Immersion Corporation·Technology

Bitmine Immersion Technologies is rated a strong buy, trading below mNAV despite differentiated income-generating infrastructure and institutional-grade Ethereum exposure. BMNR's hybrid model combines large-scale ETH holdings, staking, and validator services, with MAVAN projected to generate $300 million annually in staking rewards. BMNR's scale, liquidity, and NYSE main board move position it as a top institutional vehicle for Ethereum exposure amid rising regulatory clarity and institutional adoption.

Expand NYSEMKT: BMNR Bitmine Immersion Technologies Today's Change (8.09%) $1.48 Current Price $19.78 Key Data Points Market Cap $8.3B Day's Range $18.36 - $19.98 52wk Range $3.20 - $161.00 Volume 70M Avg Vol 45M Gross Margin 93.80% Dividend Yield 0.05% Bitmine Immersion Technologies (BMNR +8.09%), a digital asset mining and Ethereum (ETH +2.74%) treasury company, closed Tuesday at $19.78, rising 8.09%. The stock moved higher following last week's staking platform launch and today's wider market rally.

The update matters because it strengthens Bitmine's identity as a large-scale Ethereum treasury play at a time when ETH itself was moving higher. The company said its ETH position now represents 3.92% of total Ethereum supply, bringing it more than 78% of the way toward its stated "Alchemy of 5%" goal.

AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a leading provider of technologies for haptics, today announced that, on March 24, 2026, the Company received an additional delinquency notice (the “Staff Determination Letter”) from the Nasdaq Listing Qualifications Staff based on the Company's failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026 indicating that such failure to file.

Cipher Mining (NASDAQ:CIFR) is down 9% in Thursday trading, and Bitmine Immersion Technologies (NYSE:BMNR) is falling roughly 6% alongside it.

Bitmine Immersion Technologies ( NYSE:BMNR ) has made headlines with its audacious bet on Ethereum ( CRYPTO:ETH ).
Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.
Technology
Software - Application
14
1999-11-12
0.92