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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$12.80 - $71.74
Previous CloseN/A
Volume13.83K
Average Volume (3M)44.84M
Market Cap
$10.70B
Enterprise Value$7.56B
Total Cash (Recent Filing)$340.29M
Total Debt (Recent Filing)$1.22M
Price to Earnings (P/E)―
Beta9.89
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.06%
Share Statistics
EPS (TTM)N/A
Shares Outstanding603,226,400
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 Cap0.71
Enterprise Value/Revenue123.58
Enterprise Value/Gross Profit148.03
Enterprise Value/Ebitda-0.87
Forecast
1Y Price Target
$25.00Price Target Upside28.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Leading Ethereum Treasury And Staking ScaleBitMine’s sheer scale as the world’s largest Ethereum treasury and its MAVAN staking platform create durable, recurring staking revenue and strategic market influence. Large, locked staking positions support steady protocol-derived yield, institutional credibility, and barriers to competition for months ahead.
Low Leverage, Strong Balance Sheet BaseA very low-debt capital structure materially lowers solvency risk, giving management optionality to fund ETH accumulation, absorb crypto volatility, and support strategic initiatives without immediate refinancing. This foundation supports multi-month resilience despite operating losses.
Proven Capital Markets Access And Buyback ActivityRecent buybacks, Russell 1000 inclusion and a $273.8M Series A preferred raise demonstrate ongoing access to public and hybrid capital. That access provides a structural cushion to fund ETH accumulation, staking expansion, and liquidity needs over the coming months.
Bears Say
Severe Negative Operating And Free Cash FlowSustained, large cash burn undermines long-term sustainability: recurring negative OCF and FCF force reliance on external financing or asset sales, constrain reinvestment, and make capital allocation decisions (buybacks, preferred dividends) harder to sustain if deficits persist.
Deeply Negative Profitability And Earnings VolatilityExtreme negative margins reflect earnings quality issues: high operating charges overwhelm strong gross margins, indicating structural problems converting revenue to profit. This volatility increases uncertainty about long-term operating leverage and sustainable earnings power.
Concentrated Crypto Exposure And Regulatory DependenceHeavy concentration in Ethereum and staking ties BitMine’s fundamentals to ETH price, protocol economics, and evolving regulation. Structural exposure heightens portfolio volatility and policy risk that could materially affect staking yields, treasury valuations, and operating economics over the medium term.
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 $12.80 and its highest was $71.74 in the past 12 months.
What is Bitmine Immersion Technologies, Inc.’s market cap?
Bitmine Immersion Technologies, Inc.’s market cap is $10.70B.
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 0.06%. 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 603,226,400 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
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$25.00 (28.53% Upside)
$25.00 (28.53% Upside)
Blogger Sentiment
Bullish
BMNR Sentiment 71%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Increased
By 232.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
166.09%
12-Months-Change
Fundamentals
Return on Equity
0.06%
Trailing 12-Months
Asset Growth
9999.00%
Trailing 12-Months
Company Description
Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.
BMNR Stock 12 Month Forecast
Average Price Target
$25.00
▲(28.53% Upside)
Technical Analysis
Ownership Overview
0.50% Insiders
5.80% Mutual Funds
0.22% Other Institutional Investors
80.24% Public Companies and Individual Investors