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Bitmine Immersion Technologies, Inc. Stock Price

NYSE:BMNR Community·US$15.0b Market Cap
  • 0 Narratives written by author
  • 1 Comments on narratives written by author
  • 197 Fair Values set on narratives written by author

BMNR Share Price Performance

US$24.91
-21.12 (-45.88%)
US$24.91
-21.12 (-45.88%)
Price US$24.91

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Snowflake Analysis

High growth potential with excellent balance sheet.

3 Risks
1 Reward

Bitmine Immersion Technologies, Inc. Key Details

US$61.2m

Revenue

US$9.5m

Cost of Revenue

US$51.7m

Gross Profit

US$8.8b

Other Expenses

-US$8.8b

Earnings

Last Reported Earnings
May 31, 2026
Next Reporting Earnings
n/a
-14.54
84.44%
-14,334.84%
0%
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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 Aug 25

Bitmine Immersion: Amid Crypto's Comeback, The Charts Point To Big Upside (Upgrade)

Summary Bitmine Immersion Technologies is upgraded to "Buy," driven by a strong technical breakout and robust trading volume. BMNR’s strategy centers on acquiring up to 5% of the Ethereum network, native staking, moonshot investments, and bridging Wall Street with DeFi. Technical indicators—RSI near 80, break above 200-day moving average—signal bullish momentum, with a price target of $36 by the end of 2026. While not fully convinced by fundamentals, BMNR’s resilience and outperformance versus Ether support a positive intermediate-to-long-term outlook. Read the full article on Seeking Alpha

Recent updates

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