BMNR

Bitmine Immersion Technologies, Inc.

Price Chart

Latest Quote

$15.69

+0.25 (+1.62%)

Current Price

Previous Close	$15.44
Open	$14.92
Day High	$15.86
Day Low	$14.67
Volume	35,777,055

Fetched: 2026-07-18T05:07:43

Stock Information

Quarterly Dividend / Yield	$0.01 / 0.06%
Shares Outstanding	603.23M
Quarterly Dividend Yield	0.06%
Quarterly Dividend	$0.01
Total Debt	$1.32M
Cash Equivalents	$879.58M
Revenue	$16.71M
Net Income	$-8.69B
Sector	Financial Services
Industry	Capital Markets
Market Cap	$9.46B
EPS (TTM)	$-4.57
Exchange	NYQ

🌐 Visit Website

📊 Comprehensive Analysis

Company Data

Enterprise Value	$7.61B
Sales	$16.71M
Income	$-8.69B
Book/sh	$37.04
Cash/sh	$1.46
Employees	3

Financial Ratios

Quick Ratio	53.85
Current Ratio	54.19
Debt/Eq	0.01

Returns & Margins

ROA	-3.78%
ROE	-175.88%
Gross Margin	66.59%
Operating Margin	-592.09%

Ownership

Insider Ownership	0.69%
Institutional Ownership	33.22%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	16.69
P/S	566.34
P/B	0.42

Analyst Data

Recommendation	strong_buy
Target Price	$34.53

Technical Indicators

SMA20	$14.82
SMA50	$17.22
SMA200	$27.31
RSI	64.41
ATR	1.0628

Shares Float	529.62M
Short Float	8.14%
Short Ratio	1.10
Volatility	1.67
Rel Volume	0.93

Performance History

Week	+4.74%
Month	-3.21%
Quarter	-30.08%
6 Months	-51.96%
YTD	-49.70%
Year	-64.97%
10 Years	+102.51%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$15.69	35,922,500
2026-07-16	$15.44	28,528,200
2026-07-15	$15.79	42,764,200
2026-07-14	$16.29	51,558,100
2026-07-13	$14.61	26,297,000
2026-07-10	$14.98	28,702,300
2026-07-09	$14.69	21,063,300
2026-07-08	$14.86	28,393,100
2026-07-07	$14.80	32,607,800
2026-07-06	$15.55	46,731,000
2026-07-02	$14.36	40,996,900
2026-07-01	$14.15	40,513,300
2026-06-30	$13.31	38,113,000
2026-06-29	$13.80	36,386,200
2026-06-26	$13.56	66,502,800
2026-06-25	$13.32	43,981,200
2026-06-24	$14.02	46,267,800
2026-06-23	$15.13	31,449,100
2026-06-22	$15.86	35,741,100
2026-06-18	$16.14	51,599,300

About Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. 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.

📰 Latest News

Weekly Wrap: Crypto Struggles as Technology Stocks Fall

CryptoProwl • 2026-07-17T20:31:00Z

Ethereum Leads Losses Among Crypto Majors After Report Raises Fresh Doubts Over CLARITY Act

Stocktwits • 2026-07-17T11:09:43Z

Ethereum to $250,000? Tom Lee Reveals 'ETH 2.0' as Rare Pattern Signals ‘Parabolic Rally’

CCN • 2026-07-17T10:53:43Z

Tom Lee Says Ethereum's Future Is 'Exponential,' Cites Analyst's $2,200 ETH Target

Benzinga • 2026-07-17T08:56:41Z

Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues

Cryptonews • 2026-07-17T08:33:12Z

Bitcoin, Ethereum, XRP, Dogecoin Slide as 'Fear' Sentiment Prevails: Analyst Says BTC's 'Clear Breakthrough' Above This Level a Trigger for 'Strong Run

Benzinga • 2026-07-17T01:56:15Z

Tom Lee Says Ethereum’s Biggest Bull Case Is No Longer Crypto

BeInCrypto • 2026-07-16T21:52:56Z

Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs

Bankless • 2026-07-16T18:50:51Z

Tom Lee Compares Ethereum To AMZN Before AWS, NVDA Before AI Boom – Says ETH Could Solve 'Uncanny Valley Of Wealth'

Stocktwits • 2026-07-16T13:51:31Z

Fresh Ethereum Wallets Buy 50,000 ETH as ETH/BTC Ratio Jumps 6%

BeInCrypto • 2026-07-16T04:38:20Z

Period:

Income Statement (Annual)

