Bitmine Immersion Technologies (BMNR) reported Q1 2026 earnings, disclosing sales of $2.09 million alongside a substantial net loss of $5,204.1 million. Despite the significant financial losses, shares are currently trading up +4.97%.
- The positive share movement appears driven by the underlying cryptocurrency rally, with Ethereum surpassing $3,300.
- The deadline for shareholders to vote on increasing authorized shares closes today.