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Bitmine Immersion Technologies, Inc. (BMNR)

NYSE Financial Services Financial - Capital Markets
$18.12 ▲ +0.18%
Market Cap
$10.32B
Sector
Financial Services
Industry
Financial - Capital Markets
Beta
1.56
52-Wk Range
12.8-71.74
CEO
Chi Tsang
Country
US
Currency
USD

Bitmine Immersion Technologies, Inc. operates in the Financial - Capital Markets industry of the Financial Services sector, headquartered in Las Vegas, NV, US. The stock last traded at $18.12, up 0.18% on the session, giving a market capitalisation of $10.32B. On trailing twelve-month figures it carries a trailing P/E of -0.79, a net margin of -14306.6%. Its beta of 1.56 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.79
Price / Sales
168.68
Price / Book
0.86
EV / EBITDA
-1.14
Gross margin
83.5%
Operating margin
-14514.0%
Net margin
-14306.6%
Return on equity
Debt / equity
0.00
Current ratio
36.68
Dividend yield
0.1%
Payout ratio
-0.0%
Company profile
Exchange
New York Stock Exchange
Employees
3
IPO date
2025-06-05
Headquarters
Las Vegas, NV, US
About Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Comparable companies

Bitmine Immersion Technologies, Inc. is most often compared with the following Financial Services names:

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