Director purchases
Lori Love, who serves on the board of Bitmine Immersion Technologies, Inc. (NASDAQ: BMNR), made two purchases of the company’s common stock totaling $15,446 in market value. Prices for the acquisitions ranged from $22.01 to $22.0466 per share.
According to a Form 4 filing, Ms. Love bought 474 shares on April 16, 2026, at $22.0466 per share. That transaction raised her direct holdings to 36,556 shares. She followed with an additional purchase of 227 shares on April 20, 2026, at $22.01 per share. After the second trade her direct ownership stands at 36,783 shares.
Market context and valuation note
Bitmine’s common stock is trading at $22.53. Over the past six months the share price has fallen 57%, while over the past year the stock has gained 182%. An InvestingPro analysis included with the filings indicates that BMNR appears overvalued at current levels.
InvestingPro tips
InvestingPro Tips referenced in the filings point out that the company holds more cash than debt on its balance sheet. The note also indicates there are 7 additional exclusive tips available to InvestingPro subscribers.
Related company disclosures
The filing and accompanying company disclosures also highlight several broader business updates. Bitmine has begun trading on the New York Stock Exchange after moving from the NYSE American. The company reported $11.4 billion in crypto holdings, which include 4.8 million Ethereum tokens, and $864 million in cash.
Bitmine additionally amended executive compensation arrangements. Under the changes, CEO Chi Tsang is now eligible for an annual long-term incentive award valued at $500,000. Those awards will be provided as 60% restricted stock units and 40% stock options.
Other holdings disclosed by a related entity
The report also notes disclosures from Eightco Holdings Inc. that are presented alongside the Bitmine news. Eightco disclosed it holds 277 million Worldcoin tokens, representing about 9% of the circulating supply. The company’s treasury includes an indirect $90 million investment in OpenAI, $25 million in Beast Industries, 11,068 Ethereum tokens, and $112 million in cash and equivalents, with the total reported value of Eightco’s holdings at approximately $326 million.
What the filings show
- Director Lori Love executed two insider purchases totaling $15,446 in April 2026.
- Transaction prices ranged from $22.01 to $22.0466 per share; post-trade direct holdings total 36,783 shares.
- Company now trades on the New York Stock Exchange and reports substantial crypto assets and cash balances; executive compensation terms have been revised.
Note on analysis
The facts above are drawn from the company filings and the InvestingPro notes included with them. Where the filings or notes are limited in scope, the article reflects those limitations rather than expanding beyond the disclosed information.