BMNR

BitMine Immersion Technologies Inc Price

BMNR
$22,22
-$0,33(-%1,46)

*Data last updated: 2026-04-21 19:29 (UTC+8)

As of 2026-04-21 19:29, BitMine Immersion Technologies Inc (BMNR) is priced at $22,22, with a total market cap of $10,24B, a P/E ratio of 30,20, and a dividend yield of %0,04. Today, the stock price fluctuated between $21,89 and $22,76. The current price is %1,50 above the day's low and %2,37 below the day's high, with a trading volume of 34,69M. Over the past 52 weeks, BMNR has traded between $3,92 to $161,00, and the current price is -%86,19 away from the 52-week high.

BMNR Key Stats

Yesterday's Close$22,95
Market Cap$10,24B
Volume34,69M
P/E Ratio30,20
Dividend Yield (TTM)%0,04
Dividend Amount$0,01
Diluted EPS (TTM)19,08
Net Income (FY)$348,57M
Revenue (FY)$6,09M
Earnings Date2026-07-02
EPS Estimate0,07
Revenue Estimate$54,60M
Shares Outstanding446,52M
Beta (1Y)1.4926343
Ex-Dividend Date2025-12-08
Dividend Payment Date2025-12-29

About BMNR

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.
SectorFinancial Services
IndustryFinancial - Capital Markets
CEOChi Tsang
HeadquartersLas Vegas,NV,US
Official Websitehttps://bitminetech.io
Employees (FY)3,00
Average Revenue (1Y)$2,03M
Net Income per Employee$116,19M

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BitMine Immersion Technologies Inc (BMNR) Latest News

2026-04-15 08:05

Bitmine Immersion Technologies Reports $3.82B Quarterly Loss Despite Revenue Surge to $11M

Gate News message, April 15 — Bitmine Immersion Technologies (BMNR) reported a net loss of $3.82 billion for the quarter ending February 28, 2026, according to its latest 10-Q filing (quarterly earnings report). This represents a dramatic increase from losses of $1.15 million during the same period a year earlier, driven primarily by $3.78 billion in unrealized losses on its digital asset holdings. Over a six-month period, cumulative losses exceeded $9 billion. Despite the losses, BMNR continues its aggressive Ethereum accumulation strategy, now holding approximately 4.87 million ETH valued at around $10.7 billion, making it the largest corporate Ethereum holder globally. The company's average acquisition price stands at $2,206 per ETH. Quarterly revenue surged to $11.04 million, up sharply from $1.5 million a year earlier, with the majority coming from staking rewards. With over 68% of its ETH holdings staked, the company projects annualized revenue of approximately $212 million based on current yield levels. Chairman Tom Lee stated the firm views current market conditions as an opportunity and believes Ethereum is approaching the end of a "mini crypto winter." BMNR stock closed down 0.14% at $21.48 on the day, showing a relatively muted reaction to the earnings report.

2026-04-10 15:08

Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.

Gate News message, April 10, a well-known market analyst Tom Lee posted that there are increasingly more signs indicating the bottom has already formed, even though the overall market still widely remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that outperformed during the U.S.-Iran war. He noted that Ethereum and BMNR are among the top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have proven themselves to be a store of value during wartime.

2026-04-09 01:32

U.S. stock market close: Crypto sector broadly rises, with ABTC up more than 10%

Gate News message, April 9th. Yesterday, the U.S. stock market closed higher: the Dow Jones Industrial Average rose 2.85%, the S&P 500 Index rose 2.51%, and the Nasdaq rose 2.8%. The crypto sector rose across the board, with ABTC up more than 10.63%, BMNR up more than 6.69%, MARA up more than 6.03%, MSTR up more than 3.7%, and SBET up more than 2.88%. According to data from msx.com.

