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

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.

Key Stats

• Today's Range: $20.55 to $23.39
• 50-Day Range: $17.98 to $28.70
• 52-Week Range: $12.80 to $56.10
• Volume: 33.16 million shs
• Average Volume: 40.53 million shs
• Market Capitalization: $14.04 billion
• P/E Ratio: 466.20
• Dividend Yield: 0.04%
• Price Target: $48.80
• Consensus Rating: Hold

BitMine Immersion Technologies Stock Analysis - MarketRank™

BitMine Immersion Technologies scored higher than 88% of companies evaluated by MarketBeat, and ranked 230th out of 847 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: 3.7 / 5
• Analyst Rating: Hold

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 115.5% upside from its current price of $22.65.

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: 283.33%

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 452.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of BitMine Immersion Technologies is 452.80, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.81.

Price to Book Value per Share Ratio

BitMine Immersion Technologies has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.77% 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 0.88, 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 14.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.05

News Sentiment

BitMine Immersion Technologies has a news sentiment score of 0.05. 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 0.66 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for BitMine Immersion Technologies this week, compared to 7 articles on an average week.

Search Interest

46 people have searched for BMNR on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.

MarketBeat Follows

19 people have added BitMine Immersion Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 19% 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

• Today: 10/15/2026
• 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
• Web: bitminetech.io
• Phone: +1-778-383-1132
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Price Target for BitMine Immersion Technologies: $48.80
• High Price Target: $63.60
• Low Price Target: $34.00
• Potential Upside/Downside: +109.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.05
• Trailing P/E Ratio: 466.84
• Forward P/E Ratio: 388.87
• 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: 2,311.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $31.10 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 603,230,000
• Free Float: 602,020,000
• Market Cap: $14.07 billion
• Optionable: N/A
• Beta: 1.52