Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Cantor Fitzgerald analysts initiate coverage on Bitmine Immersion Technologies, Inc. (BMNR)

Cantor Fitzgerald analysts initiate coverage on Bitmine Immersion Technologies, Inc. (BMNR)

币界网币界网2026/01/29 12:39
Show original
Reported by Bijie Network: Cantor Fitzgerald analyst Brett Knoblauch has initiated coverage on Bitmine Immersion Technologies (NYSE:BMNR) with an “Overweight” rating and a target price of $39. Knoblauch pointed out that as a major financing institution in the industry, Bitmine has a scale advantage in digital asset reserves. The company highlighted Bitmine’s strong stock liquidity, Ethereum (ETH) accumulation strategy, and favorable risk-reward ratio. As of January 19, 2026, Bitmine’s reported holdings included 193 bitcoins, 4.2 million Ethereum, and $979 million in cash. The total number of staked Ethereum increased to 1.84 million, valued at $5.9 billion.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Mentor Walsh and legendary trader Druckenmiller closed-door meeting: US interest rates are too low, dovish stance is absurd, AI may have a profit bubble

Druckenmiller, who was a long-term mentor to former U.S. Treasury Secretary Paul Volcker and Federal Reserve Chairman Alan Greenspan, stated that there is "no longer a need" for the Federal Reserve to cut interest rates. He characterized the recent sustained increase in yields as "a slow, fundamentally driven rise." Regarding AI, he commented: "We are likely in a profit bubble, as this AI craze will eventually come to an end," and revealed that he has reduced his AI-related holdings to 20% of what they were six months ago.

华尔街见闻2026/09/10 18:51