Metric	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Revenue
Reconciled Cost Of Revenue	$5,785,000	$3,473,000	$422,808	$553,574
Cost Of Revenue	$5,785,000	$3,473,000	$422,808	$556,699
Total Revenue	$6,095,000	$3,310,000	$645,278	$427,669
Operating Revenue	$6,095,000	$3,310,000	$645,278	$427,669
Expenses
Interest Expense	$245,000	$269,000	$97,460	$291,049
Total Expenses	$368,728,000	$5,752,000	$2,953,571	$2,130,317
Other Income Expense	$803,749,000	$-637,000	$-87,852	$-11,535
Other Non Operating Income Expenses	$805,008,000	-	$16,939	-
Net Non Operating Interest Income Expense	$-244,000	$-214,000	$-68,740	$-291,049
Interest Expense Non Operating	$245,000	$269,000	$97,460	$291,049
Operating Expense	$362,943,000	$2,279,000	$2,530,763	$1,573,618
Other Operating Expenses	$348,959,000	$1,293,352	$985,537	$489,096
General And Administrative Expense	$13,984,000	$2,279,000	$859,971	$1,084,522
Selling And Marketing Expense	-	$0	$214,550	-
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$348,577,000	$-3,293,000	$-2,464,884	$-2,005,233
Net Interest Income	$-244,000	$-214,000	$-68,740	$-291,049
Interest Income	$1,000	$55,000	$28,720	$0
Normalized Income	$348,561,971	$-2,967,000	$-2,360,093	$-1,993,698
Net Income From Continuing And Discontinued Operation	$348,577,000	$-3,293,000	$-2,464,884	$-2,005,233
Total Operating Income As Reported	$444,211,000	$-2,448,000	$-2,413,083	$-1,714,184
Net Income Common Stockholders	$328,161,000	$-3,293,000	$-2,464,884	$-2,005,233
Net Income	$348,577,000	$-3,293,000	$-2,464,884	$-2,005,233
Net Income Including Noncontrolling Interests	$348,577,000	$-3,293,000	$-2,464,886	$-2,005,232
Net Income Continuous Operations	$348,577,000	$-3,293,000	$-2,464,886	$-2,005,232
Pretax Income	$440,872,000	$-3,293,000	$-2,464,886	$-2,005,232
Special Income Charges	$19,000	$-326,000	$-104,791	$-11,535
Earnings From Equity Interest	$-1,278,000	$-311,000	$0	-
Interest Income Non Operating	$1,000	$55,000	$28,720	$0
Operating Income	$-362,633,000	$-2,442,000	$-2,308,294	$-1,702,648
Gross Profit	$310,000	$-163,000	$222,469	$-129,030
Depreciation Amortization Depletion Income Statement	-	$923,545	$470,705	$0
Depreciation And Amortization In Income Statement	-	$923,545	$470,705	$0
Depreciation Income Statement	-	$923,545	$470,705	$0
Per Share
Diluted EPS	$13.39	$-1.32	$-1.00	$-1.00
Basic EPS	$13.60	$-1.32	$-1.00	$-1.00
Other
Tax Effect Of Unusual Items	$3,971	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$441,859,000	$-1,774,000	$-1,791,930	$-1,699,523
Total Unusual Items	$19,000	$-326,000	$-104,791	$-11,535
Total Unusual Items Excluding Goodwill	$19,000	$-326,000	$-104,791	$-11,535
Reconciled Depreciation	$761,000	$924,000	$470,705	$3,125
EBITDA (Bullshit earnings)	$441,878,000	$-2,100,000	$-1,896,721	$-1,711,058
EBIT	$441,117,000	$-3,024,000	$-2,367,426	$-1,714,183
Diluted Average Shares	$24,515,226	$2,493,931	$2,452,798	$2,155,384
Basic Average Shares	$24,137,713	$2,493,931	$2,452,798	$2,155,384
Diluted NI Availto Com Stockholders	$328,161,000	$-3,293,000	$-2,464,884	$-2,005,233
Otherunder Preferred Stock Dividend	$17,455,000	$0	-	-
Preferred Stock Dividends	$2,961,000	-	-	-
Tax Provision	$92,295,000	$0	-	-
Gain On Sale Of Ppe	$2,220,000	$114,000	$21,682	$0
Other Special Charges	$289,000	$320,000	-	-
Impairment Of Capital Assets	$1,912,000	$120,000	$126,473	$11,535
Selling General And Administration	$13,984,000	$2,279,000	$1,074,521	$1,084,522
Other Gand A	$13,984,000	$2,279,000	$501,331	$1,084,522
Gain On Sale Of Security	-	$-311,313	$21,682	-
Salaries And Wages	-	$452,247	$358,640	-
Write Off	-	-	$3,523	$11,535

Fetched: 2026-07-08

Balance Sheet (Annual)

