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NYSE:BMNR 28 November 2025

BNMR Stock Today, 28 November 2025: BitMine Immersion Surges on Fresh $44M Ethereum Buy Despite Huge Yearly Drawdown

BNMR Stock Today, 28 November 2025: BitMine Immersion Surges on Fresh $44M Ethereum Buy Despite Huge Yearly Drawdown

BitMine Immersion Technologies (BMNR) surged about 9–10% on Black Friday after announcing a $44 million purchase of 14,618 ETH, bringing its Ethereum holdings to 3.63 million. The stock traded near $34.70 early afternoon, with volume at 20 million shares. Despite the rebound, BMNR remains down over 80% from its July peak and 30–45% for the month.
28 November 2025
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Stock Market Today

  • Australian Shares Fall as US Rate Hike Expectations Rise
    June 8, 2026, 10:41 PM EDT. Australian shares declined with the S&P/ASX200 dropping 0.52% to 8,580.1 amid stronger-than-expected US jobs data that increased expectations of a Federal Reserve rate hike. The basic materials sector fell nearly 3%, led by significant drops in gold prices and major miners BHP, Rio Tinto, and Fortescue. Financials were down 0.2%, with all big four banks retreating. Conversely, consumer staples and health care sectors gained, reflecting investor caution. Oil prices remain elevated but below recent highs, supporting gains in energy stocks Woodside and Santos. Sentiment weakened as the Westpac-Melbourne Institute index neared April lows due to energy and financial concerns. Media stocks surged on takeover bids, including oOh!media's contest between Bain Capital and others.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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