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Bitmine Immersion Technologies, Inc. (BMNR)

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

Overview

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.

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Key Information

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

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
41.42
Change
1.96
Change %
4.97%
Open
41.25
Previous Close
39.46
High
42.58
Low
40.28
Volume
33,787,980
Market Cap
11,794,025,472
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
284,742,317
FloatShares
4,139,752
Float Ratio
1.45%
Shares Short
18,731,207
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
6.60%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
0.36 trading days
Held Percent Insiders
3.63%
Held Percent Institutions
11.03%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date
Earnings Call
Avg EPS Estimate
Low EPS Estimate
High EPS Estimate
Revenue
Avg Revenue Forecast <nil>
Low Revenue Forecast <nil>
High Revenue Forecast <nil>

BMNR Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$1,473,501Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.276The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio0.408The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$1,875,000Total liabilities, used together with cash and liquidity ratios to assess debt burden.

BMNR Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$-1,166,012EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$1,584,132Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$4,755,852Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin18.84%Gross margin; a higher value indicates stronger product profitability.
Operating Margin-14.83%Operating margin; slightly negative, indicating high operating costs.
Profit Margin-65.44%Net profit margin, which reflects overall profitability.

BMNR Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio65.15%Low leverage level, indicating the company has low debt pressure.
Total Debt$1,875,000Used together with cash and EBITDA to assess debt-paying ability.

BMNR Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)67.50%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for BMNR (Key ratios, margins, and cash flow)

Field Value Description
Current Price$41.42Latest stock trading price
Price Target (High)$90Analyst highest expected price
Price Target (Low)$60Analyst lowest expected price
Price Target (Average)$75Average target price across analysts
Price Target (Median)$75Median of target prices
Average Rating Score1Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count2Number of analysts providing estimates
Cash Holdings$1,473,501Total cash held by the company
Cash per Share$0.34Cash value per outstanding share
Total Debt$1,875,000Company's total debt
Quick Ratio0.276Ability to cover short-term liabilities (excludes inventory)
Current Ratio0.408Overall short-term liquidity
Debt/Equity Ratio65.15%Leverage ratio: Debt / Equity
EBITDA$-1,166,012Earnings before interest, taxes, depreciation & amortization
Total Revenue$5,452,545Total company revenue
Revenue per Share$2.41Total revenue divided by shares outstanding
Gross Profit18.84%Revenue minus cost of goods sold
Return on Assets-14.79%Net income / Total assets
Return on Equity-95.27%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)67.50%Year-over-year revenue growth
Gross Margin18.84%Gross profit / Total revenue
EBITDA Margin-21.39%EBITDA / Revenue
Operating Margin-14.83%Operating income / Revenue
Profit Margin-65.44%Net income / Revenue
Free Cash Flow$4,755,852Cash left after capital expenditures
Operating Cash Flow$1,584,132Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo