Bitmine Immersion Technologies, Inc. (BMNR) Stock Price & Analysis
Bitmine Immersion Technologies, Inc. (BMNR) fell 3.86% to USD 16.2 as of June 10, 2026 at 00:56 UTC, according to Nexqual real-time market data.
BMNR last closed at USD 16.85; the session ranged USD 15.47–16.91 on volume of 33,913,923 shares. Market capitalization is $9.23B, with a 52-week range of USD 3.92–161 (NYQ). Source: Nexqual, June 10, 2026 at 00:56 UTC.
Key Statistics (as of June 10, 2026 at 00:56 UTC)
| Price | USD 16.2 |
|---|---|
| Change | ▼ 3.86% (down) |
| Previous Close | USD 16.85 |
| Open | USD 16.5 |
| Day Range | USD 15.47 – 16.91 |
| 52-Week Range | USD 3.92 – 161 |
| Volume | 33,913,923 shares |
| Market Cap | $9.23B |
| Exchange | NYQ |
Technical Analysis (BMNR)
Nexqual's technical model rates BMNR "SELL" based on 1 bullish and 5 bearish signals across 124 daily candles, as of June 10, 2026 at 00:56 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.69 (neutral) |
| vs SMA50 | Below (USD 20.49) |
| MACD | -1.22 (negative) |
Analyst Ratings (BMNR)
Wall Street analysts rate BMNR "None" based on 3 analysts, with a mean price target of USD 37.33 (range USD 33–40), per Nexqual as of June 10, 2026 at 00:56 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 37.33 |
| High Target | USD 40 |
| Low Target | USD 33 |
| Buy / Hold / Sell | 3 / 0 / 0 |
Earnings (BMNR)
| Next Earnings Date | 2026-07-02 |
|---|---|
| EPS Estimate | USD 0.18 |
| Revenue Estimate | $57.50M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-02-28 | USD -0.08 vs est 0.17 ▼ miss |
| 2025-11-30 | USD -0.19 vs est 0.15 ▼ miss |
| 2025-08-31 | USD 16.01 vs est -0.1 ▲ beat |
Source: Nexqual, June 10, 2026 at 00:56 UTC.
Financials & Fundamentals (BMNR)
| Total Revenue | $16.71M |
|---|---|
| Revenue Growth (YoY) | +627.80% |
| Gross Margin | +66.59% |
| Operating Margin | -592.09% |
| Profit Margin | +0.00% |
| ROE | -175.88% |
| Debt / Equity | 0.01 |
| Current Ratio | 54.19 |
| Total Cash | $879.58M |
| Total Debt | $1.32M |
| Free Cash Flow | $-152.53M |
Source: Nexqual, June 10, 2026 at 00:56 UTC.
Financial Health Score (BMNR)
Nexqual rates Bitmine Immersion Technologies, Inc.'s overall financial health "Mixed" across five dimensions, as of June 10, 2026 at 00:56 UTC.
| Growth | Strong — Revenue +628% YoY (latest Q) |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $880M cash vs $1M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$153M, burning cash |
| Efficiency | Critical — ROE -176%, ROA -3.8% |
Ownership (BMNR)
| Insider Ownership | +0.78% |
|---|---|
| Institutional Ownership | +37.32% |
| Shares Outstanding | 569.58M |
| Float | 529.62M |
| Short % of Float | +4.63% |
Source: Nexqual, June 10, 2026 at 00:56 UTC.
Leadership (BMNR)
Bitmine Immersion Technologies, Inc. is led by Chi Tsang (age 55), CEO & Director, per Nexqual as of June 10, 2026 at 00:56 UTC.
| CEO & Director | Chi Tsang (age 55) |
|---|---|
| CFO, COO & Director | Young Kim |
Major Backers & Investors (BMNR)
Notable institutional backers of Bitmine Immersion Technologies, Inc. include ARK Invest, Morgan Stanley, Clear Street Group Inc., according to Nexqual as of June 10, 2026 at 00:56 UTC.
Active Investors
| Investor | Stake |
|---|---|
| ARK Invest | 42.86% |
| Morgan Stanley | 36.78% |
| Clear Street Group Inc. | 35.64% |
| Citadel | 30.03% |
| Marex Group Plc | 22.34% |
| Susquehanna International Group, LLP | 20.78% |
| Fidelity | 5.89% |
| Charles Schwab | 3.37% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 32.39% |
| Geode Capital | 14.05% |
Source: Nexqual, June 10, 2026 at 00:56 UTC.
From Bitmine Immersion Technologies, Inc.'s Latest SEC 10-K Filing (filed 2025-11-21)
Key Strengths & Strategy (as disclosed to the SEC)
- Through equity and other capital markets transactions, we provide investors with indirect exposure to ETH by deploying offering proceeds to acquire and manage ETH within our corporate treasury.   From 2021 through mid-2025, we built and operated sites utilizing immersion cooling, conducted self-mining, provided hosting/mining-as-a-service, leased, and sold equipment and related infrastructure.
Partnerships
- In July 2025, we established an at-the-market program (our "ATM Program") pursuant to our shelf registration statement, permitting sales of up to $20,000,000 of our common stock from time to time, subject to market conditions.
- Our results are now driven primarily by operating efficiency in a lower capex model and Ethereum market conditions, including their impact on client activity and the value of any ETH held in our treasury.   In June and July 2025, we strengthened our liquidity through an underwritten public offering of common stock, private placements, and the establishment of our ATM Program permitting sales of up to $20,000,000 of our common stock from time to time.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CRCL | Circle Internet Group, Inc. | USD 81.1 | ▲ 1.02% |
| IREN | IREN LIMITED | USD 54.02 | ▼ 0.61% |
| SBET | SharpLink, Inc. | USD 5.32 | ▲ 2.5% |
| CRWV | CoreWeave, Inc. | USD 98.45 | ▼ 1.93% |
| NBIS | Nebius Group N.V. | USD 220.12 | ▼ 3.38% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 00:56 UTC. This page is informational and not investment advice.