BMNR is trading 3% up now at $40.35, extending a sharp multi-day rebound driven by continued bullish sentiment and volatility in the crypto-linked mining sector.
- The move lacks a single clear news catalyst, as no new company-specific filings or major announcements appeared on the tape for BitMine Immersion Technologies.
- The underlying assets (Bitcoin and Ethereum) were trading roughly flat, suggesting the momentum is company/sector specific.
- The price action follows earlier December weakness, indicating a strong reversal in recent days.