Want to see BMNR full AI Analyst Report?
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 - $65.60
Previous CloseN/A
Volume13.83K
Average Volume (3M)44.84M
Market Cap
$10.79B
Enterprise Value$7.56B
Total Cash (Recent Filing)$340.29M
Total Debt (Recent Filing)$1.22M
Price to Earnings (P/E)―
Beta9.45
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 Cap0.70
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
Very Low Leverage / Strong Balance SheetA negligible debt load versus an $11.6B equity base gives the company durable financial flexibility. Low leverage reduces default and refinancing risk, supporting continued staking builds, buybacks and preferred servicing even if operating cash flow remains stressed over the next several quarters.
Large Ethereum Treasury And Recurring Staking RevenueControlling millions of ETH and staking through the MAVAN platform creates a structural, recurring revenue stream from staking yields. Projected annualized staking revenues in the hundreds of millions diversify income beyond token price appreciation and support medium-term cash generation if network rewards and staking operations remain stable.
Capital Markets Initiatives Broaden Funding And Investor BaseA listed Series A preferred raise, aggressive buybacks and Russell 1000 inclusion materially expand capital flexibility and institutional access. These moves support funding for ETH accumulation, improve liquidity for shareholders and may lower effective capital costs, strengthening long-term strategic optionality.
Bears Say
Material Negative Operating And Free Cash FlowSustained, large negative operating and free cash flows indicate persistent cash burn that threatens runway absent external financing or higher staking/net receipts. Over months this elevates funding and execution risk, possibly forcing dilutive capital raises or curtailment of buybacks and investments.
Severely Weak Profitability And Earnings VolatilityDespite meaningful revenue growth, extreme negative net margins and large operating losses reveal poor earnings quality and volatile results. Operating expenses or one-time charges overwhelm gross margins, undermining sustainable profit conversion and constraining reinvestment or shareholder returns over the medium term.
Concentration In Ethereum Exposure And Protocol DependenceOwning a material share of ETH supply and deriving income from staking concentrates the firm's economics on Ethereum price, protocol rewards and regulatory treatment. This structural dependency raises correlated market, protocol and policy risk that could sharply reduce treasury value and staking revenue under adverse conditions.
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 $65.60 in the past 12 months.
What is Bitmine Immersion Technologies, Inc.’s market cap?
Bitmine Immersion Technologies, Inc.’s market cap is $10.79B.
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
2
3
4
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 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 232.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
5.47% Other Institutional Investors
75.03% Public Companies and Individual Investors