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BMNR Stock Chart & Stats
$24.82
>-$0.01(-1.25%)
At close: 4:00 PM EST
$24.82
>-$0.01(-1.25%)
Day’s Range― - ―
52-Week Range$12.80 - $65.60
Previous CloseN/A
Volume13.83K
Average Volume (3M)41.21M
Market Cap
$16.16B
Enterprise Value$10.00T>
Total Cash (Recent Filing)$340.29M
Total Debt (Recent Filing)$1.22M
Price to Earnings (P/E)―
Beta10.94
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.04%
Share Statistics
EPS (TTM)N/A
Shares Outstanding603,226,400
10 Day Avg. Volume34,830,115
30 Day Avg. Volume41,206,035
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 Cap467.97K
Enterprise Value/Revenue123.58M
Enterprise Value/Gross Profit148.03M
Enterprise Value/Ebitda-866.70K
Forecast
1Y Price Target
$48.80Price Target Upside96.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Exceptional Revenue GrowthThe sharp increase in trailing revenue indicates that BitMine has expanded its operating scale materially. If the company can retain this level of activity while controlling expenses, the larger revenue base could support improved fixed-cost absorption and create a foundation for more durable earnings growth.
Very Low Financial LeverageBitMine’s lightly leveraged balance sheet provides substantial financial flexibility because debt service and refinancing demands are small relative to its equity base. This reduces borrowing-related solvency pressure and leaves the company better positioned to fund strategic initiatives or withstand operating volatility.
Scaled Ethereum Treasury And Staking PlatformBitMine has built a large Ethereum treasury and staked most of its reported holdings through MAVAN, creating a potentially recurring staking-revenue stream. Its scale, stated progress toward 5% of ETH supply, and institutional positioning strengthen its role in digital-asset infrastructure.
Bears Say
Severe Profitability DeteriorationThe company’s substantial operating expenses and charges currently overwhelm its gross profit, preventing revenue growth from translating into sustainable earnings. Persistently negative profitability weakens returns on invested capital and makes future performance highly dependent on a successful cost and operating reset.
Persistent Cash BurnMaterially negative operating and free cash flow show that BitMine is consuming cash rather than funding its activities internally. If the deficit persists, the company may need external capital to maintain operations and pursue growth, increasing dependence on financing conditions and capital allocation discipline.
Dependence On Digital-Asset EconomicsBitMine’s mining and digital-asset activities are exposed to several operating and market variables that can change the economics of revenue generation. Network difficulty, cryptocurrency prices, uptime, efficiency, and power costs can each affect results, limiting predictability over the next several quarters.
BitMine Immersion Technologies News
BMNR FAQ
What was BitMine Immersion Technologies’s price range in the past 12 months?
BitMine Immersion Technologies lowest stock price was $12.80 and its highest was $65.60 in the past 12 months.
What is BitMine Immersion Technologies’s market cap?
BitMine Immersion Technologies’s market cap is $16.16B.
When is BitMine Immersion Technologies’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were BitMine Immersion Technologies’s earnings last quarter?
Currently, no data Available
Is BitMine Immersion Technologies overvalued?
According to Wall Street analysts BitMine Immersion Technologies’s price is currently Undervalued.
Does BitMine Immersion Technologies pay dividends?
BitMine Immersion Technologies pays a Notavailable dividend of $0.01 which represents an annual dividend yield of 0.04%. See more information on BitMine Immersion Technologies dividends here
What is BitMine Immersion Technologies’s EPS estimate?
BitMine Immersion Technologies’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does BitMine Immersion Technologies have?
BitMine Immersion Technologies has 603,226,400 shares outstanding.
What happened to BitMine Immersion Technologies’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of BitMine Immersion Technologies?
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:
$48.80 (96.62% Upside)
$48.80 (96.62% Upside)
Blogger Sentiment
Bullish
BMNR Sentiment 82%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 34.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-58.54%
12-Months-Change
Fundamentals
Return on Equity
0.04%
Trailing 12-Months
Asset Growth
9999.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
BitMine Immersion Technologies
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
$48.80
▲(96.62% Upside)
Technical Analysis
Ownership Overview
0.47% Insiders
5.80% Mutual Funds
<0.01% Other Institutional Investors
79.30% Public Companies and Individual Investors