Bitmine Immersion Technologies Inc

BMNR remains in Stage 4 decline with persistent lower highs and lower lows. The medium-term bias is Bearish, supported by Stage 4 conditions and active Post-Parabola Collapse and Lower Highs & Lower Lows patterns. Short-term price is rallying into the declining 9/21 EMA and 50 SMA resistance zone without decisive rejection, so timing is Neutral and execution is deferred via Trim into this resistance area awaiting a clear rejection to re-engage the downtrend.

• ↑5.77M ETH (~4.8% of supply) offers leveraged exposure to any ETH price rally.
• ↑Current staking revenue of $200M could rise to $300M annually at full capacity.
• ↓Q3 revenue of $46.5M versus net loss of $83.6M and trailing 12-month loss of ~$8.8B (EPS -$0.15).