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BMNR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
19.139
Open
19.090
VWAP
18.60
Vol
52.36M
Mkt Cap
8.36B
Low
18.280
Amount
974.01M
EV/EBITDA(TTM)
--
Total Shares
454.86M
EV
7.48B
EV/OCF(TTM)
--
P/S(TTM)
--
Bitmine Immersion Technologies Inc. is a Bitcoin (BTC) and Ethereum (ETH) network company, focusing on the accumulation of Crypto for long-term investment. The Company’s business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies, and general Bitcoin advisory to public companies. Its business integrates a digital asset treasury anchored in ETH with an operating platform historically focused on BTC mining and hosting. Through its legacy mining-as-a-service business, it provided turnkey infrastructure and management solutions for institutional clients seeking BTC mining exposure without direct operational obligations. The mining-as-a-services include hardware sales and deployment support; operations management, uptime maximization, and pool payout optimization; and financial reporting and compliance support.
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Events Timeline

(ET)
2026-03-27
10:31:00
Coinbase and Better Launch Token-Backed Mortgages
select
2026-03-25 (ET)
2026-03-25
11:50:00
Circle Plunges 20% Amid Proposed Stablecoin Legislation
select
2026-03-25
08:40:00
Bitmine Launches MAVAN for Ethereum Staking
select
2026-03-20 (ET)
2026-03-20
13:21:00
Mastercard to Acquire BVNK for Up to $1.8B
select
2026-03-17 (ET)
2026-03-17
12:20:00
Strategy and Bitmine Lead Major Accumulation in Bitcoin and Ethereum
select

News

seekingalpha
8.5
03-27seekingalpha
PinnedBitmine Acquires Pier Two to Enhance Ethereum Staking Capacity
  • Strategic Acquisition: Bitmine Immersion Technologies has officially acquired leading non-custodial validator operator Pier Two to power its newly launched MAVAN (Made in America Validator Network), enabling Bitmine to capture the full stack of Ethereum rewards by integrating Pier Two's infrastructure.
  • Full-Stack Reward Capture: This acquisition allows Bitmine to transition its massive treasury away from third-party providers, combining its $6.8 billion staked ETH position with Pier Two's institutional-grade infrastructure, thereby enhancing its revenue potential.
  • Annualized Reward Projections: Following full integration, Bitmine projects its annualized staking rewards to approach $300 million, reflecting not only its ambitions in the Ethereum staking market but also its competitive edge within the industry.
  • Market Leadership: Through this acquisition, Bitmine aims to become the world's largest Ethereum staking platform, further solidifying its leadership position in the rapidly evolving cryptocurrency market and attracting more investor interest in its business growth.
moomoo
4.5
03-26moomoo
US Pre-market Stock Update: Cryptocurrency Stocks Mostly Decline, BMNR Falls More Than 4%
  • Market Decline: U.S. pre-market cryptocurrency-related stocks experienced a decline across the board, indicating a negative trend in the market.

  • Notable Stock Drops: Significant drops were observed in various stocks, including Bitmine (down 4.05%), Sharplink Gaming (down 3.98%), and Circle (down 3.04%).

  • Additional Stock Performance: Other stocks such as Bullish (down 2.97%), Riot Platforms (down 2.90%), and Mara Holdings (down 2.78%) also reported losses.

  • MicroStrategy's Decline: MicroStrategy saw a decrease of 2.11%, contributing to the overall downturn in cryptocurrency-related stocks.

Yahoo Finance
8.5
03-25Yahoo Finance
Bitmine Launches MAVAN, Targeting Institutional Ethereum Staking
  • Platform Launch: Bitmine has introduced MAVAN, an Ethereum staking platform built on its existing validator infrastructure, targeting custodians, exchanges, and institutional investors seeking U.S.-based validator support, thereby expanding its market presence.
  • Staking Scale: Bitmine currently holds 4.66 million ETH, representing 3.86% of the total supply, with 3.14 million ETH already staked, valued at approximately $6.8 billion at current prices, highlighting its significant position within the Ethereum ecosystem.
  • Migration Plans: Over the past week, the company staked 101,776 ETH worth about $219 million to MAVAN and plans to migrate nearly all remaining unstaked ETH to the platform in the coming weeks, which is expected to significantly enhance its staked asset base.
  • Yield Projections: Once fully migrated, Bitmine projects annual staking rewards of nearly $300 million based on a 2.83% seven-day yield, which will provide substantial cash flow and strengthen its competitive position in the market.
seekingalpha
8.5
03-25seekingalpha
Bitmine Launches Institutional-Grade Ethereum Staking Platform
  • Platform Launch: Bitmine Immersion Technologies has introduced its proprietary Ethereum staking platform, MAVAN, which combines U.S.-based infrastructure with a globally distributed architecture to meet institutional client needs, positioning it to become the largest Ethereum staking platform worldwide.
  • Market Leadership: As the largest holder of Ethereum globally, Bitmine plans to rapidly expand its market share following the launch of MAVAN, with intentions to broaden its reach into additional proof-of-stake networks and critical blockchain infrastructure by 2026.
  • Staking Scale: As of March 24, 2026, Bitmine's total staked Ethereum reached 3,142,643 tokens, valued at approximately $6.8 billion based on a price of $2,148 per ETH, demonstrating its formidable presence in the market.
  • Future Development: Bitmine aims to increase investments in areas such as on-chain vaults and post-quantum client development over the coming years, further solidifying its leadership position in blockchain technology.
stocktwits
5.0
03-25stocktwits
Tom Lee Claims MAVAN Will Become the 'World's Largest Ethereum Staking Platform' – BMNR Stock Rises in Pre-Market Trading
  • Company Announcement: Shares of Tom Lee-backed Bitmine Technologies (BMNR) rose in pre-market trading following the announcement of its long-awaited Made in America Validator Network (MAVAN) launch.

