Why Bitmine Immersion Technologies Stock Was Crushing it This Week
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By Eric Volkman – Dec 12, 2025 at 11:57AMKey PointsEthereum bulls cheered the crypto holder's latest update.It loaded up assertively on the high-profile cryptocurrency.These 10 Stocks Could Mint the Next Wave of Millionaires ›NYSEMKT: BMNRBitmine Immersion TechnologiesMarket Cap$15BToday's Changeangle-down(-6.28%) $2.41Current Price$35.97Price as of December 12, 2025 at 12:42 PM ETIt's been a prosperous few days for the company's favorite asset.An operational update, combined with the Federal Reserve's (Fed) quarter-point rate cut, was helping drive Bitmine Immersion Technologies's (BMNR 6.28%) stock higher over the past few trading days. According to data compiled by S&P Global Market Intelligence, the shares were climbing 5% higher week-to-date in mid-session trading on Friday. A beneficial cut The Fed's rate slice, announced following the wrap-up of its Federal Open Market Committee's December meeting, was largely anticipated by market players. Nevertheless, as lower rates generally support cryptocurrency prices, that also applies to crypto "treasury" companies like Bitmine. Image source: Getty Images. Rewinding the clock slightly, on Monday Bitmine published its latest weekly operational update. This revealed that management remains very bullish on the future of Ethereum, its preferred digital currency. The company's Ethereum holdings comprised 3,864,951 units of the cryptocurrency, following its acquisition of 138,452 over the preceding week. In the update, Bitmine wrote that its continued belief in Ethereum stemmed, among other factors, from the Fusaka upgrade earlier this month. This was a significant adjustment to the Ethereum network, which, in the company's opinion, "delivers an array of improvements in scalability, enhanced security, and usability." Bitmine also revealed that it added one Bitcoin to its collection of the No. 1 crypto, for a new total of 193. Meanwhile, its stake in fellow crypto company Eightco Holdings stood at $36 million, and its cash holdings totaled $1 billion. Advertisement ExpandNYSEMKT: BMNRBitmine Immersion TechnologiesToday's Change(-6.28%) $-2.41Current Price$35.97Key Data PointsMarket Cap$15BDay's Range$35.46 - $38.8052wk Range$3.20 - $161.00Volume29MAvg Vol47MGross Margin-1988.52%Dividend Yield0.03% Weighty investment Bitmine's updates, at first glance, suggest that the company's portfolio is well-diversified. In fact, its holdings are heavily weighted in favor of Ethereum. Ultimately, Bitmine feels like an appropriate investment for fellow Ethereum believers who want a little hedging alongside that substantial stake. Other investors might be better off passing on the stock.About the AuthorEric Volkman is a contributing Motley Fool finance and stock market analyst. Previously, Eric was an equities analyst at European investment bank Raiffeisen Capital and Investment. He’s also been a freelance finance writer since 1995. He studied at Susquehanna University.TMFVolkmanRead NextDec 1, 2025 •By Eric VolkmanWhy BitMine Immersion Technologies Stock Plummeted on MondayNov 24, 2025 •By Eric VolkmanWhy BitMine Immersion Technologies Stock Surged Nearly 20% Higher TodayNov 21, 2025 •By Brett SchaferWhy Bitmine Immersion Technologies Collapsed 24.4% This WeekNov 20, 2025 •By Eric VolkmanWhy Bitmine Immersion Technologies Stock Tumbled by Nearly 11% TodayOct 23, 2025 •By Lyle Daly1 Reason Why Bitmine Could Be the Hidden Winner From the AI-Crypto CrossoverOct 6, 2025 •By Eric VolkmanWhy Bitmine Immersion Technologies Popped by More Than 11% Today