BMNRBitmine Immersion Technologies, Inc.

$24.88

$13.3252 weeks$63.20

Price

$24.88-40%1Y

1M+50%1Y-40%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Below average

4/10

Value44

Quality3

Momentum70

Growth97

Strongest Growth, weakest Quality · ranked vs Financial Services peers. The five questions below judge the company on its own terms.

What they do

Bitmine Immersion Technologies, Inc. is a U.S.-based digital asset technology company focused on acquiring, holding and actively managing ETH as its primary treasury reserve asset. Through equity and other capital markets transactions, we provide investors with indirect exposure to ETH by deploying offering proceeds to acquire and manage ETH within our corporate treasury. From 2021 through mid-2025, we built and operated sites utilizing immersion cooling, conducted self-mining, provided hosting/mining-as-a-service, leased, and sold equipment and related infrastructure.

In the company’s own words · 10-K filed Nov 21, 2025 · SEC EDGAR

P/E (TTM)-

Market Cap$9.19B

1Y Return-40%

5Y Return-

Business segments

Q2 2026 · $46.5M

The company’s own SEC segment disclosure.

Staking And Validation$45.7M98%
Self Mining$624.0K1%
Consulting$168.0K0%

Bitmine Immersion Technologies, Inc. (BMNR) reported revenue of $47M in Q3 2026 (quarter ended May 31, 2026), up 2168% from the same quarter a year earlier. That came with a gross margin of 88% and net loss of $84M. For the full year FY2025, revenue was $6.1M (+84% year on year) and net income $349M. Its largest product in 2026-Q2 was Staking And Validation at $46M, 98% of the disclosed total, just ahead of Self Mining at 1.3%.

Raw charts

9 series · TTM

As reported to the SEC, without any scoring.

Capital Markets

Ranks #30 of 40 by Smart Score

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