BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
Financials · Cryptocurrency / digital assets · NYSE
A cryptocurrency and digital asset company that earns modest revenues from staking and mining services while holding over $8 billion in volatile digital assets on its balance sheet.
What BITMINE IMMERSION TECHNOLOGIES, INC. does
Bitmine Immersion Technologies is a digital asset and cryptocurrency-focused company that generates revenue primarily from cryptocurrency staking, self-mining operations, equipment leasing, and consulting services. The company holds substantial digital asset holdings on its balance sheet and has pivoted from mining equipment sales to service-based cryptocurrency operations. The business operates with negative profitability but significant asset holdings dominated by digital assets valued at over $8 billion.
Themes: ["cryptocurrency / digital assets","proof-of-stake staking","cryptocurrency mining","blockchain infrastructure"]
Fundamentals
- Price$14.98 as of 2026-07-10 close
- Market cap$8.5B as of 2026-07-13
- 1-year return-67.4% as of 2026-07-10 close
- P/E24.48 as of 2026-07-13
- Net margin-51893.5% as of 2026-07-13
- Gross margin+64.4% as of 2026-07-13
- ROE-116.4% as of 2026-07-13
- Debt / equity0.00 as of 2026-07-13
- Revenue growth (YoY)+261.3% as of 2026-07-13
- Beta1.29 as of 2026-07-13
Dividend: yield +0.1%; pays a dividend.
Key risks (from latest filing)
["Significant unrealized losses on digital asset holdings ($9.0 billion mark-to-market loss in six months ended Feb 2026)","Unprofitable operations with $9.1 billion pre-tax loss in first half of fiscal 2026 despite $13.3 million in revenue","Extreme volatility in digital asset valuations and warrant liabilities creating accounting losses that dwarf operational performance"]
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.