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NYSE · Capital Markets · USD

Bitmine Immersion Technologies, Inc. (BMNR) Stock Analysis

Bitmine Immersion Technologies, Inc. (BMNR) is a Capital Markets stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

BMNR

$23.96

+$1.14 (+5.00%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BMNR Key Statistics

As of Oct 21, 2026
Trading
Open
$23.36
Previous Close
$22.82
Day's Range
23.05–24.54
52-Week Range
12.80–56.10
Volume
35.65M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.91
Valuation
Market Cap
$14.09B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
24.85
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
230.27
EPS (ttm)Profit attributable to each share over the last twelve months.
−4.26
Financials (FY)
Revenue (FY)
$6.10M+84.14%
Net Income (FY)
$348.58M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
603.23M
1-Year Return
−53.78%
Dividend and dates
Dividend
0.04%
Ex-Dividend Date
December 5, 2025
Earnings Date
November 20, 2026estimated
Avg Volume
37.88M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, BMNR closed at $23.96, −53.78% over 1 year.

Bitmine Immersion Technologies, Inc. (BMNR) has a market capitalization of $14.09B.

In fiscal 2025, BMNR reported revenue of $6.10M.

BMNR Stock Return by Calendar Year

Bitmine Immersion Technologies, Inc. (BMNR) return since Jun 2025: what $10,000 became

1 year
$10,000 $4,622
−53.78%
Since Jun 2025
$10,000 $30,925
+209.25%

If you had invested $10,000 in Bitmine Immersion Technologies, Inc. (BMNR) at the close on June 5, 2025, the earliest close on record here, it would have been worth $30,925 at the close on October 21, 2026: +209.25% in total, +127.01% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−11.75%
2025 (partial year)+250.43%

As of October 21, 2026.

BMNR Revenue and Earnings by Fiscal Year

FY ends August
Fiscal yearRevenueNet incomeNet margin
2025$6.10M$348.58M5,719.1%
2024$3.31M−$3.29M−99.5%
2023$645.28K−$2.46M−382.0%
2022$427.67K−$2.01M−468.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$6.10M$310.00K−$362.63M$348.58M5,719.1%
2024$3.31M−$163.00K−$2.44M−$3.29M−99.5%
2023$645.28K$222.47K−$2.31M−$2.46M−382.0%
2022$427.67K−$129.03K−$1.70M−$2.01M−468.9%

Annual figures as reported, in the company's reporting currency. As of August 31, 2025.

BMNR Valuation vs Capital Markets Median

Median of 100 stocks
MetricBMNRCapital Markets medianvs median
P/S ratio230.272.27101.3x the median

Medians across 100 Capital Markets stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Bitmine Immersion Technologies, Inc. (BMNR) at $14.09B. The company sits in the Financial Services sector, in the Capital Markets industry. Headcount on file is 3.

The most recent close on file for BMNR is $23.96, dated October 21, 2026. That is +$1.14 (+5.00%) against the previous close. Over the past 52 weeks the price has ranged from $12.80 to $56.10. The latest close sits 87.19% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $6.10M. Against the prior fiscal year total of $3.31M, that is a change of +84.14%. Net income for the same year was $348.58M. Earnings per share on a trailing basis come to −4.26.

Across the 4 fiscal years on file, revenue moves from $427.67K in 2022 to $6.10M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 24.85. Measured against sales, the shares trade at 230.27 times revenue. On price-to-sales that is 101.3 times the Capital Markets median of 2.27. 100 Capital Markets companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −53.78%. The reported beta is 1.91. Daily returns over the trailing 1 year annualize to a volatility of 90.24%.

Growth & Income

Shareholders receive a dividend, yielding 0.04% on the latest price. That is 1.9 percentage points below the Capital Markets median yield of 1.97%. The ex-dividend date on file is December 5, 2025.

2026 is still running; the total return is −11.75% year to date.

Peer Comparison

Bitmine Immersion Technologies, Inc. (BMNR) operates in the Capital Markets industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Bitmine Immersion Technologies, Inc. BMNR $14.09B —
Morgan Stanley MS $293.71B 14.8
The Goldman Sachs Group, Inc. GS $263.43B 13.0
The Charles Schwab Corporation SCHW $158.48B 15.7

The Capital Markets industry average P/E ratio is 15.7x. Bitmine Immersion Technologies, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Bitmine Immersion Technologies, Inc.

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.

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