Is Bitmine (BMNR) Stock a Buy as It Keeps Stacking ETH?
Photo: CoinCentral
TLDR Bitmine Immersion Technologies (BMNR) stock opened at $21.60 on Tuesday. The company bought 12,535 more ETH, lifting its total to 6,041,481 ETH. Ethereum trades near $2,422, down about 5% on the week and below its 20-day average. Bitmine has 5.07 million ETH staked and reports $15.1 billion in total holdings. Analysts rate BMNR a Hold with an average price target of $48.80. Bitmine Immersion Technologies (BMNR) stock opened at $21.60 on Tuesday. Its 50-day average is $24.02 and its 200-day average is $20.32. Bitmine Immersion Technologies, Inc., BMNR The company bought another 12,535 ETH last week.
Source: CoinCentral
