Bitmine Immersion Technologies, Inc. logo

Bitmine Immersion Technologies, Inc.

BMNP

NYSEFinancial ServicesFinancial - Capital Markets

Regular session

$94.20

+$0.9402 · +1.01%

Aug 24, 12:26 PM ET

BMNP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

47

Fair Value

Momentum

41

Neutral

Sentiment

51

Mixed

Risk resilience

67

Moderate Risk

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Company profile

Company website

Bitmine Immersion Technologies, Inc. is a technology company focused on acquiring, holding, and actively managing ETH as its primary treasury reserve asset. It prioritizes digital ecosystem services, such as consultancy and advisory works. The company was founded on August 16, 1995 and is headquartered in Las Vegas, NV.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Chi Tsang
Listed since
Jun 16, 2026
Employees
3

Market position

Day range

Current $94.20

52-week range

Current $94.20

Open
$93.74
Previous close
$93.2598
Volume
48.41K
0.78× average
Average volume
62.22K
Average daily volume
Market cap
10.42B USD
Beta
0
Market reference 1
50-day average
$87.293
+7.91% above average
200-day average
$87.293
+7.91% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.02B USD
P/E (TTM)
-1.08×
P/B (TTM)
1.18×
P/S (TTM)
231.25×
EV / EBITDA
22.67×
Earnings yield
3.31%
Free cash flow yield
-0.05%
Dividend yield
0.04%

Profitability & efficiency

Gross margin
83.48%
Operating margin
-14514.00%
Net margin
-14306.56%
Return on equity
4.01%
Return on assets
3.96%
Return on invested capital
4.00%

Financial health

Debt / equity
Current ratio
51.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends8064%4961%1858%-1245%Gross margin, FY2022: -30.17%Gross margin, FY2023: 34.48%Gross margin, FY2024: 22.99%Gross margin, FY2025: 5.09%Operating margin, FY2022: -400.82%Operating margin, FY2023: -373.95%Operating margin, FY2024: -73.93%Operating margin, FY2025: 7288.12%Net margin, FY2022: -468.87%Net margin, FY2023: -381.98%Net margin, FY2024: -99.46%Net margin, FY2025: 5719.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 -30.17%. Gross margin FY2023 34.48%. Gross margin FY2024 22.99%. Gross margin FY2025 5.09%. Operating margin FY2022 -400.82%. Operating margin FY2023 -373.95%. Operating margin FY2024 -73.93%. Operating margin FY2025 7288.12%. Net margin FY2022 -468.87%. Net margin FY2023 -381.98%. Net margin FY2024 -99.46%. Net margin FY2025 5719.06%.

Income trends

Revenue

6.1M USD+84.12%

Operating income

444.21M USD+446.66M USD

Net income

348.58M USD+351.87M USD
Income trends across reported periods488.96M USD309.96M USD130.96M USD−48.04M USDRevenue, FY2022: 427.67K USDRevenue, FY2023: 645.28K USDRevenue, FY2024: 3.31M USDRevenue, FY2025: 6.1M USDOperating income, FY2021: −131.82K USDOperating income, FY2022: −1.71M USDOperating income, FY2023: −2.41M USDOperating income, FY2024: −2.45M USDOperating income, FY2025: 444.21M USDNet income, FY2021: −154.24K USDNet income, FY2022: −2.01M USDNet income, FY2023: −2.46M USDNet income, FY2024: −3.29M USDNet income, FY2025: 348.58M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 427.67K USD. Revenue FY2023 645.28K USD. Revenue FY2024 3.31M USD. Revenue FY2025 6.1M USD. Operating income FY2021 −131.82K USD. Operating income FY2022 −1.71M USD. Operating income FY2023 −2.41M USD. Operating income FY2024 −2.45M USD. Operating income FY2025 444.21M USD. Net income FY2021 −154.24K USD. Net income FY2022 −2.01M USD. Net income FY2023 −2.46M USD. Net income FY2024 −3.29M USD. Net income FY2025 348.58M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.1M USD3.31M USD645.28K USD427.67K USD
Cost of goods sold5.79M USD2.55M USD422.81K USD556.7K USD
Gross profit310K USD761.03K USD222.47K USD−129.03K USD
Selling, general, and administrative13.98M USD1.23M USD2.06M USD1.57M USD131.82K USD
Operating expenses−443.9M USD3.21M USD2.64M USD1.59M USD131.82K USD
Interest income1K USD54.62K USD28.72K USD
Interest expense245K USD268.58K USD97.46K USD291.05K USD22.42K USD
Depreciation and amortization761K USD923.55K USD470.71K USD3.13K USD131.82K USD
Operating income444.21M USD−2.45M USD−2.41M USD−1.71M USD−131.82K USD
Net income348.58M USD−3.29M USD−2.46M USD−2.01M USD−154.24K USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
2 beats, 2 misses, 0 met estimates
Average EPS surprise
-2654.61%
4 comparable reports
Latest EPS result
-0.15
Estimate -0.04 · Miss by 275.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates17.938.5-0.92-10.35Q3 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q3 2025, reported Jul 2, 2025: actual -0.3, estimate -0.31, surprise +3.23%, Beat. Q1 2026, reported Jan 13, 2026: actual 15.98, estimate 0.15, surprise +10553.33%, Beat. Q2 2026, reported Apr 14, 2026: actual -8.4, estimate -0.04, surprise -20900.00%, Miss. Q3 2026, reported Jul 14, 2026: actual -0.15, estimate -0.04, surprise -275.00%, Miss. Q4 2026, reported Nov 20, 2026: actual —, estimate 0.03, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates85.48M57.57M29.66M1.74MQ3 '25BeatQ1 '26MissQ2 '26MissQ3 '26MetQ4 '26Estimate
Q3 2025, reported Jul 2, 2025: actual 2.1M USD, estimate 2.05M USD, surprise +2.34%, Beat. Q1 2026, reported Jan 13, 2026: actual 2.3M USD, estimate 79.3M USD, surprise -97.10%, Miss. Q2 2026, reported Apr 14, 2026: actual 11M USD, estimate 19.4M USD, surprise -43.30%, Miss. Q3 2026, reported Jul 14, 2026: actual 46.5M USD, estimate 46.5M USD, surprise 0.00%, Met estimate. Q4 2026, reported Nov 20, 2026: actual —, estimate 65.35M USD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

DividendUpcoming

Ex-dividend Aug 25, 2026

$0.1583

Weekly

Record Aug 25, 2026 · Payment Sep 4, 2026

DividendUpcoming

Ex-dividend Sep 1, 2026

$0.1847

Weekly

Record Sep 1, 2026 · Payment Sep 11, 2026

DividendUpcoming

Ex-dividend Sep 8, 2026

$0.1847

Weekly

Record Sep 8, 2026 · Payment Sep 18, 2026

DividendUpcoming

Ex-dividend Sep 15, 2026

$0.1847

Weekly

Record Sep 15, 2026 · Payment Sep 25, 2026

DividendUpcoming

Ex-dividend Sep 22, 2026

$0.1847

Weekly

Record Sep 22, 2026 · Payment Oct 2, 2026

DividendUpcoming

Ex-dividend Sep 29, 2026

$0.1847

Weekly

Record Sep 29, 2026 · Payment Oct 9, 2026

BMNP peers

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