:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000467803.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000467803.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000467803.md)
author: "[Fantastic](https://longbridge.com/en/profiles/16656387.md)"
generator: "portal-rs"
---

# $BitMine Immersion Tech(BMNR.US)  has been the sub…


### Related Stocks

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

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