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NYSE:BMNR

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

BitMine Immersion Technologies logo
$24.68 -1.52 (-5.79%)
Closing price 10/7/2026 03:58 PM Eastern
Extended Trading
$24.16 -0.52 (-2.13%)
As of 08:44 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About BitMine Immersion Technologies Stock (NYSE:BMNR)

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Key Stats

Today's Range
$24.28
▼
$25.19
50-Day Range
$17.30
▼
$28.70
52-Week Range
$12.80
▼
$61.01
Volume
35.90 million shs
Average Volume
38.61 million shs
Market Capitalization
$14.89 billion
P/E Ratio
493.64
Dividend Yield
0.04%
Price Target
$48.80
Consensus Rating
Hold

Company Overview

BitMine Immersion Technologies, Inc. is a digital asset and blockchain technology company focused on cryptocurrency mining and the management of digital assets. Its operations have included the use of immersion-cooling technology, which is designed to improve the efficiency and operating environment of specialized computing equipment used in cryptocurrency mining.

The company has also shifted its strategic focus toward building and managing a treasury of digital assets, particularly Ethereum, while continuing to evaluate opportunities in cryptocurrency mining, blockchain infrastructure and related technologies. Its activities may include acquiring digital assets, participating in blockchain-related initiatives and developing or deploying infrastructure that supports digital asset operations.

BitMine is publicly traded on the New York Stock Exchange under the symbol BMNR. In 2025, the company announced the appointment of Fundstrat co-founder Thomas Lee as chairman as it pursued its digital-asset treasury strategy. Additional details about its operating geographies and specific infrastructure portfolio may change as the company expands its business.

AI Generated. May Contain Errors.

BitMine Immersion Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

BMNR MarketRank™: 

BitMine Immersion Technologies scored higher than 85% of companies evaluated by MarketBeat, and ranked 225th out of 833 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BitMine Immersion Technologies has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    BitMine Immersion Technologies has a consensus price target of $48.80, representing about 97.7% upside from its current price of $24.68.

  • Amount of Analyst Coverage

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

  • Read more about BitMine Immersion Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for BitMine Immersion Technologies are expected to grow by 283.33% in the coming year, from $0.06 to $0.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of BitMine Immersion Technologies is 493.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BitMine Immersion Technologies is 493.64, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.76.

  • Price to Book Value per Share Ratio

    BitMine Immersion Technologies has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    6.74% 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 0.95, 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 decreased by 2.48%, indicating that investor sentiment is improving.
  • Dividend Yield

    BitMine Immersion Technologies has a dividend yield of 0.04%, 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 4.35% next year. This indicates that BitMine Immersion Technologies will be able to sustain or increase its dividend.

  • Read more about BitMine Immersion Technologies' dividend.
  • News Sentiment

    BitMine Immersion Technologies has a news sentiment score of 0.34. 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 0.57 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for BitMine Immersion Technologies this week, compared to 7 articles on an average week.
  • Search Interest

    42 people have searched for BMNR on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added BitMine Immersion Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 79% compared to the previous 30 days.
  • 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.

  • Read more about BitMine Immersion Technologies' insider trading history.
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BMNR Stock News Headlines

Ominous New Day in America (Get Ready for it)
A market forecaster with a 55-year track record - including calls on 1970s double-digit inflation, the 1980s S&L collapse and Black Monday crash, and the 2000s dot-com bust and Lehman Brothers collapse - says a major shift is coming to how Americans bank, work and insure themselves. The New York Times has credited him as the first to spot looming dangers, and he has testified before Congress on past financial crises.tc pixel
Ethereum Drops 5% After Tom Lee Says Bitmine Will Stop Purchases
BitMine’s Estimated $3.6B ETH Loss Overshadows Stock Edge
Bitmine Purchases 15,112 Ethereum As Price Strengthens
See More Headlines

BMNR Stock Analysis - Frequently Asked Questions

BitMine Immersion Technologies' stock was trading at $27.15 at the beginning of the year. Since then, BMNR shares have decreased by 9.1% and is now trading at $24.6820.

BitMine Immersion Technologies, Inc. (NYSE:BMNR) issued its quarterly earnings results on Tuesday, July, 14th. The company reported ($128.25) earnings per share for the quarter. The company had revenue of $46.54 million for the quarter. BitMine Immersion Technologies had a negative net margin of 14,306.56% and a positive trailing twelve-month return on equity of 3.35%.

Top institutional investors of BitMine Immersion Technologies include Versant Capital Management Inc. Insiders that own company stock include Thomas Jong Lee and Lori Love.
View institutional ownership trends
.

Shares of BMNR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
7/14/2026
Today
10/08/2026
Fiscal Year End
8/31/2027

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
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

High Price Target
$63.60
Low Price Target
$34.00
Potential Upside/Downside
+97.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.05
Trailing P/E Ratio
493.64
Forward P/E Ratio
411.37
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
$61.20 million
Price / Sales
243.30
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$31.10 per share
Price / Book
0.79

Miscellaneous

Outstanding Shares
603,226,000
Free Float
602,020,000
Market Cap
$14.89 billion
Optionable
N/A
Beta
1.52
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This page (NYSE:BMNR) was last updated on 10/8/2026 by MarketBeat.com Staff.
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