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Bitmine Immersion Technologies, Inc. (BMNR)

20.18 -1.48 (-6.83%)
At close: October 30 at 4:00:02 PM EDT
20.14 -0.04 (-0.20%)
After hours: October 30 at 7:59:42 PM EDT
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What's happening with BMNR?

12m ago
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BitMine continued expanding its Ethereum treasury while nearing its self-imposed ownership limit. The company also accelerated share repurchases, but weaker Ether prices reduced the reported value of its holdings and broader risk-off trading pressured crypto-linked assets.

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  • Previous Close 21.66
  • Open 20.39
  • Bid 20.06 x 380000
  • Ask 20.13 x 210000
  • Day's Range 19.60 - 20.77
  • 52 Week Range 12.80 - 44.88
  • Volume 38,260,559
  • Avg. Volume 36,949,878
  • Market Cap (intraday) 12.173B
  • Beta (5Y Monthly) 1.91
  • PE Ratio (TTM) --
  • EPS (TTM) -4.50
  • Earnings Date (est.) Nov 20, 2026
  • Forward Dividend & Yield 0.01 (0.05%)
  • 1y Target Est 45.87
  • Zacks Rating Bullish

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.

bitminetech.io

3

Full Time Employees

August 31

Fiscal Year Ends

Capital Markets

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

BMNR
25.67%
S&P 500 (^GSPC)
10.73%

1-Year Return

BMNR
54.69%
S&P 500 (^GSPC)
11.11%

3-Year Return

BMNR
178.34%
S&P 500 (^GSPC)
81.91%

5-Year Return

BMNR
178.34%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 46.53M
Earnings -83.58M
Profit Margin -179.60%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

-5B
-4B
-3B
-2B
-1B
0
-200000.0%
-150000.0%
-100000.0%
-50000.0%
0.0%

Analyst Insights

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Analyst Price Targets

34.00
45.87 Average
20.18 Current
63.60 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/22/2026
Analyst B. Riley Securities
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 30 -> 34

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -3.17%

  • Return on Equity (ttm)

    -150.91%

  • Revenue (ttm)

    61.2M

  • Net Income Avi to Common (ttm)

    -8.77B

  • Diluted EPS (ttm)

    -4.50

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    340.29M

  • Total Debt/Equity (mrq)

    0.01%

  • Levered Free Cash Flow (ttm)

    -518.1M

Company Insights

Research Reports

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