
$BitMine Immersion Tech(BMNR.US) Bitmine Immersion was unusually active today — nearly 14% turnover and about $1.66B in trading volume, which is basically half the float for a $1.2B market cap. It’s only been 183 days since IPO, and this ticker is extremely high-beta with money moving in and out fast. There was no official announcement today, but the market is clearly pre-heating the Bitcoin sector, and the follow-the-trend money is piling in. With a move driven almost entirely by sector strength and speculation, whether it can continue tomorrow is still a big question. Definitely a strong signal of aggressive trading — short-term players should be careful. 🧐
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