Rep. Cleo Fields Buys Bitmine Immersion (AMEX:BMNR) Stock

Rep. Cleo Fields Buys Bitmine Immersion (AMEX:BMNR) Stock

Representative Cleo Fields disclosed the purchase of $15,001 - $50,000 of Bitmine Immersion Technologies, Inc. (AMEX:BMNR) stock in a filing made on August 07th, 2025. The transaction, dated July 16th, 2025, was reported by Fields, a Democratic member of the U.S. House representing Louisiana's 6th district.

Cleo Fields's Recent Trades

• 2/12/2026: Bought $1,001 - $15,000 of AAPL stock
• 2/3/2026: Bought $1,001 - $15,000 of META stock
• 2/3/2026: Bought $50,001 - $100,000 of AMD stock
• 2/3/2026: Bought $100,001 - $250,000 of GOOGL stock
• 2/3/2026: Bought $15,001 - $50,000 of LRCX stock
• 2/3/2026: Bought $100,001 - $250,000 of MU stock
• 1/20/2026: Bought $100,001 - $250,000 of GOOGL stock
• 1/20/2026: Bought $50,001 - $100,000 of META stock
• 1/20/2026: Bought $50,001 - $100,000 of IREN stock
• 1/20/2026: Bought $50,001 - $100,000 of NFLX stock

BMNR Stock Performance

Shares of BMNR opened at $21.00 on Wednesday, up 7.92%. The 50-day moving average is $25.71 and the 200-day moving average is $37.54. The 52-week low is $3.92 and the 52-week high is $161.00.

Since the transaction date (July 16th, 2025), BMNR shares have fallen -55.89%, opening at $47.88 on the transaction date. The stock fell -17.50% in the first week and -28.15% over two weeks, and 20.74% over one month.

Bitmine Immersion Technologies, Inc. reported a current ratio of 6.48 and a quick ratio of 6.48. Debt-to-equity was 0.00. Market capitalization was $3.66 billion and the price-to-earnings ratio (TTM) was -0.11; beta was 1.466. Return on equity (TTM) was -97.33% and net profit margin (TTM) was -675.45%. Fiscal 2025 revenue was $6.10 million versus $3.31 million in fiscal 2024, a year-over-year increase of 84.09%. Analyst full-year EPS consensus averaged $0.67.

Key Stories Impacting BMNR

• (Neutral) Bitmine replaced CEO Jonathan Bates with Chi Tsang and refreshed the board, disclosing the transition and severance in an 8-K (mid-November 2025).
• (Positive) The company published fiscal 2025 results reporting materially improved results for the year (November 21, 2025).
• (Positive) Bitmine reported multi-billion dollar crypto and cash holdings, described staking revenues, and announced plans for a staking platform (MAVAN) and continued ETH accumulation (filed/announced February 17, 2026).
• (Positive) Bitmine announced a $200 million equity investment in Beast Industries as part of its moonshot portfolio (mid-January 2026).
• (Negative) The company filed soliciting materials ahead of the January 15, 2026 annual meeting seeking a charter amendment to increase authorized shares (January 14-15, 2026).
• (Neutral) The company disclosed the resignation and separation terms for its CFO, including effective dates and severance/transition arrangements (December 2025; effective mid-January 2026).
• (Positive) Coverage noted the stock experienced an outsized rally in 2025, reported at approximately +248% for the year (articles published January 2026).

Analyst Ratings for BMNR

B. Riley Securities reiterated a 'Buy' rating. B. Riley Securities reiterated a 'Buy' rating.

Presently, 2 analysts have rated BMNR with a buy recommendation, 0 have issued a hold, and 0 have given a sell rating. The average rating is 'Strong Buy' with an average price target of $39.00.

Institutional Investors Weigh In On BMNR

CLEAR STREET GROUP INC. holds 17,201,931 shares worth $363.30 million. SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 12,923,700 shares worth $272.95 million. MORGAN STANLEY holds 12,197,071 shares worth $257.60 million. SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 11,511,700 shares worth $243.13 million. MAREX GROUP PLC holds 10,024,103 shares worth $211.71 million. Currently, 598.80% of the stock is owned by institutional investors.

About Cleo Fields

Representative Cleo Fields is a Democratic member of the U.S. House representing Louisiana's 6th congressional district. He has served in the House since 1993 and was born in 1962; he is 64 years old. Fields's official website is listed as https://fields.house.gov/.

About BMNR

Bitmine Immersion Technologies, Inc. is a Financial - Capital Markets company that operates blockchain technology businesses, including hosting third-party mining equipment and self-mining. The company, formerly known as Sandy Springs Holdings Inc., was incorporated in 2019 and is headquartered in Las Vegas, Nevada. Chi Tsang is listed as CEO; the company offers data center and infrastructure management services.