Is BMNR Worth Buying in 2026?

BitMine Immersion Technologies, Inc.

STOCK FINANCE SERVICES Updated 2026-07-26

Here’s whether BitMine Immersion Technologies, Inc. (BMNR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: RSI 51 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-6.70% over 10 days); weak 1-year return of -62.2%; 3-month momentum negative (-28.7%). Currently 78.0% off its 52-week high. Score: -5/7.

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BMNR is trading below its 200-day MA ($26.33) — a key warning sign the longer-term trend is under pressure. An RSI of 51.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -62.2% compares to +16.5% for SPY (trailed the market by 78.7%). The current 78.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $3,782 today
vs. S&P 500 (SPY) — same period trailed market by 78.7%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($26.33)
Above 50-day MA ($16.66)
RSI(14) neutral zone (30–70) — currently 51.4
Positive return (-62.2%)
!Within 10% of period high (−78.0%)
Period Range $15.79
$12.80 $71.74
RSI (14) 51.4
0 · OversoldOverbought · 100

Key Metrics

Price$15.79
Period Return-62.2%
Period High$71.74
Period Low$12.80
Drawdown−78.0%
MA-50$16.66
MA-200$26.33
RSI (14)51.4
Avg Volume (30d)37.9M
vs. SPYtrailed by 78.7%
Return Rank#900 of 999

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