On October 15, 2025, Bitmine Immersion Technologies, Inc. (BMNR) experienced moderately bullish activity, with its shares increasing by 0.4% to around $53.13. On the same day, company chairman Tom Lee reiterated his bullish predictions for the cryptocurrency market, forecasting Bitcoin to reach $250,000 and Ethereum to hit $10,000 in 2025. Lee highlighted the significant institutional interest in BitMine as an ETH-focused public company. Technical analysis from the day suggested that despite a recent crypto-driven pullback, BitMine's stock has maintained its rising trend channel and remained above its 50-day moving average, keeping a bullish case alive with a potential near-term move towards the $65 range.
Bitmine Immersion Sees Modest Stock Gains Amidst Chairman's Bullish Crypto Forecast
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