BMNR logo

Bitmine Immersion Technologies, Inc. Stock Price

NYSE:BMNR Community·US$11.0b Market Cap
  • 0 Narratives written by author
  • 1 Comments on narratives written by author
  • 157 Fair Values set on narratives written by author

BMNR Share Price Performance

US$19.27
5.86 (43.65%)
US$19.27
5.86 (43.65%)
Price US$19.27

BMNR Community Narratives

There are no narratives available yet.

Trending Discussion

Updated Narratives

No recently updated narratives available.

Snowflake Analysis

Flawless balance sheet and fair value.

2 Risks
2 Rewards

Bitmine Immersion Technologies, Inc. Key Details

US$16.7m

Revenue

US$5.6m

Cost of Revenue

US$11.1m

Gross Profit

US$8.7b

Other Expenses

-US$8.7b

Earnings

Last Reported Earnings
Feb 28, 2026
Next Reporting Earnings
n/a
-15.26
66.59%
-51,994.10%
0%
View Full Analysis

About BMNR

Founded
2019
Employees
3
CEO
Chi Tsang
WebsiteView website
bitminetech.io

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.

Recent BMNR News & Updates

Seeking Alpha 2h

Bitmine Immersion: An Ethereum Treasury Trading Below Its Own Assets

Summary At an enterprise value of $10.0 billion, investors are effectively buying $1.00 worth of Ethereum for just $0.92. Traditional metrics show massive GAAP losses due to new accounting rules requiring unrealized crypto price drops to flow through the income statement, masking the company's true operations. Gross margins from staking are robust (87%), with potential annual income of $380M if fully deployed, positioning BMNR for significant upside. I rate BMNR a Buy, contingent on MAVAN revenue recognition, ETH/share stability amid dilution, and ETH/BTC macro trends as key catalysts. Read the full article on Seeking Alpha

Recent updates

No updates