Bitmine Immersion Technologies stock jumps 18% into weekend as crypto steadies — what to watch Monday
New York, Feb 8, 2026, 06:29 EST — Market closed
- After a rough week of losses, shares finished Friday at $20.47—up 17.6% on the day.
- Bitcoin and ether shot higher, yet crypto options markets still saw strong demand for hedges.
- Monday’s in focus for investors, with eyes on weekend token shifts and a crowded U.S. data calendar ahead.
Bitmine Immersion Technologies shares bounced 17.6% higher to close at $20.47 on Friday, partially reversing sharp losses from earlier in the week. U.S. markets are closed until Monday, leaving traders to watch crypto’s next moves in the meantime. 1
Why it matters now: Bitmine has quickly become a proxy for ether, with its crypto-treasury approach tying the stock’s fate…
