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$3.92 - $161.00
Previous CloseN/A
Volume13.83K
Average Volume (3M)44.84M
Market Cap
$11.04B
Enterprise Value$9.55B
Total Cash (Recent Filing)$879.58M
Total Debt (Recent Filing)$1.24M
Price to Earnings (P/E)―
Beta9.76
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding569,576,840
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 Cap0.86
Enterprise Value/Revenue571.27
Enterprise Value/Gross Profit886.45
Enterprise Value/Ebitda-2.65
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 Of Ethereum Treasury And StakingBitMine’s ownership of a multi‑million ETH position and large staked base creates a durable, asset-backed revenue stream. Scale grants preferential staking economics, market influence and liquidity access, supporting recurring yield generation and long‑term strategic optionality.
Institutional Staking Platform (MAVAN) And Strategic AcquisitionsThe MAVAN platform plus the Pier Two acquisition build proprietary, institutional-grade validator and infrastructure capabilities. This creates durable service revenue opportunities, higher margin staking operations, and competitive differentiation versus pure-hold treasuries over the medium term.
Conservative Capital Structure And Cash CushionLow leverage and substantial cash reserves give BitMine balance-sheet flexibility to fund ETH accumulation, fund MAVAN expansion, execute buybacks, or withstand crypto volatility without immediate refinancing, supporting multi‑month operational resiliency.
Bears Say
Weak Cash GenerationPersistent negative operating and free cash flow means BitMine relies on external capital or asset sales to fund operations and growth. That dependence raises financing risk if markets tighten and reduces the durability of expansion or buyback programs during adverse cycles.
Volatile And Negative ProfitabilityWide swings from profit to large losses and deeply negative margins indicate that earnings are not yet stable. This undermines the company’s ability to convert growth into shareholder returns and raises execution risk for sustaining investments in infrastructure and staking operations.
Concentration And Regulatory DependencyHeavy concentration in Ethereum and reliance on staking/regulatory frameworks exposes BitMine to idiosyncratic crypto price, protocol and policy risk. Adverse regulatory actions or protocol changes could quickly impair asset values, staking economics, or access to institutional customers.
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 $3.92 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 $11.04B.
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 569,576,840 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 232.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $15.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
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
0.52% Insiders
1.77% Mutual Funds
14.15% Other Institutional Investors
74.15% Public Companies and Individual Investors