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Bitmine Immersion Technologies, Inc. (BMNR) Stock Profile & Financial OverviewBitmine Immersion Technologies, Inc.

Listed on AMEX • Financial Services / Financial - Capital Markets
BMNR logo

BMNR Company Overview & Business Description

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the company offers data centers, which provides power, racks, proprietary thermodynamic management, redundant connectivity, and security services, as well as software, which provides infrastructure management and custom firmware. 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.

Key Information

Symbol: BMNR
CEO: Jonathan Robert Bates
Exchange: AMEX
CIK: 0001829311
SEC Filings: View SEC →

Current Trend for BMNR

An assessment of the current trend environment for BMNR, based on the latest closing price data and intended to describe the market context heading into the next trading session.

As of 2025-12-24, the current trend for BMNR is a Bearish Regime (Sustained Downward Pressure).

Price remains below the adaptive KAMA with downward alignment, indicating a bearish environment.

  • Price is currently trending at a healthy distance, sitting -1.12 ATR away from the adaptive KAMA baseline.
  • The current market structure is holding within recent defined ranges.

Explore More Data

Adaptive Trend Model · Daily & Weekly (2025-12-24 ET)

This model uses an adaptive trend algorithm based on daily and weekly price data to identify whether a stock is in an uptrend, downtrend, or consolidation over a multi-week to multi-month horizon. Compared with traditional moving-average systems, it filters short-term noise more effectively, captures trend continuation more reliably, and provides a stronger basis for position sizing and risk-management decisions such as stop-loss and take-profit levels.

As of 2025-12-24, BMNR showing momentum fatigue; Long-term trend is neutral.

Trend Strength: BMNR last closed at 29.35, trading 1.2 ATR below the adaptive KAMA baseline (33.02). Technical Classification: Late-Cycle / Momentum Divergence.

Trend Score: Technical Score: 55/100. Classification: Late/Exhausted. Alignment: Indeterminate. Logic: Price action is range-bound or lacking sufficient slope for trend confirmation.

SuperTrend Risk: Risk indicators: No active structural constraints identified.

Risk Skew: Multi-timeframe risk skew is currently assessed as Mildly Bearish. The path of least resistance is currently lower on the daily timeframe, though it lacks a clear macro-level breakdown.

Key Levels: Key technical references: Spot 29.35, KAMA 33.02.

BMNR Real-Time Stock Price & Market Data (Updated: Dec 23 12:46 PM EST)

Price
29.41
Change
-1.68
Change %
-5.40%
Open
30
Previous Close
31.09
High
30.32
Low
28.94
Volume
21,030,297
Market Cap
12,524,010,496
EV/EBITDA
0

BMNR Shares Outstanding, Float, Short Interest & Ownership (Updated: Dec 23 12:46 PM EST)

Shares Outstanding
425,841,924
FloatShares
377,043,223
Float Ratio
88.54%
Shares Short
27,122,942
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
7.08%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
0.62 trading days
Held Percent Insiders
1.84%
Held Percent Institutions
21.08%