BMNR

BitMine Immersion Technologies Inc Price

Closed
BMNR
$23.02
+$0.23(+1.00%)

*Data last updated: 2026-05-06 00:44 (UTC+8)

As of 2026-05-06 00:44, BitMine Immersion Technologies Inc (BMNR) is priced at $23.02, with a total market cap of $10.50B, a P/E ratio of 30.20, and a dividend yield of 0.04%. Today, the stock price fluctuated between $22.70 and $23.24. The current price is 1.40% above the day's low and 0.94% below the day's high, with a trading volume of 31.92M. Over the past 52 weeks, BMNR has traded between $3.92 to $161.00, and the current price is -85.70% away from the 52-week high.

BMNR Key Stats

Yesterday's Close$22.79
Market Cap$10.50B
Volume31.92M
P/E Ratio30.20
Dividend Yield (TTM)0.04%
Dividend Amount$0.01
Diluted EPS (TTM)19.08
Net Income (FY)$348.57M
Revenue (FY)$6.09M
Earnings Date2026-07-02
EPS Estimate0.07
Revenue Estimate$57.50M
Shares Outstanding461.04M
Beta (1Y)1.685
Ex-Dividend Date2025-12-08
Dividend Payment Date2025-12-29

About BMNR

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.
SectorFinancial Services
IndustryFinancial - Capital Markets
CEOChi Tsang
HeadquartersLas Vegas,NV,US
Official Websitehttps://bitminetech.io
Employees (FY)3.00
Average Revenue (1Y)$2.03M
Net Income per Employee$116.19M

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BitMine Immersion Technologies Inc (BMNR) Latest News

2026-05-04 12:37

Strategy Holds 818,334 BTC With $2.598B Unrealized Gains; Bitmine Posts $6.289B Loss on ETH

According to on-chain analyst Yujin, Bitcoin treasury company Strategy (MSTR) held 818,334 BTC (valued at $64.413 billion) as of May 4, with an average cost of $75,537 per coin, resulting in unrealized gains of $2.598 billion, or 4.2%. Ethereum treasury company Bitmine (BMNR) purchased 101,745 ETH at approximately $2,311 per coin last week, bringing its total holdings to 5,180,131 ETH (valued at $12.08 billion) with an average cost of $3,546 per coin. The position currently shows unrealized losses of $6.289 billion, or 34.2%.

2026-04-15 08:05

Bitmine Immersion Technologies Reports $3.82B Quarterly Loss Despite Revenue Surge to $11M

Gate News message, April 15 — Bitmine Immersion Technologies (BMNR) reported a net loss of $3.82 billion for the quarter ending February 28, 2026, according to its latest 10-Q filing (quarterly earnings report). This represents a dramatic increase from losses of $1.15 million during the same period a year earlier, driven primarily by $3.78 billion in unrealized losses on its digital asset holdings. Over a six-month period, cumulative losses exceeded $9 billion. Despite the losses, BMNR continues its aggressive Ethereum accumulation strategy, now holding approximately 4.87 million ETH valued at around $10.7 billion, making it the largest corporate Ethereum holder globally. The company's average acquisition price stands at $2,206 per ETH. Quarterly revenue surged to $11.04 million, up sharply from $1.5 million a year earlier, with the majority coming from staking rewards. With over 68% of its ETH holdings staked, the company projects annualized revenue of approximately $212 million based on current yield levels. Chairman Tom Lee stated the firm views current market conditions as an opportunity and believes Ethereum is approaching the end of a "mini crypto winter." BMNR stock closed down 0.14% at $21.48 on the day, showing a relatively muted reaction to the earnings report.

2026-04-10 15:08

Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.

Gate News message, April 10, a well-known market analyst Tom Lee posted that there are increasingly more signs indicating the bottom has already formed, even though the overall market still widely remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that outperformed during the U.S.-Iran war. He noted that Ethereum and BMNR are among the top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have proven themselves to be a store of value during wartime.

2026-04-09 01:32

U.S. stock market close: Crypto sector broadly rises, with ABTC up more than 10%

Gate News message, April 9th. Yesterday, the U.S. stock market closed higher: the Dow Jones Industrial Average rose 2.85%, the S&P 500 Index rose 2.51%, and the Nasdaq rose 2.8%. The crypto sector rose across the board, with ABTC up more than 10.63%, BMNR up more than 6.69%, MARA up more than 6.03%, MSTR up more than 3.7%, and SBET up more than 2.88%. According to data from msx.com.

