Bitmine Immersion has morphed from miner to Ethereum-heavy crypto treasury and services platform, offering staked yield and advisory upside while trading near underlying asset value. BMNR controls over 3.6 million ETH plus Bitcoin, moonshots and $800 million cash, nearly $12 billion in assets, yet trades above its net asset value. I view BMNR's Ethereum stack as material for a staking and services engine, converting volatile NAV into recurring income while valuation prices services at zero.
Bitmine Immersion Technologies ( NYSEAMEX:BMNR ) shares surged more than 11% in midday trading today, outpacing more modest gains by the broader market.
The Zacks Computer-Peripheral Equipment industry participants like LOGI, IMMR, INVE and TACT are likely to benefit from the growing demand for RFID, touchscreen devices and the recovery in PC sales.
BMNR's pivot to an Ethereum treasury model offers leveraged upside, aiming to acquire 5% of all ETH and trade at a premium to NAV. The company's aggressive ETH accumulation strategy, led by Tom Lee, mirrors MSTR's BTC playbook and could unlock staking and DeFi opportunities. Risks include ETH price volatility, share dilution from capital raises, and regulatory uncertainty, making BMNR a high-risk, high-reward investment.
Immersion (IMMR) concluded the recent trading session at $6.9, signifying a +1.32% move from its prior day's close.
The Zacks Computer-Peripheral Equipment industry participants like LPL, IMMR and TACT are likely to benefit from the growing demand for professional gaming accessories, touchscreen devices, smart glasses and the recovery in PC sales.
Immersion Corporation's shares have been rangebound as of late, mainly due to a lack of exciting news regarding this holding company. At current prices, IMMR trades at a more than 20% discount to the value of its cash and securities portfolio. However, potential upside could be greater, given the company's solid set of near and long-term catalysts.
Immersion (IMMR) closed the most recent trading day at $7.11, moving -1.93% from the previous trading session.
In the most recent trading session, Immersion (IMMR) closed at $7.23, indicating a -0.55% shift from the previous trading day.
Immersion (IMMR) closed at $6.93 in the latest trading session, marking a -0.29% move from the prior day.
The Zacks Computer-Peripheral Equipment industry participants like LOGI, IMMR and TACT are likely to benefit from the growing demand for professional gaming accessories, touchscreen devices, smart glasses and recovery in PC sales.
Immersion Corporation's Q3/FY25 results were boosted by the consolidation of Barnes & Noble Education and substantial gains from investments in marketable securities. However, core licensing revenues of $8.4 million were down by more than 40% from an already muted second quarter numbers and are not likely to recover meaningfully anytime soon. While the company trades at a negative enterprise value, market participants are not likely to re-rate the core business without new high- profile licensing agreements.