BMNR

BitMine Immersion Technologies Inc Price

BMNR
$21.83
+$0.35(+1.62%)

*Data last updated: 2026-04-15 16:09 (UTC+8)

As of 2026-04-15 16:09, BitMine Immersion Technologies Inc (BMNR) is priced at $21.83, with a total market cap of $9.77B, a P/E ratio of 30.20, and a dividend yield of 0.04%. Today, the stock price fluctuated between $21.19 and $21.96. The current price is 3.02% above the day's low and 0.59% below the day's high, with a trading volume of 57.37M. Over the past 52 weeks, BMNR has traded between $3.92 to $161.00, and the current price is -86.44% away from the 52-week high.

BMNR Key Stats

Yesterday's Close$21.51
Market Cap$9.77B
Volume57.37M
P/E Ratio30.20
Dividend Yield (TTM)0.04%
Dividend Amount$0.01
Diluted EPS (TTM)0.02
Net Income (FY)$348.57M
Revenue (FY)$6.09M
Earnings Date2026-04-14
EPS Estimate0.01
Revenue Estimate$18.40M
Shares Outstanding454.21M
Beta (1Y)1.425
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

2026-04-15 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.

2026-04-02 07:31

BitMine jumps 12% but hides risks! Short sellers squeeze to dominate the market; $21 is the key watershed

Gate News update: BitMine Immersion Technologies (BMNR) shares surged 12% on March 31, 2026, closing at $19.78 and setting the largest single-day gain in recent history. The rally—combined with the positive news that B. Riley raised its price target to $33—briefly improved market sentiment, but structural risks have not been eliminated. From derivatives data, this upswing looks more like a short squeeze than a push from new capital. The put/call options volume ratio fell sharply from 1.04 to 0.52, while open interest was largely unchanged, indicating that a large number of short positions were closed passively, driving the stock price higher without strong support from new long entries. This kind of move typically has limited follow-through; if shorts rebuild positions afterward, the rebound may face resistance. On the fundamentals side, the company has recently increased its Ethereum holdings for five consecutive weeks, bringing total holdings to 4.73 million ETH, or about 3.92% of circulating supply. At the same time, its staking platform, MAVAN, has put about 67% of its assets into staking, with an estimated annualized return of up to $285 million. Combined with a short-term rebound in Ethereum prices, this is expected to provide support to the company’s balance sheet. However, the capital flow indicator Chaikin Money Flow (CMF) remains in negative territory, showing that institutional capital has not meaningfully returned; the current rally lacks long-term capital backing. From a technical perspective, BMNR is still constrained by a descending channel dating back to December 2025, and repeated attempts to break out have not succeeded. In terms of key price levels, $21.22 is the trend confirmation point: if it holds effectively, it could open upside room to $24.56 and potentially higher ranges. Conversely, if it breaks below $19.46, it would imply that rebound momentum has faded, increasing the risk of a further move down to $17.88. In the short term, BMNR’s price action will be highly dependent on Ethereum’s price momentum and expectations for staking yields. But if sustained capital inflows are lacking, the current rebound may still be only a temporary repair phase.

Hot Posts About BitMine Immersion Technologies Inc (BMNR)

BlackBullion_Alpha

BlackBullion_Alpha

3 hours ago
BitMine Records a Quarterly Loss of US$3.82 Billion for Kuartalan, Due to Betting on Ethereum BitMine Immersion Technologies B BMNR reported a net loss of US$3.82 billion for the fiscal quarter ended February 28, 2026, up sharply from only US$1.16 million in the same period last year. This loss comes almost entirely from an unrealized impairment of US$3.78 billion on the company’s Ethereum ETHUSD treasury, which has now become the largest corporate ETH holding in the world. BitMine’s Net Loss Jumps to US$3.82 Billion BitMine’s quarterly report document shows total operating expenses of US$3.85 billion for this quarter, up drastically from less than US$1 million last year. Net loss for the six months through February 28 has already exceeded US$3.82 billion, while the same period the previous year only recorded a loss of US$2.1 million. But BitMine’s quarterly revenue shows a different picture. BitMine booked revenue of US$1.16 million in Q2, up from US$1.5 million the previous year. Of that total, US$10.2 million comes from ETH staking revenue. BitMine managed to raise US$10.07 billion from the sale of shares in the market over six months, causing the number of shares outstanding to more than double from 232 million to 494 million shares, and almost all of that money was used to buy ETH. In April, the company held around 4.87 million ETH. This is equivalent to 4.04% of the total ETH supply, which is 120.7 million tokens. BitMine bought 71,524 ETH in just the last week, and that is the fastest buying pace since December 2025. The company is targeting what they call “Alchemy of 5%,” meaning it wants to collect 5% of all circulating ETH. Now, they have already reached 81% of that target. Staking Platform and Uplisting to NYSE BitMine recently launched MAVAN, its own institutional-quality staking platform. As of April 13, there are already 3.3 million tokens staked. When fully utilized, BitMine estimates that annual staking returns could reach US$1.16 million. On the other hand, the company has completed the uplisting process from NYSE American to the main New York Stock Exchange on April 9. The coming quarters will be a test of whether BitMine’s staking revenue can offset the accounting volatility arising from holding nearly US$3.82 billion in a single digital asset. $9 $1 $9
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NeverVoteOnDAO

NeverVoteOnDAO

6 hours ago
Just caught up on something pretty interesting happening with BMNR. The company's been aggressively accumulating ether and now sits on 4.8 million ETH - that's nearly 4% of the entire circulating supply. They're basically positioning themselves as a leveraged ETH treasury play, which is a fascinating strategy. What caught my attention is the staking angle. Out of their 4.8M ETH, they've got 3.33 million staked through their Mavan validator network. At current yields around 2.78%, that's generating about $196 million in annualized revenue right now. When they get everything staked, they're projecting $282 million annually. That's a recurring income stream most companies can't touch. The recent NYSE uplist for BMNR is also notable - it's now trading between heavy hitters like Schlumberger and Adobe by volume. Daily volume is hitting nearly a billion dollars. The investor base includes some serious players too - ARK Invest, Founders Fund, Pantera, Galaxy Digital. Tom Lee's been pretty vocal about the thesis. He's calling ETH a "wartime store of value" right now, which is an interesting narrative shift. Over the past week alone, BMNR accumulated 71,252 ETH - their fastest pace since late December. They're clearly betting on the dip. What's wild is how they've transformed from a mining company into essentially a mega-holder treasury. They've doubled their share count in six months to raise over $10 billion for this accumulation strategy. The average cost basis is around $2,206 per token, so they're sitting on some serious unrealized gains at current prices. The whole thing feels like a new market narrative taking shape - instead of just holding crypto, you go public and use your stock as a treasury vehicle. Whether this scales or becomes a cautionary tale, I guess we'll find out.
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