BMNR

BitMine Immersion Technologies, Inc.
NYSEFINANCIAL SERVICESCAPITAL MARKETS

Key Statistics

Market Cap
$10.60B
P/E Ratio
EPS
$-4.41
Beta
1.67
52W High
$71.72
52W Low
$12.80
50-Day MA
$16.51
200-Day MA
$25.92
Dividend Yield
0.06%
Profit Margin
0.00%
Forward P/E
PEG Ratio

About BitMine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily in the United States. The company is headquartered in Las Vegas, Nevada.

Official WebsiteUSAFY End: August

Fundamentals

Revenue (TTM)$61.20M
Gross Profit (TTM)$51.67M
EBITDA$-294.06M
Operating Margin8.42%
Return on Equity-150.90%
Return on Assets-3.17%
Revenue/Share (TTM)$0.17
Book Value$20.01
Price-to-Book0.93
Price-to-Sales (TTM)173.20
EV/Revenue171.1
EV/EBITDA32.14
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)2168.00%
Shares Outstanding$603.23M
Float$594.72M
% Insiders0.69%
% Institutions33.56%

Historical Volatility

HV 10-Day
91.63%
HV 20-Day
85.18%
HV 30-Day
81.95%
HV 60-Day
77.26%
HV Rank

Volatility is currently expanding

Analyst Ratings

Consensus ($31.87 target)
3
Buy

Latest News

Why Bitmine Looks Stronger Now

Bitmine's staking and validation revenue reached $45.7 million in Q3 FY26, representing 98% of total quarterly topline after MAVAN's launch. The company now holds 5.79 million ETH, roughly 4.8% of Ethereum's circulating supply, supporting a scalable institutional staking platform. Bitmine maintains an exceptionally conservative balance sheet with just $30.1 million of liabilities against $11.63 billion of total assets and no debt.

Seeking Alpha7/28/2026Positive
Eightco Holdings (NASDAQ: ORBS) Announces its Participation in World Foundation's $52.5M funding round as World Shifts From Building the Network to Scaling Utility

Eightco treasury composition as of July 26, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents, totaling approximately $391 million OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., July 27, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology companies.

PRNewsWire7/27/2026Neutral
Bitmine Immersion: Building Ethereum Ecosystem

Bitmine Immersion Technologies is transitioning from building a crypto treasury to actively developing the Ethereum ecosystem, enhancing ETH's long-term value. BMNR now controls nearly 5% of outstanding ETH tokens, generates a 2.67% yield on staked assets, and reported $47 million in FQ3 revenue with 90% gross margins. The crypto treasury can generate ~$300 million in staking revenue and has opportunities to add additional revenue streams via MAVAN.

Seeking Alpha7/23/2026Positive
From dilution to cash flow: Is BitMine stock worth buying now?

BitMine's stock price has rebounded over the past few days, hovering near its highest level in more than a month. BMNR has surged 32% from its year-to-date low, with the recovery gaining momentum as investors anticipate the company's transition from a cash-burning business into a potential free cash flow machine.

Invezz7/21/2026Positive
Bitmine Immersion Technologies (BMNR) Releases July Chairman's Message: "ETH is the cure for the 'Uncanny Valley of Wealth'"

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the 'Alchemy of 5%' in just 12 months Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH NORWALK, Conn., July 16, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced the release of the July Chairman's Message titled "ETH is the cure for the 'Uncanny Valley of Wealth.

PRNewsWire7/16/2026Neutral
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

Eightco treasury composition as of July 15, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $148M cash and equivalents, totaling approximately $406 million Worldcoin token (WLD) now listed on Robinhood, expanding access to millions OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., July 16, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology companies.

PRNewsWire7/16/2026Neutral
EthSystems Launches to Build Privacy Solutions for Institutions on Ethereum

Founded by the team behind the Ethereum Foundation's Institutional Privacy Task Force, EthSystems is building privacy and compliance technology for Ethereum Key backers include Bitmine, Sharplink and Joe Lubin NEW YORK, July 14, 2026 /PRNewswire/ -- EthSystems, an engineering and research company (the "Company"), today announced its public launch with anchor funding from Bitmine Immersion Technologies, Inc. (NYSE: BMNR), Sharplink, Inc. (Nasdaq: SBET), Joe Lubin and other ecosystem supporters. The Company is building privacy technology that lets banks, asset managers and other regulated institutions execute financial transactions on Ethereum at scale, without exposing sensitive information like trade details or client identities.

PRNewsWire7/14/2026Neutral
The Bitmine Immersion Discount Is Dangerous (Upgrade)

Bitmine (BMNR) is trading below the value of its treasury, offering leveraged exposure to Ethereum's price recovery. Investors can purchase $1 in ETH for 65¢, but that's the market pricing in real risk. BMNR owns 5.74M ETH (4.8% of supply), 206 BTC, significant cash, and stakes in Beast Industries and Eightco Holdings.

Seeking Alpha7/10/2026Positive

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Data last updated: 7/29/2026