---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000508223.md"
description: "$BitMine Immersion Tech(BMNR.US)I initiated a position in Bitmine Immersion Technologies yesterday as a strategic proxy for Ethereum, not a traditional earnings play.My thesis: the stock eventually re-rates toward NAV, offering a potential double upside from both ETH appreciation and multiple expansion. Let’s hold and ride the green wave☺️."
datetime: "2026-03-06T05:19:18.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000508223.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000508223.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000508223.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $BitMine Immersion Tech(BMNR.US)I initiated a posi…


### Related Stocks

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

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