Bitmine Immersion Technologies (NYSE:BMNR) Director Lori Love Acquires 474 Shares of Stock

Bitmine Immersion Technologies, Inc. (NYSE:BMNR) Director Lori Love purchased 474 shares of the stock in a transaction on Thursday, April 16th. The stock was acquired at an average cost of $22.05 per share, with a total value of $10,451.70. Following the completion of the purchase, the director directly owned 36,556 shares of the company’s stock, valued at $806,059.80. The trade was a 1.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Lori Love also recently made the following trade(s):

• On Monday, April 20th, Lori Love purchased 227 shares of Bitmine Immersion Technologies stock. The stock was acquired at an average cost of $22.01 per share, with a total value of $4,996.27.

Bitmine Immersion Technologies Stock Performance

Bitmine Immersion Technologies stock opened at $21.81 on Wednesday. Bitmine Immersion Technologies, Inc. has a twelve month low of $3.20 and a twelve month high of $161.00.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Bitmine Immersion Technologies stock. TigerOak Management L.L.C. boosted its holdings in shares of Bitmine Immersion Technologies, Inc. (NYSE:BMNR) by 42.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,795 shares of the company’s stock after purchasing an additional 9,818 shares during the period. TigerOak Management L.L.C.’s holdings in Bitmine Immersion Technologies were worth $649,000 at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Bitmine Immersion Technologies in a research note on Friday. They issued a “sell (d-)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Bitmine Immersion Technologies currently has an average rating of “Sell”.

About Bitmine Immersion Technologies

BitMine Immersion Technologies Inc focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc is based in ATLANTA, GA.