2026-04-07 10:31

Pre-market U.S. stock trading: Crypto-related stocks broadly fell, with MSTR down 1.27%

Gate News message, April 7, according to msx.com data, U.S. stock pre-market crypto-related stocks were generally down. Among them, CRCL fell 0.41%, MSTR fell 1.27%, SBET fell 1.1%, and BMNR fell 1.53%. It is said that msx.com is a decentralized RWA trading platform that has already listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.

2026-04-02 07:31

BitMine jumps 12% but hides risks! Short sellers squeeze to dominate the market; $21 is the key watershed

Gate News update: BitMine Immersion Technologies (BMNR) shares surged 12% on March 31, 2026, closing at $19.78 and setting the largest single-day gain in recent history. The rally—combined with the positive news that B. Riley raised its price target to $33—briefly improved market sentiment, but structural risks have not been eliminated. From derivatives data, this upswing looks more like a short squeeze than a push from new capital. The put/call options volume ratio fell sharply from 1.04 to 0.52, while open interest was largely unchanged, indicating that a large number of short positions were closed passively, driving the stock price higher without strong support from new long entries. This kind of move typically has limited follow-through; if shorts rebuild positions afterward, the rebound may face resistance. On the fundamentals side, the company has recently increased its Ethereum holdings for five consecutive weeks, bringing total holdings to 4.73 million ETH, or about 3.92% of circulating supply. At the same time, its staking platform, MAVAN, has put about 67% of its assets into staking, with an estimated annualized return of up to $285 million. Combined with a short-term rebound in Ethereum prices, this is expected to provide support to the company’s balance sheet. However, the capital flow indicator Chaikin Money Flow (CMF) remains in negative territory, showing that institutional capital has not meaningfully returned; the current rally lacks long-term capital backing. From a technical perspective, BMNR is still constrained by a descending channel dating back to December 2025, and repeated attempts to break out have not succeeded. In terms of key price levels, $21.22 is the trend confirmation point: if it holds effectively, it could open upside room to $24.56 and potentially higher ranges. Conversely, if it breaks below $19.46, it would imply that rebound momentum has faded, increasing the risk of a further move down to $17.88. In the short term, BMNR’s price action will be highly dependent on Ethereum’s price momentum and expectations for staking yields. But if sustained capital inflows are lacking, the current rebound may still be only a temporary repair phase.

Hot Posts About BitMine Immersion Technologies Inc (BMNR)

BlackBullion_Alpha

BlackBullion_Alpha

9 hours ago
#BitcoinBouncesBack Tom Lee Reaffirms Crypto Winter Prediction as Bitmine Makes Largest ETH Purchase in 2026 Bitmine Immersion Technologies B BMNR bought 101,627 Ethereum tokens ETHUSD last week. This became their biggest weekly purchase in 2026. This latest acquisition brings the company's total ETH holdings to 4.976 million tokens. Bitmine's combined crypto and cash position also reached US$12.9 billion, according to an announcement on April 20. Tom Lee's Statement on the End of Crypto Winter Amid Bitmine's Largest ETH Purchase The purchase was also accompanied by a statement from Chairman Tom Lee, who conveyed that the decline in cryptocurrencies seems to be nearing its end, sooner than many expected. “Although many believe that the crypto winter will last until fall 2026, our view remains that the crypto winter is actually much closer to ending,” said Tom Lee. Lee linked his prediction about the end of the crypto winter to market history patterns. He explained that since 2015, previous crypto bear markets typically coincided with at least a 20% decline in equity values. The crypto market decline in 2025 occurred alongside a roughly 20% drop in the S&P 500. Meanwhile, the equity correction in 2026 was relatively mild, around 8%. This difference indicates that the current crypto market downturn is not supported by macroeconomic factors usually accompanying prolonged bear markets, so this bear market is expected to be shorter, with a quicker recovery. On-Chain Signals and ETF Strengthen Simultaneously On the other hand, on-chain signals and inflows into exchange-traded funds (ETF) also show bullish prospects for Ethereum. Ethereum reserves across all exchange platforms decreased to about 14.6 million ETH this week. According to CryptoQuant, this level is the lowest since 2016. The decline in Ethereum balances on exchanges reduces the available sell-side liquidity for traders. Ethereum spot ETFs also recorded their strongest weekly inflow since mid-January. The fund gained US$275.83 million for the week ending April 17. Adding to this outlook, an analyst highlighted that the number of Accumulating Addresses now surpasses Stable Whales, at 2,434 versus 2,410. This crossover indicates that institutions are actively building positions, not just waiting on the sidelines. “Whales are not only preparing capital but also actively executing orders and transferring assets to cold storage,” the post explained. Despite this positive sentiment, ETH price is still trading around US$2,306, about 53% below the all-time high in August 2025. The sustainability of Bitmine’s momentum and Lee’s analytical framework still depend on continued demand and broader market conditions.
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MarketWhisper

