Bitmine Immersion Technologies, Inc. (BMNR) Stock Price & Analysis
Market: AMEX • Sector: Financial Services • Industry: Financial - Capital Markets
Bitmine Immersion Technologies, Inc. (BMNR) Profile & Business Summary
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the company offers data centers, which provides power, racks, proprietary thermodynamic management, redundant connectivity, and security services, as well as software, which provides infrastructure management and custom firmware. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
Key Information
| Ticker | BMNR |
|---|---|
| Exchange | AMEX |
| Official Site | https://bitminetech.io |
Market Trend Overview for BMNR
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-20 (ET)
As of 2026-07-20, BMNR is moving sideways without a clear direction. Over the longer term, the trend remains bullish.
BMNR last closed at 16.63. The price is about 0.7 ATR above its recent average price (15.63), and the market is currently in a sideways market without a clear direction. Price at 16.63 is moving between minor support near 14.32 and minor resistance near 16.94. Direction remains unclear. View Support & Resistance from Options
The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.
Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still positive, but short-term signals are not yet confirming it.
There is no clear key risk boundary right now.
A systematic trend-activation signal was most recently triggered on 2026-07-14, reflecting a technical shift toward positive directional alignment.
[2026-07-08] Price moved quickly and looked strong, but participation was limited.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
Closing activity showed limited conviction and did not suggest strong overnight positioning.
The model sees a bullish edge, with 60.9% upside probability and a still-actionable balance between confirmation and reversal risk.
Up probability is 60.9%, with predictability at 57% and signal agreement at 100%. Reversal risk is 32%, while reward/risk stands at 0.22. That suggests the directional case is supported by broad confirmation and still retains usable quality.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 9.6% above the recent estimated cost basis of 15.18, which keeps the recent cost structure in a clearly stronger position. Price is above the main cost band (15.27 to 16.29), and about 96% of recent positioning is already in profit. That supports trend strength, but it also raises the chance of profit-taking if momentum cools. The next lower support area sits around 14.25 to 16.38, and it still looks fairly solid. The main cost band is fairly wide relative to recent ATR, so this structure may behave less cleanly than a tighter setup. From a trading point of view, this is still a strong structure, but it is also fairly extended. The key is whether momentum stays orderly without slipping back toward the 14.25 to 16.38 support zone.