Benzinga · Jul 17, 2026
Tom Lee Says Ethereum's Future Is 'Exponential,' Cites Analyst's $2,200 ETH Target
BitMine Immersion Chair Tom Lee made a case that Ethereum is bottoming and entering the next phase of mainstream adoption

AMEX · BMNR
Financial Services · Financial - Capital Markets
$21.57
Up+$1.25 (+5.80%)
Updated Oct 20, 2026, 11:22 PM
SID Score
4.0/10
Composite research score
Smart Money
62/100
Neutral
Price performance · BMNR
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 19, 2026
BMNR closed at $21.57 after 21 trading sessions, down 23.65% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | $22.05 | $22.15 | $21.3705 | $21.57 | 22.17M |
| Oct 16, 2026 | $22.95 | $23.36 | $21.465 | $21.66 | 37.16M |
| Oct 15, 2026 | $21.18 | $23.59 | $20.55 | $23.36 | 46.65M |
| Oct 14, 2026 | $23.02 | $23.125 | $21.93 | $22.25 | 41.04M |
| Oct 13, 2026 | $23.62 | $24.02 | $23.345 | $23.49 | 23.01M |
| Oct 12, 2026 | $24.21 | $24.43 | $23.625 | $23.83 | 20.92M |
| Oct 9, 2026 | $24.40 | $24.59 | $23.81 | $24.03 | 23.27M |
| Oct 8, 2026 | $24.12 | $24.45 | $23.25 | $24.04 | 34.47M |
| Oct 7, 2026 | $24.95 | $25.19 | $24.28 | $24.66 | 36M |
| Oct 6, 2026 | $26.75 | $27.145 | $25.82 | $26.20 | 30.07M |
| Oct 5, 2026 | $26.80 | $27.29 | $26.335 | $26.79 | 29.13M |
| Oct 2, 2026 | $27.56 | $28.20 | $25.92 | $26.27 | 36.89M |
| Oct 1, 2026 | $26.45 | $27.38 | $26.27 | $26.73 | 29.58M |
| Sep 30, 2026 | $27.325 | $27.95 | $26.22 | $26.43 | 28.62M |
| Sep 29, 2026 | $27.81 | $27.88 | $26.35 | $26.73 | 31.28M |
| Sep 28, 2026 | $27.13 | $27.925 | $26.73 | $26.84 | 27.36M |
| Sep 25, 2026 | $28.28 | $28.39 | $26.92 | $27.56 | 32.17M |
| Sep 24, 2026 | $27.205 | $28.33 | $27.15 | $28.03 | 33.14M |
| Sep 23, 2026 | $28.18 | $28.555 | $27.30 | $27.46 | 36.31M |
| Sep 22, 2026 | $27.98 | $28.86 | $27.72 | $28.76 | 40.67M |
| Sep 21, 2026 | $27.56 | $28.33 | $27.08 | $28.25 | 52.5M |
The latest Smart Investors Daily articles mentioning BMNR.
Company
Market Activity
Research & News
BMNR research
Company profile and research snapshot.
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 22, 2026 | B. Riley Securities | Buy | — |
| Sep 10, 2026 | Cantor Fitzgerald | Overweight | — |
| Sep 3, 2026 | B. Riley Securities | Buy | — |
| Jul 16, 2026 | B. Riley Securities | Buy | — |
| Jul 1, 2026 | Cantor Fitzgerald | Overweight | — |
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Benzinga · Jul 17, 2026
BitMine Immersion Chair Tom Lee made a case that Ethereum is bottoming and entering the next phase of mainstream adoption
Benzinga · Jul 16, 2026
Leading cryptocurrencies fell alongside stocks on Thursday, July 16, as the chip selloff and Iran tensions impacted risk appetite.
Benzinga · Jul 16, 2026
B. Riley Securities analyst Fedor Shabalin maintains BitMine Immersion (NYSE:BMNR) with a Buy and lowers the price target from $33 to $25.
Benzinga · Jul 15, 2026
Leading cryptocurrencies traded sideways on Wednesday, July 15, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran
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The latest Smart Investors Daily articles mentioning BMNR.