MarketWhisper

14 hours ago
![Bitmine buy crypto](https://img-cdn.gateio.im/social/moments-87a9b3933a-7ce536b395-8b7abd-badf29) Bitmine Immersion Technologies (BMNR) announced on April 20 that it purchased 101,627 Ethereum (ETH) last week, its largest single-week purchase since 2026, bringing its total ETH holdings to 4,976,000 ETH. Bitmine Chairman Tom Lee said publicly that the crypto winter is closer to ending than the market had expected. ### **Bitmine’s Details on Its Largest Single-Week ETH Purchase in 2026** According to Bitmine’s April 20, 2026 announcement, this week’s single-week purchase of 101,627 ETH is Bitmine’s largest weekly single purchase since 2026. After the purchase, the company’s total ETH holdings rose to 4,976,000 ETH (over 4% of ETH’s total supply), and its total holdings of crypto and cash reached $12.9 billion. ### **Tom Lee’s Market Analysis** Based on Bitmine Chairman Tom Lee’s public statement, he said: “Although many think the crypto winter may continue into the fall of 2026, we still believe the crypto winter is about to end.” Lee linked this argument to historical market patterns, noting that since 2015, past crypto bear markets have typically been accompanied by at least a 20% decline in the stock market. He said that the crypto decline in 2025 roughly matched the S&P 500’s drop of about 20%; meanwhile, the stock market pullback in 2026 was about 8%, which is relatively smaller. Lee concluded from this that the current crypto slump lacks the macro backdrop that historically supported prolonged long-term bear markets. ### **On-Chain ETH Data and ETF Flows** ![Ethereum exchange reserves](https://img-cdn.gateio.im/social/moments-87a9b3933a-52ed56f790-8b7abd-badf29) (Source: CryptoQuant) According to CryptoQuant data, this week, Ethereum exchange reserves across platforms fell to about 14.6 million ETH, the lowest level since 2016. Based on publicly available market data, for the week ending April 17, spot Ethereum ETFs recorded total net inflows of $275.83 million, the strongest single-week inflow since mid-January 2026. At the time of writing, ETH was trading at about $2,306, approximately 53% below its August 2025 all-time high. ### **Frequently Asked Questions** #### **How much ETH did Bitmine buy last week, and what is its total holdings now?** According to Bitmine’s April 20, 2026 announcement, Bitmine bought 101,627 ETH last week (its largest single-week purchase in 2026). After the purchase, its total ETH holdings rose to 4,976,000 ETH (more than 4% of ETH’s total supply), and its total holdings of crypto and cash reached $12.9 billion. #### **What is Tom Lee’s basis for saying the crypto winter is ending?** According to Tom Lee’s public statement, his basis is historical market patterns: since 2015, crypto bear markets have typically come with at least a 20% drop in the stock market; 2025 fits this condition, but the 2026 stock market pullback is only about 8%. Lee believes this difference indicates that the current downturn lacks the macro backdrop for a prolonged long-term bear market. #### **What is the data source for exchange reserves falling to the lowest level since 2016?** According to CryptoQuant data, this week, Ethereum exchange reserves across platforms fell to about 14.6 million ETH, the lowest level since 2016.
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