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Why is $BMNR stock up today?

BitMine Immersion Technologies, Inc. · FINANCE SERVICES

Why is $BMNR up today?

The likely driver

BITMINE IMMERSION TECHNOLOGIES, INC.: Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.93 Million Tokens, and Total Crypto and Total Cash Holdings of $15.7 Billion
SEC EDGAR·8:45 AM ET
  • owns 4.9% of the total ETH coin supply of 122.0 million
  • is 97% of the way to the 'Alchemy of 5%' in just 15 months
  • common stock gain of 99% quarter to date is 4th best of the Russell 1000

The numbers behind the move

Short interest
13.8% of float
Days to cover
1.9d
Float
349.5M · High
Float rotation
0.0x
Dilution
Heavy
Insider buying
2 open-market

BMNR: 13.8% of the float is sold short (1.9 days to cover), active share dilution on file, 2 open-market insider buys.

Price
$24.44
Move today
+1.5%
Volume vs avg
0.0x
Scanner alerts today
5
Flagged in 30 days
649
Market cap
$14.9B
Prev close
$24.08
Avg volume
38.9M

Today’s scanner timeline

  • 9:19 AMUnusual volume (RVOL) alert
  • 8:33 AMBig % mover alert
  • 8:03 AMUnusual volume (RVOL) alert
  • 6:57 AMUnusual volume (RVOL) alert
  • 4:19 AMUnusual volume (RVOL) alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged BMNR today.

Other stocks moving today

Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.