2026-04-07 10:31

Pre-market U.S. stock trading: Crypto-related stocks broadly fell, with MSTR down 1.27%

Gate News message, April 7, according to msx.com data, U.S. stock pre-market crypto-related stocks were generally down. Among them, CRCL fell 0.41%, MSTR fell 1.27%, SBET fell 1.1%, and BMNR fell 1.53%. It is said that msx.com is a decentralized RWA trading platform that has already listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.

Hot Posts About BitMine Immersion Technologies Inc (BMNR)

TechubNews

TechubNews

1 hours ago
Bit Mining Breaks Through $13.1 Billion in Digital Asset Portfolio via Ethereum Staking Bit Mining Immersion Technologies (NYSE: BMNR) drew market attention on May 5 after reports of active buying of Ethereum (ETH) and an increase in staking. On the day, the stock price rose 4% from the previous trading day, closing at $23.10. On May 4, Bit Mining added 101,745 ETH (about $238 million), increasing its total holdings to 5.18 million ETH. This is approximately 4.29% of Ethereum’s total supply, valued at about $12.28 billion at current ETH prices. Major media analysis believes this purchase is a move to further strengthen Bit Mining’s staking-centered strategy. Staking rate reaches 87.9%, with an expected annualized return of 2.91% Bit Mining currently stakes 84% to 87.9% of its held Ethereum (i.e., 4.36 million to 4.55 million ETH). This is equivalent to $10.2 billion to $10.77 billion, with the average price per ETH in the $2,336 to $2,370 range. Recently, it added 190,800 ETH to staking (about $451 million), and the estimated annualized staking return is about 2.91%. MAVAN expects this means about $297 million in earnings per year, and if fully staked, that return could expand to $352 million. At present, the Ethereum validator queue is backed up with 3.72 million ETH, tightening the supply of liquid ETH. Total assets reach about $13.1 billion, including Bitcoin and cash; institutional investment grows Bit Mining’s digital asset portfolio, in addition to Ethereum, also includes 200 BTC, $700 million in cash, and equity stakes in Beast Industries and Eightco Holdings, bringing the total to about $13.1 billion. By staking ETH, Bit Mining is becoming a representative alternative in the Ethereum staking economy in the open market. Institutional investors’ interest is also rising. In Q4 2025, Wolverine Asset Management newly bought 105,302 shares (about $2.86 million). CNB Bank, Wellington Shields, and others have also increased their small positions. Bit Mining interprets this expansion in its ETH holdings as a signal of a “crypto spring” and has expressed expectations for a market recovery. Stock price trend and analyst outlook: target price $34.50 Bit Mining’s stock traded intraday in the $22.56 to $23.35 range and ultimately closed at $23.10. The 50-day moving average is $20.88, and the 200-day moving average is $28.69. The 52-week high is $161.00, and the low is $3.92. Year-to-date, the stock has fallen by about 16%. Its market cap is approximately $12.95 billion. MarketBeat analysts rate Bit Mining as a “Moderate Buy” and set a target price of $34.50. Performance and outlook: losses are shrinking; EPS expected to turn from loss to profit this year Bit Mining’s Q1 performance shows an earnings per share (EPS) loss of -$0.08 and revenue of $11.04 million. Although the operating profit margin is negative, return on equity (ROE) remains positive at 5.59%. The company expects EPS to turn profitable this year, reaching +$0.29. Analysts point out that Bit Mining’s strategic focus is on long-term staking yields and expanding institutional demand; if the effects of reduced ETH supply continue, its staking profitability could further improve. Strengthening its position in the Ethereum ecosystem; long-term strategy draws attention Bit Mining has increased its ETH staking ratio to 87.9%, expanding its influence within the Ethereum network. Higher activity in the validator queue means staking demand is rising, which could reduce the supply of liquid ETH. Although Bit Mining has not disclosed specific project roadmaps, it is maintaining its long-term strategy by expanding ETH staking, keeping it a leading company in the Ethereum staking economy. TokenPost AI Note: This article is summarized based on the TokenPost.ai language model. The main content may have omissions or may not be fully consistent with facts.
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