Bitmine Immersion Technologies, Inc. (BMNR)
XASE:BMNR
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BMNR Stock Chart & Stats
$19.45
>-$0.01(-1.25%)
At close: 4:00 PM EST
$19.45
>-$0.01(-1.25%)
Day’s Range― - ―
52-Week Range$3.20 - $161.00
Previous CloseN/A
Volume13.83K
Average Volume (3M)44.84M
Market Cap
$11.90B
Enterprise Value$8.89B
Total Cash (Recent Filing)$879.58M
Total Debt (Recent Filing)$1.24M
Price to Earnings (P/E)―
Beta9.40
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding537,628,850
10 Day Avg. Volume38,513,079
30 Day Avg. Volume44,844,084
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.21
Price to Sales (P/S)1727.46
P/FCF Ratio-2.02K
Enterprise Value/Market Cap0.75
Enterprise Value/Revenue532.11
Enterprise Value/Gross Profit825.69
Enterprise Value/Ebitda-2.47
Forecast
1Y Price Target
$33.00Price Target Upside69.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Scale In Ethereum Treasury & StakingControlling several million ETH and a multi-hundred-million-dollar annualized staking run-rate creates a durable, yield-generating asset base. Scale gives cost advantages in validator operations, bargaining power for infrastructure, and predictable staking cash flows that can support operations and reinvestment over months.
Institutional Staking Platform (MAVAN) And Infrastructure M&AProductizing staking via MAVAN and acquiring staking/infrastructure capabilities (Pier Two) embeds Bitmine deeper into validator services. This vertical integration supports recurring service revenue, lowers third-party costs, and positions the firm to monetize institutional demand for secure, U.S.-based staking infrastructure over the medium term.
Low Leverage And Balance-sheet FlexibilityA conservative capital structure with minimal debt provides flexibility to fund ETH accumulation, stake deployment, buybacks, and acquisitions without immediate refinancing risk. That financial optionality helps the company navigate crypto market volatility and invest in long-term platform buildout.
Bears Say
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow indicate the core business is not self-funding. Over months this necessitates reliance on asset sales, capital raises, or drawing on treasury reserves, constraining sustainable reinvestment, margin recovery initiatives, and the practical ability to execute large buybacks or capex plans.
Large Net Losses And Thin, Volatile MarginsBig losses and thin gross margins reduce the durability of earnings and limit the firm's ability to convert revenue into shareholder value. Over a multi-month horizon, sustained negative profitability undermines self-funding, raises dilution risk, and heightens sensitivity to operational setbacks or lower staking yields.
Concentration Risk In Ethereum HoldingsOwning a sizable, concentrated position in one protocol concentrates enterprise economics on Ethereum’s price, protocol changes, and regulatory outcomes. This structural concentration exposes long-term cash flows and balance-sheet valuations to crypto-specific shocks, governance or staking-rule shifts, and sector regulatory risk that can persist for months.
BitMine Immersion Technologies News
BMNR FAQ
What was Bitmine Immersion Technologies, Inc.’s price range in the past 12 months?
Bitmine Immersion Technologies, Inc. lowest stock price was $3.20 and its highest was $161.00 in the past 12 months.
What is Bitmine Immersion Technologies, Inc.’s market cap?
Bitmine Immersion Technologies, Inc.’s market cap is $11.90B.
When is Bitmine Immersion Technologies, Inc.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Bitmine Immersion Technologies, Inc.’s earnings last quarter?
Currently, no data Available
Is Bitmine Immersion Technologies, Inc. overvalued?
According to Wall Street analysts Bitmine Immersion Technologies, Inc.’s price is currently Undervalued.
Does Bitmine Immersion Technologies, Inc. pay dividends?
Bitmine Immersion Technologies, Inc. pays a Notavailable dividend of $0.01 which represents an annual dividend yield of N/A. See more information on Bitmine Immersion Technologies, Inc. dividends here
What is Bitmine Immersion Technologies, Inc.’s EPS estimate?
Bitmine Immersion Technologies, Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Bitmine Immersion Technologies, Inc. have?
Bitmine Immersion Technologies, Inc. has 537,628,850 shares outstanding.
What happened to Bitmine Immersion Technologies, Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Bitmine Immersion Technologies, Inc.?
Currently, no hedge funds are holding shares in BMNR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
BitMine Immersion Technologies Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$33.00 (69.67% Upside)
$33.00 (69.67% Upside)
Blogger Sentiment
Bullish
BMNR Sentiment 60%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $15.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
166.09%
12-Months-Change
Fundamentals
Return on Equity
-116.38%
Trailing 12-Months
Asset Growth
9999.00%
Trailing 12-Months
Company Description
Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
BMNR Stock 12 Month Forecast
Average Price Target
$33.00
▲(69.67% Upside)
Technical Analysis
Ownership Overview
0.56% Insiders
1.88% Mutual Funds
0.52% Other Institutional Investors
87.02% Public Companies and Individual Investors