Metric	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Assets
Net Tangible Assets	$8,692,797,000	$4,086,000	$6,257,365	$7,382,772
Total Assets	$8,795,053,000	$7,282,000	$8,202,806	$7,974,201
Total Non Current Assets	$8,282,046,000	$5,736,000	$7,323,346	$7,085,256
Other Non Current Assets	$8,281,530,000	$683,000	-	-
Current Assets	$513,007,000	$1,546,000	$879,460	$888,945
Prepaid Assets	$498,000	$673,000	$105,000	$5,000
Receivables	$510,000	$374,000	$374,444	$491,395
Other Receivables	$510,000	$374,000	-	-
Cash Cash Equivalents And Short Term Investments	$511,999,000	$499,000	$270,547	$392,550
Cash And Cash Equivalents	$511,999,000	$499,000	$270,547	$392,550
Cash Equivalents	$511,999,000	$499,000	$270,547	$392,550
Cash Financial	$511,999,000	$499,000	$270,547	$392,550
Non Current Note Receivables	-	$280,834	$1,386,749	$532,345
Non Current Accounts Receivable	-	$281,000	-	-
Other Current Assets	-	$14,965	$129,469	-
Notes Receivable	-	$374,444	$374,444	$491,395
Goodwill And Other Intangible Assets	-	-	$129,469	$21,434
Other Intangible Assets	-	-	$129,469	$21,434
Debt
Net Debt	-	$1,126,000	$1,029,453	-
Total Debt	-	$1,625,000	$1,300,000	-
Current Debt And Capital Lease Obligation	-	$1,625,000	$1,300,000	-
Current Debt	-	$1,625,000	$1,300,000	-
Other Current Borrowings	-	$1,625,000	$1,300,000	-
Liabilities
Total Liabilities Net Minority Interest	$102,256,000	$3,196,000	$1,945,441	$569,995
Total Non Current Liabilities Net Minority Interest	$92,295,000	$65,000	$386,884	$252,321
Non Current Deferred Liabilities	$92,295,000	$65,000	$386,884	$252,322
Non Current Deferred Taxes Liabilities	$92,295,000	$0	-	-
Current Liabilities	$9,961,000	$3,131,000	$1,558,557	$317,674
Current Deferred Liabilities	$1,067,000	$790,000	$86,193	$232,913
Payables And Accrued Expenses	$8,894,000	$716,000	$172,364	$84,761
Other Current Liabilities	-	$-1	-	-
Interest Payable	-	$315,609	$97,460	$0
Payables	-	$400,584	$74,904	$84,761
Accounts Payable	-	$400,584	$74,904	$84,761
Other Non Current Liabilities	-	-	-	$-1
Equity
Common Stock Equity	$8,692,797,000	$4,086,000	$6,257,320	$7,404,161
Total Equity Gross Minority Interest	$8,692,797,000	$4,086,000	$6,257,365	$7,404,206
Stockholders Equity	$8,692,797,000	$4,086,000	$6,257,365	$7,404,206
Retained Earnings	$337,392,000	$-8,224,000	$-4,931,450	$-2,466,566
Preferred Stock Equity	-	$45	$45	$45
Long Term Equity Investment	-	$667,707	$987,429	$0
Other
Ordinary Shares Number	$234,714,000	$2,495,630	$2,483,282	$2,430,345
Share Issued	$234,714,000	$2,495,630	$2,483,282	$2,430,345
Tangible Book Value	$8,692,797,000	$4,086,000	$6,257,320	$7,382,727
Invested Capital	$8,692,797,000	$5,711,000	$7,557,320	$7,404,161
Working Capital	$503,046,000	$-1,585,000	$-679,097	$571,271
Total Capitalization	$8,692,797,000	$4,086,000	$6,257,365	$7,404,206
Additional Paid In Capital	$8,355,382,000	$12,310,000	$11,183,803	$9,865,866
Capital Stock	$23,000	$0	$5,012	$4,906
Common Stock	$23,000	$0	$4,967	$4,861
Preferred Stock	$0	$0	$45	$45
Non Current Deferred Revenue	$0	$65,000	$386,884	$252,322
Current Deferred Revenue	$1,067,000	$790,000	$86,193	$232,913
Current Accrued Expenses	$8,894,000	$716,000	$97,460	$0
Net PPE	$516,000	$4,772,000	$4,949,168	$6,531,477
Accumulated Depreciation	$-153,000	$-1,394,000	$-470,705	$-3,125
Gross PPE	$669,000	$6,166,000	$5,419,873	$6,534,602
Other Properties	$669,000	$6,166,000	$5,419,873	$6,534,602
Properties	$369,000	$3,094,000	-	-
Investments And Advances	-	$667,707	$987,429	$0
Investmentsin Joint Venturesat Cost	-	$667,707	$987,429	$0
Machinery Furniture Equipment	-	-	$253,751	-

