Bitmine Immersion Technologies/$BMNR

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About Bitmine Immersion Technologies

BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
Ticker
$BMNR
Sector
Software & Cloud Services
Primary listing
NYSE
Employees
3

BMNR Metrics

BasicAdvanced
$14B
-
-$24.68
1.67
$0.01
0.04%

What the Analysts think about BMNR

Analyst ratings (Buy, Hold, Sell) for Bitmine Immersion Technologies stock.
Analyst projections of the future price of Bitmine Immersion Technologies stock.

Bulls say / Bears say

Revenue for Q3 FY2026 jumped to $46.5 million from $2.05 million a year earlier, led by $45.7 million from Ethereum staking and validation, underscoring the successful pivot to a high-margin staking model. (The Block)
The company uplisted to the NYSE on April 9 2026 and expanded its share repurchase authorization to $4 billion—one of 2026’s largest buyback programs—boosting liquidity and signaling board confidence in its equity valuation. (Investing.com/Reuters)
Bitmine’s balance sheet remains robust with ETH holdings surpassing 5.8 million tokens (~4.8% of supply), 209 BTC, $104 million in cash and marketable securities, and strategic stakes in Beast and Eightco, providing ample liquidity and growth optionality. (CoinDesk)
The company reported a net loss of $82.2 million for the quarter ended May 31, 2026, driven by $92.1 million in losses on derivative contracts and a $15.4 million unrealized digital assets markdown, highlighting significant earnings volatility. (The Block)
98.3% of Q3 revenue was derived from Ethereum staking under a ten-year operator agreement with Ethereum Tower, creating high concentration risk and complex third-party dependencies that could hinder an early exit. (CryptoSlate)
Bitmine’s Ethereum treasury incurred paper losses nearing $9 billion as ETH slid below $1,800, undermining its net asset value and testing investor confidence in its accumulation strategy. (Coindesk)
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 2026.

BMNR Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

BMNR Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing BMNR

Funds
Fund name
Fund size
$BMNR weighting
Vanguard ESG Global All Cap€V3AA
€1.1B0.01%
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