  • Project Expansion: Originally developed to assist Bitmine in holding its own Ethereum (ETH) assets, the company is now expanding MAVAN's scope to include institutional investors, custodians, and other ecosystem partners.

  • Market Position: Bitmine, being the largest owner of Ethereum globally, aims for MAVAN to become the largest Ethereum staking platform in the world.

  • Future Plans: The company plans to expand its efforts across additional proof-of-stake networks and critical blockchain infrastructure through 2026, focusing on areas like on-chain vaults and post-quantum client development.

moomoo
5.0
03-25moomoo
BITMINE INTRODUCES MAVAN (MADE IN AMERICA VALIDATOR NETWORK), A CUSTOM INSTITUTIONAL-LEVEL ETHEREUM STAKING PLATFORM
  • Launch Announcement: The launch of MAVAN, a proprietary institutional-grade Ethereum staking platform, has been announced.

  • Network Validation: MAVAN is designed to operate on the Made in America validator network, focusing on enhancing Ethereum staking capabilities.

Wall Street analysts forecast BMNR stock price to rise
2 Analyst Rating
Wall Street analysts forecast BMNR stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
39.00
Averages
43.00
High
47.00
Current: 0.000
sliders
Low
39.00
Averages
43.00
High
47.00
B. Riley
B. Riley
Buy
maintain
$30 -> $33
AI Analysis
2026-03-26
New
Reason
B. Riley
B. Riley
Price Target
$30 -> $33
AI Analysis
2026-03-26
New
maintain
Buy
Reason
B. Riley raised the firm's price target on Bitmine Immersion to $33 from $30 and keeps a Buy rating on the shares. BitMine Immersion launched MAVAN, its institutional-grade Ethereum staking platform, marking a key shift from passive ETH treasury management to active staking infrastructure, with about 67% of holdings already staked and potential annualized rewards of roughly $285M at full deployment, the analyst tells investors in a research note. Early adoption has been strong, and management plans to expand MAVAN to additional chains and services, supporting incremental revenue, diversification, and upside to the company's below-target multiple, B. Riley adds.
B. Riley
Buy
downgrade
$47 -> $30
2026-02-23
Reason
B. Riley
Price Target
$47 -> $30
2026-02-23
downgrade
Buy
Reason
B. Riley lowered the firm's price target on Bitmine Immersion to $30 from $47 and keeps a Buy rating on the shares. Price targets for covered Digital Asset Treasuries are being updated to reflect the current market environment, where most DATs largely track their underlying crypto assets, the analyst tells investors in a research note. Firms that diversify into fee-generating or operational businesses-such as staking, lending, custody, or trading infrastructure-tend to have more durable valuations, as recurring revenue can partially hedge against crypto volatility and support stable cash-flow-based multiples, the firm says.
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Valuation Metrics

The current forward P/E ratio for Bitmine Immersion Technologies Inc (BMNR.A) is 0.00, compared to its 5-year average forward P/E of -166.38. For a more detailed relative valuation and DCF analysis to assess Bitmine Immersion Technologies Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-166.38
Current PE
0.00
Overvalued PE
62.24
Undervalued PE
-395.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1090.62
Current PS
1619.76
Overvalued PS
1777.87
Undervalued PS
403.38

Financials

AI Analysis
Annual
Quarterly

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Whales Holding BMNR

H
Himension Capital (Singapore) Pte Ltd
Holding
BMNR
-4.70%
3M Return
I
IMC Trading B.V.
Holding
BMNR
-5.80%
3M Return
Q
Quadrature Capital Limited
Holding
BMNR
-6.04%
3M Return
H
Hudson Bay Capital Management LP
Holding
BMNR
-7.22%
3M Return
C
Certuity, LLC
Holding
BMNR
-9.18%
3M Return
C
Cantor Fitzgerald Asset Management
Holding
BMNR
-9.62%
3M Return

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Frequently Asked Questions

What is Bitmine Immersion Technologies Inc (BMNR) stock price today?

The current price of BMNR is 18.39 USD — it has decreased -5.55

What is Bitmine Immersion Technologies Inc (BMNR)'s business?

Bitmine Immersion Technologies Inc. is a Bitcoin (BTC) and Ethereum (ETH) network company, focusing on the accumulation of Crypto for long-term investment. The Company’s business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies, and general Bitcoin advisory to public companies. Its business integrates a digital asset treasury anchored in ETH with an operating platform historically focused on BTC mining and hosting. Through its legacy mining-as-a-service business, it provided turnkey infrastructure and management solutions for institutional clients seeking BTC mining exposure without direct operational obligations. The mining-as-a-services include hardware sales and deployment support; operations management, uptime maximization, and pool payout optimization; and financial reporting and compliance support.

What is the price predicton of BMNR Stock?

Wall Street analysts forecast BMNR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMNR is43.00 USD with a low forecast of 39.00 USD and a high forecast of 47.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Bitmine Immersion Technologies Inc (BMNR)'s revenue for the last quarter?

Bitmine Immersion Technologies Inc revenue for the last quarter amounts to 2.29M USD, increased 90.95

What is Bitmine Immersion Technologies Inc (BMNR)'s earnings per share (EPS) for the last quarter?

Bitmine Immersion Technologies Inc. EPS for the last quarter amounts to -15.98 USD, increased 862.65

How many employees does Bitmine Immersion Technologies Inc (BMNR). have?

Bitmine Immersion Technologies Inc (BMNR) has 3 emplpoyees as of March 30 2026.

What is Bitmine Immersion Technologies Inc (BMNR) market cap?

Today BMNR has the market capitalization of 8.36B USD.