Bitmine Immersion Technologies Inc. (NYSE:BMNR) has reached a new elite performance tier as its Benzinga Edge momentum score surged from 88.65 to 94.23 week-on-week.
Bitmine Momentum Surges Despite Negative Price Trends
This percentile ranking indicates that BMNR is currently outperforming most stocks based on relative strength, price movement patterns, and volatility over multiple timeframes.
The rally comes as Bitcmine Chairman Tom Lee predicts the “crypto winter” will conclude by April, signaling a potential V-shaped recovery for digital assets.
Despite strong momentum, BMNR maintains a weaker price trend over the long, short, and medium terms, as per Benzinga’s Edge Stock Rankings.
