Bitmine Immersion Technologies, Inc.

NYQ: BMNR
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📈 ZcoreAI Score

Our AI model analyzes Bitmine Immersion Technologies, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Bitmine Immersion Technologies, Inc.

Financial Services Capital Markets
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.

📊 Fundamental Analysis

Bitmine Immersion Technologies, Inc. demonstrates a profit margin of 0.0%, which is below the sector average, suggesting competitive pressure.

The company recently reported 90.9% revenue growth, which is well above average for the Financial Services sector.

Return on Equity (ROE) is -86.3%, which indicates that capital utilization is currently under pressure.

At a current price of $21.28, BMNR currently trades near the bottom of its 52-week range (11%), indicating potential value or weakness (Range: $3.92 - $161.00).

🏥 Financial Health

🔴 Profit Margin Weak
Revenue Growth Excellent
🔴 Return on Equity Weak
🔴 Beta (Risk) High Volatility

Key Financials

Market Cap
$9.69B
Trailing P/E
--
Forward P/E
22.64
Beta (5Y)
1.43
52W High
$161.00
52W Low
$3.92
Avg Volume
45.31M
Day High
Day Low
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