BitMine Immersion Technologies (BMNR) Stock Price, News & Analysis

Company Overview

BitMine Immersion Technologies, Inc. (NYSE American: BMNR) is an engineering and technology company specializing in immersion cooling solutions for digital asset mining and high-performance computing (HPC) applications. The company develops proprietary direct-to-chip systems that submerge servers in non-conductive dielectric fluids to efficiently remove heat, enabling clients to achieve higher processing density and improved energy efficiency.

BitMine offers turnkey services spanning system design, equipment supply, installation and ongoing maintenance. Its hardware portfolio includes immersion tanks, power distribution units and heat exchange modules, all engineered to reduce capital expenditures and lower operating costs for data center operators and digital asset miners.

With operations focused in North America, BitMine has deployed systems in key data center markets and is exploring opportunities in South America and Europe. The company targets enterprise HPC and digital asset mining operations seeking to enhance performance, reliability and sustainability through immersion cooling technology.

As a NYSE American–listed company, BitMine Immersion Technologies continues to build strategic collaborations to promote industry-wide adoption of immersion cooling and support the shift toward more sustainable, energy-efficient computing infrastructures.

Key Stats

• Today's Range: $16.53 to $17.77
• 50-Day Range: $13.31 to $19.25
• 52-Week Range: $12.80 to $71.74
• Volume: 35.62 million shs
• Average Volume: 34.24 million shs
• Market Capitalization: $10.43 billion
• P/E Ratio: 345.90
• Dividend Yield: 0.06%
• Price Target: $27.65
• Consensus Rating: Moderate Buy

BitMine Immersion Technologies Stock Analysis - MarketRank™

BitMine Immersion Technologies scored higher than 83% of companies evaluated by MarketBeat, and ranked 253rd out of 856 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

BitMine Immersion Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 1 buy rating, 1 hold rating, and 1 sell rating.

Upside Potential

BitMine Immersion Technologies has a consensus price target of $27.65, representing about 59.9% upside from its current price of $17.30.

Amount of Analyst Coverage

BitMine Immersion Technologies has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 116.67%

Earnings Growth

Earnings for BitMine Immersion Technologies are expected to grow by 116.67% in the coming year, from $0.06 to $0.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BitMine Immersion Technologies is 345.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 45.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of BitMine Immersion Technologies is 345.90, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 28.65.

Price to Book Value per Share Ratio

BitMine Immersion Technologies has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.16% of the float of BitMine Immersion Technologies has been sold short.

Short Interest Ratio / Days to Cover

BitMine Immersion Technologies has a short interest ratio ("days to cover") of 1.37, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BitMine Immersion Technologies has recently increased by 6.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

BitMine Immersion Technologies has a dividend yield of 0.06%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

BitMine Immersion Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BitMine Immersion Technologies is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, BitMine Immersion Technologies will have a dividend payout ratio of 7.69% next year. This indicates that BitMine Immersion Technologies will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.46

News Sentiment

BitMine Immersion Technologies has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for BitMine Immersion Technologies this week, compared to 8 articles on an average week.

Search Interest

60 people have searched for BMNR on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

27 people have added BitMine Immersion Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 170% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BitMine Immersion Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.20% of the stock of BitMine Immersion Technologies is held by insiders.

Percentage Held by Institutions

BitMine Immersion Technologies has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 7/14/2026
• Today: 7/31/2026
• Fiscal Year End: 8/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Financial Services
• Sub-Industry: Multi-Sector Holdings
• Current Symbol: NYSE:BMNR
• Previous Symbol: NYSEAMERICAN:BMNR
• CIK: 1829311
• Web: bitminetech.io
• Phone: +1-778-383-1132
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for BitMine Immersion Technologies: $27.65
• High Price Target: $30.30
• Low Price Target: $25.00
• Potential Upside/Downside: +59.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.05
• Trailing P/E Ratio: 345.90
• Forward P/E Ratio: 288.25
• P/E Growth: N/A
• Net Income: $348.58 million
• Net Margins: -14,306.56%
• Pretax Margin: -14,306.59%
• Return on Equity: 3.35%
• Return on Assets: 3.32%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 36.68
• Quick Ratio: 36.68

Sales & Book Value

• Annual Sales: $6.09 million
• Price / Sales: 1,713.11
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $19.23 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 603,230,000
• Free Float: 602,020,000
• Market Cap: $10.43 billion
• Optionable: N/A
• Beta: N/A