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
$25.32
Down-$1.13 (-4.46%)
Updated Sep 1, 2026, 3:54 PM
SID Score
6.1/10
Composite research score
Smart Money
62/100
Neutral
Price performance
1M range · 21 trading sessions · Daily adjusted prices
BMNR closed at $25.32 after 21 trading sessions, up 45.35% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 31, 2026 | $23.96 | $25.47 | $23.70 | $25.32 | 41.6M |
| Aug 28, 2026 | $25.10 | $25.68 | $23.75 | $23.80 | 51.6M |
| Aug 27, 2026 | $25.91 | $26.91 | $25.105 | $25.63 | 56.74M |
| Aug 26, 2026 | $24.24 | $25.26 | $24.12 | $24.91 | 36.09M |
| Aug 25, 2026 | $23.80 | $25.7758 | $23.59 | $24.82 | 61.46M |
| Aug 24, 2026 | $23.60 | $24.94 | $23.23 | $24.14 | 66.62M |
| Aug 21, 2026 | $22.25 | $23.34 | $21.8998 | $22.83 | 59.49M |
| Aug 20, 2026 | $21.46 | $21.7993 | $20.62 | $21.57 | 64.92M |
| Aug 19, 2026 | $18.53 | $20.895 | $18.37 | $20.24 | 75.67M |
| Aug 18, 2026 | $18.34 | $18.95 | $18.26 | $18.28 | 20.74M |
| Aug 17, 2026 | $18.20 | $19.00 | $18.11 | $18.73 | 30.95M |
| Aug 14, 2026 | $18.00 | $18.225 | $17.40 | $18.08 | 26.29M |
| Aug 13, 2026 | $17.875 | $18.465 | $17.67 | $18.29 | 24.39M |
| Aug 12, 2026 | $18.36 | $18.42 | $17.84 | $17.89 | 21.89M |
| Aug 11, 2026 | $18.275 | $18.465 | $17.635 | $18.09 | 19.61M |
| Aug 10, 2026 | $18.75 | $18.86 | $18.06 | $18.10 | 27.67M |
| Aug 7, 2026 | $18.86 | $19.30 | $18.1301 | $18.82 | 29.94M |
| Aug 6, 2026 | $18.02 | $18.71 | $17.83 | $18.30 | 25M |
| Aug 5, 2026 | $18.10 | $18.60 | $17.58 | $18.43 | 29.28M |
| Aug 4, 2026 | $17.48 | $18.19 | $17.31 | $18.10 | 28.71M |
| Aug 3, 2026 | $16.96 | $17.545 | $16.63 | $17.42 | 21.9M |
The latest Smart Investors Daily articles mentioning BMNR.
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 |
|---|---|---|---|
| Jul 16, 2026 | B. Riley Securities | Buy | — |
| Jul 1, 2026 | Cantor Fitzgerald | Overweight | — |
| Feb 23, 2026 | B. Riley Securities | Buy | — |
| Nov 20, 2025 | B. Riley Securities | Buy | — |
| Oct 16, 2025 | B. Riley Securities | Buy | — |
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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.