Fetched: 2026-07-08

Cash Flow Statement (Annual)

Metric	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Free Cash Flow
Free Cash Flow	$-5,214,000	$-106,000	$-1,422,003	$-4,396,549
Operating Activities
Operating Cash Flow	$-4,149,000	$-30,000	$-809,715	$-1,629,243
Cash Flow From Continuing Operating Activities	$-4,149,000	$-28,000	$-809,714	$-1,629,244
Operating Gains Losses	$-653,000	$343,000	-	-
Investing Activities
Capital Expenditure	$-1,065,000	$-76,000	$-612,288	$-2,767,306
Investing Cash Flow	$-7,432,009,000	$-67,000	$-612,288	$-2,767,306
Cash Flow From Continuing Investing Activities	$-7,432,009,000	$-68,000	$-612,288	$-2,767,306
Net Other Investing Changes	-	$1,000	-	-
Financing Activities
Issuance Of Capital Stock	$7,948,276,000	$0	$0	$1,812,500
Financing Cash Flow	$7,947,659,000	$325,000	$1,300,000	$4,570,363
Cash Flow From Continuing Financing Activities	$7,947,659,000	$325,000	$1,300,000	$4,570,363
Net Preferred Stock Issuance	$225,000	$0	-	-
Preferred Stock Issuance	$225,000	$0	-	-
Net Common Stock Issuance	$7,948,051,000	$0	$0	$1,812,500
Common Stock Issuance	$7,948,051,000	$0	$0	$1,812,500
Other
Repayment Of Debt	$-1,902,000	$0	-	-
Issuance Of Debt	$1,285,000	$325,000	$1,300,000	$2,757,863
End Cash Position	$511,999,000	$499,000	$270,547	$392,550
Beginning Cash Position	$499,000	$270,000	$392,550	$218,737
Changes In Cash	$511,500,000	$229,000	$-122,003	$173,813
Net Issuance Payments Of Debt	$-617,000	$325,000	$1,300,000	$2,757,863
Net Short Term Debt Issuance	$-617,000	$325,000	$1,300,000	$2,757,863
Short Term Debt Payments	$-1,902,000	$0	-	-
Short Term Debt Issuance	$1,285,000	$325,000	$1,300,000	$2,757,863
Net Investment Purchase And Sale	$-7,430,944,000	$0	-	-
Sale Of Investment	$2,187,000	$0	-	-
Purchase Of Investment	$-7,433,131,000	$0	-	-
Net Business Purchase And Sale	$0	$8,000	$0	-
Sale Of Business	$0	$8,000	$0	-
Net PPE Purchase And Sale	$-1,065,000	$-76,000	$-612,288	$-2,767,306
Purchase Of PPE	$-1,065,000	$-76,000	$-612,288	$-2,767,306
Change In Working Capital	$98,870,000	$790,000	$-256,529	$-483,860
Change In Other Working Capital	$92,508,000	$704,000	$-12,158	$485,234
Change In Other Current Assets	$-2,515,000	$-225,000	$-108,035	$-21,434
Change In Payables And Accrued Expense	$8,699,000	$507,000	$87,602	$81,081
Change In Accrued Expense	$8,699,000	$507,000	$97,460	$0
Change In Prepaid Assets	$178,000	$-570,000	$-100,000	$-5,000
Change In Receivables	$0	$374,000	$-123,938	$-1,023,741
Other Non Cash Items	$348,967,000	$-37,000	$-1	$1
Stock Based Compensation	$2,425,000	$1,123,000	$1,318,044	$856,724
Unrealized Gain Loss On Investment Securities	$-805,008,000	$0	-	-
Asset Impairment Charge	$1,912,000	$120,000	$122,950	$0
Depreciation Amortization Depletion	$761,000	$924,000	$470,705	$3,125
Depreciation And Amortization	$761,000	$924,000	$470,705	$3,125
Depreciation	$761,000	$924,000	$470,705	$3,125
Earnings Losses From Equity Investments	$1,278,000	$311,000	$0	-
Gain Loss On Investment Securities	$-3,748,000	-	-	-
Gain Loss On Sale Of PPE	$1,528,000	$32,000	$0	-
Net Income From Continuing Operations	$348,577,000	$-3,293,000	$-2,464,884	$-2,005,233
Change In Interest Payable	-	$218,149	$97,460	$0
Change In Payable	-	$374,616	$-9,858	$81,081
Change In Account Payable	-	$374,616	$-9,858	$81,081

Fetched: 2026-07-08