Bitmine Immersion News - April 16, 2026

Bitmine Immersion reports $5.2 billion loss, reversing prior quarter profits

Bitmine Immersion Technologies reported a net loss of approximately $5.2 billion for the first quarter of 2026. The company recorded a basic earnings per...

Bitmine predicts $60,000 Ethereum, declaring the mini crypto winter over

Bitmine Immersion Technologies Chairman Tom Lee declared the mini crypto winter over at Paris Blockchain Week on April 16, 2026. Lee projected Ethereum could...