Recent discussions on X about BitMine Immersion Technologies (BMNR) have been buzzing with excitement over the company’s bold Ethereum treasury strategy and a massive $1 billion stock buyback program. Many users are highlighting the firm’s rapid accumulation of over 833,000 ETH, positioning it as one of the largest corporate holders of the cryptocurrency. The stock’s dramatic price surge, with some noting gains of over 300% year-to-date, has fueled intense interest among investors tracking the crypto-related play.
However, not all chatter is unanimously positive, as some voices on X raise concerns about the stock’s volatility and the risks tied to a $2 billion ATM offering that led to a sharp price drop earlier this month. Despite these worries, posts often point to strong institutional interest and bullish momentum, especially as Ethereum’s price climbs to new heights. The involvement of prominent investors and political figures purchasing shares has only added to the intrigue surrounding BMNR’s trajectory.
Note: This discussion summary was generated from an AI condensation of post data.
BitMine Immersion Technologies Congressional Stock Trading
Members of Congress have traded $BMNR stock 6 times in the past 6 months. Of those trades, 5 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $BMNR stock by members of Congress over the last 6 months:
- REPRESENTATIVE CLEO FIELDS has traded it 6 times. They made 5 purchases worth up to $145,000 on 07/16 and 1 sale worth up to $100,000 on 07/28.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
BitMine Immersion Technologies Insider Trading Activity
BitMine Immersion Technologies insiders have traded $BMNR stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BMNR stock by insiders over the last 6 months:
- THOMAS JONG LEE has made 3 purchases buying 448,944 shares for an estimated $2,197,998 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
