Bitmine Immersion Technologies, Inc. (BMNR) Research

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Market snapshot

Symbol
BMNR
Price
$16.14
Day change
+2.80%
Market cap
$8.7B
P/E ratio
-0.85x
52-week range
3.92-161
Sector
Financial Services
Industry
Financial - Capital Markets
Next earnings
in 13 days
Analyst price target
$39.00

Recent news

  • Bitcoin Is Stuck Near $64,000, But These Crypto Stocks Are Flashing Strong Momentum

    Bitcoin (CRYPTO: BTC) is pulling back near the $64,000 level, but some crypto-linked equities are telling a stronger story: Galaxy Digital Inc. (NASDAQ:GLXY) and BitMine Immersion Technologies Inc. (NYSE:BMNR) have climbed into top-tier momentum zones.

Peer companies

  • Cipher Mining Inc. (CIFR)
  • First Horizon Corporation (FHN)
  • Freedom Holding Corp. (FRHC)
  • Jefferies Financial Group Inc. (JEF)
  • Marathon Digital Holdings, Inc. (MARA)
  • Riot Platforms, Inc. (RIOT)
  • StepStone Group Inc. (STEP)
  • UMB Financial Corporation (UMBF)

Recent insider activity

  • Sechan II Robert J — M-Exempt (4749 shares) on 2026-04-23
  • Sechan II Robert J — M-Exempt (4749 shares) on 2026-04-23
  • Edgeworth Jason A — M-Exempt (4749 shares) on 2026-04-23
  • Edgeworth Jason A — M-Exempt (4749 shares) on 2026-04-23
  • Howe Olivia — M-Exempt (4749 shares) on 2026-04-23

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