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
$8.91B
Enterprise Value$9.48B
Total Cash (Recent Filing)$879.58M
Total Debt (Recent Filing)$1.32M
Price to Earnings (P/E)―
Beta9.75
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)1.21K
Price to Sales (P/S)1727.46
P/FCF Ratio-2.02K
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue567.41
Enterprise Value/Gross Profit880.46
Enterprise Value/Ebitda-2.64
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
Large Ethereum Treasury And Staking ScaleBitMine’s ownership of multiple millions of ETH gives it a durable, liquid asset base that produces recurring staking revenues (management projects meaningful annualized staking income). This structural asset position supports platform economics, provides optionality for strategic investments, and underpins long-term institutional credibility.
MAVAN Institutional-grade Staking PlatformMAVAN creates a sustainable, service-oriented revenue stream by packaging staking infrastructure for institutions. A credible, U.S.-based validator network builds recurring fee income, operational scale advantages, and a moat versus one-off asset holders, enabling diversification away from hardware sales toward durable platform economics.
Conservative Leverage And Balance-sheet FlexibilityLow financial leverage reduces solvency risk and gives management capacity to fund additional ETH accumulation, staking build-out, or opportunistic M&A without immediate refinancing pressure. This structural conservatism helps absorb crypto price swings and supports multi-quarter execution of strategic initiatives.
Bears Say
Weak Cash Generation And Negative Free Cash FlowPersistent negative operating and free cash flow means the business is not self-funding, forcing reliance on external capital to cover operations and growth. Over months this can constrain reinvestment in core product development, increase financing risk if markets tighten, and make long-term execution contingent on capital markets access.
Large TTM Net Losses And Volatile MarginsDeep TTM losses and thin, inconsistent margins reduce confidence in sustainable profitability. Operating volatility hampers planning, may limit talent and partner retention, and makes it harder to demonstrate durable economics to institutional MAVAN clients or to pivot the core immersion-cooling business toward self-sustaining margins.
Dependence On Expensive External Capital (9.5% Preferred)Issuing high-coupon perpetual preferred stock increases fixed cash obligations senior to common equity and signals reliance on external funding rather than internal cash generation. Over time these payouts and potential governance rights for preferred holders can constrain flexibility and raise the company’s effective funding cost.
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 $8.91B.
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 64%
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 ▼ 1.3%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
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. 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
$33.00
▲(69.67% Upside)
Technical Analysis
Ownership Overview
0.52% Insiders
5.97% Mutual Funds
14.15% Other Institutional Investors
69.94% Public Companies and Individual Investors