Cantor Fitzgerald Initiates Bitmine Immersion (BMNR) with $39 PT on Scale of Ethereum Treasury

21 hours ago 3

Maham Fatima

Thu, January 8, 2026 astatine 8:12 AM CST 2 min read

Bitmine Immersion Technologies Inc. (NYSEAMERICAN:BMNR) is 1 of the most buzzing stocks to put successful according to hedge funds. On January 5, Cantor Fitzgerald expert Brett Knoblauch initiated sum of Bitmine Immersion with an Overweight standing and $39 terms target. Knoblauch highlighted the company’s monolithic standard successful integer plus treasuries arsenic a superior competitory borderline and noted that its presumption arsenic a apical superior raiser drives superior banal liquidity and a robust ETH accumulation flywheel. Cantor Fitzgerald views the existent introduction constituent arsenic offering an charismatic risk/reward illustration for investors.

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In FQ4 2025, the institution reported a important nett income of $328.2 million. This show resulted successful a afloat diluted EPS of $13.39. As the world’s largest Ethereum/ETH treasury, the institution remains focused connected semipermanent crypto accumulation and infrastructure development, supported by a high-profile radical of organization investors, including Cathie Wood’s ARK, Founders Fund, Bill Miller III, Pantera, Kraken, and idiosyncratic capitalist Thomas ‘Tom’ Lee.

Cantor Fitzgerald Initiates Bitmine Immersion (BMNR) with $39 PT connected Scale of Ethereum TreasuryStreet

A cardinal pillar of BitMine’s 2026 strategy is the motorboat of the Made-in-America Validator Network/MAVAN. This dedicated staking infrastructure is designed to supply safe, high-yield staking for the company’s ETH assets. Bitmine Immersion Technologies Inc. (NYSEAMERICAN:BMNR) has already initiated a aviator programme with 3 apical staking providers to trial show and work quality. Following these tests, the institution plans to standard MAVAN with world-class infrastructure partners, with afloat staking operations expected to spell unrecorded successful FQ1 2026.

Bitmine Immersion Technologies Inc. (NYSEAMERICAN:BMNR) operates arsenic a blockchain exertion institution chiefly successful the US.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.