Bitmine Immersion Technologies, Inc. (BMNR) is a Financials stock trading at $21.38 (as of 2026-08-20), with a market capitalization of $12.90B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
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.
Bitmine Immersion Technologies provides blockchain mining-related infrastructure, including hosting third-party mining equipment and offering data center services (power, racks, thermodynamic management, redundant connectivity, and security), and it also mines for its own account and sells mining equipment and related software.
Bitmine monetizes by operating and supplying mining infrastructure for others (hosted equipment and data center services) and by running mining for its own account (plus selling related equipment and software), so its results depend on the economics and volume of crypto mining and staking activities it supports.
Business quality (Weak): Limited segment visibility in the provided data, but there are clear operating metrics tied to staking activity and a strong indication the business is not yet showing sustainable operating performance.
| Price | $21.38 |
| Market Cap | $12.90B |
| Price / Book | 1.11 |
| Price / Sales | 207.47 |
| FCF Yield | -6.5% |
| DCF Value (model) | $16.71 |
| DCF Upside vs Price | -21.8% |
| Revenue (TTM) | $6.09M |
| Net Margin | 5719.1% |
| Revenue Growth (YoY) | 2167.9% |
| EPS Growth (YoY) | -51.6% |
| FCF Growth (YoY) | -21466.9% |
| Altman Z-Score | 48.47 (safe) |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Banking) | 12.9 |
| Top Institutional Holder | VANGUARD CAPITAL MANAGEMENT LLC ($402.40M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 4 |
| Sector | Financials |
| Industry | Banking |
| CEO | Chi Tsang |
| Employees | 7 |
| Country | US |
| IPO Date | 1997-12-17 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.