Jim Cramer on Bitmine Immersion: "We Don't Play That Game"

Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is one of the stocks that Jim Cramer spoke about. During the lightning round, a caller inquired about the company, and Cramer stated:

“Alright, listen to me, sunshine, we don’t play that game. If you want to own that kind of stuff, just go buy some Bitcoin. Go, buy some Ethereum. I own them both. They’re fine.”

Bitmine Immersion (NYSE:BMNR) provides blockchain infrastructure services, including hosting and self-mining of digital assets like Bitcoin. Moreover, the company sells mining equipment and offers data center solutions with thermodynamic management and custom software. The company stock is up nearly 310% at the time of writing, since it started trading on the NYSE American.

While we acknowledge the potential of BMNR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.