BMNR Stock Price Target Surges 25% to $76.50 Amid Strong Institutional Interest

Analysts have dramatically upgraded their near-term outlook for Bitmine Immersion Technologies, with the consensus one-year price target climbing to $76.50 per share. This represents a 25% jump from the previous estimate of $61.20, signaling renewed confidence among Wall Street researchers. The target range now spans from $60.60 to $94.50, suggesting analysts see substantial upside potential—particularly noteworthy given that the current market price sits at $34.40, implying a 122% gap between consensus valuation and recent trading levels.

Analyst Consensus Shifts Bullish

The revised 25% increase in price targets comes as the put/call ratio for BMNR stands at 0.51, a metric reflecting predominantly bullish positioning among options traders. Institutional ownership data reinforces this optimistic narrative. Over the past three months, the number of institutional investors holding BMNR positions has exploded from roughly 13 entities to 360 funds and institutions—a staggering 2,669% expansion. Total shares under institutional control have grown 42,739% to reach 97.74 million shares, underscoring the rapid institutional migration into the stock.

Institutional Positioning Shows Decisive Accumulation

The strategic importance of BMNR within institutional portfolios has nearly doubled, with average fund allocation rising from approximately 0.19% to 0.33% of total holdings. This shift demonstrates that major market participants view the stock with heightened conviction. The 77% increase in average portfolio weighting suggests institutions are treating BMNR as a meaningful position builder going forward.

Major Market Players Increase Stakes

Leading stakeholders have been particularly active. Susquehanna International Group commands 7.69 million shares (2.70% ownership), while ARK Investment Management maintains 7.47 million shares (2.62%). ARK’s Innovation ETF (ARKK) alone holds 4.06 million shares, reflecting the firm’s confidence in the company’s potential. Sumitomo Mitsui Trust Holdings and Nikko Asset Management Americas round out the top five institutional holders with 3.79 million shares each. These concentrated positions from marquee institutions provide additional validation of the 25% price target increase and the broader bullish case unfolding around BMNR.