Bitmine Immersion Technologies, Inc. (BMNR) Stock Price & Analysis
Bitmine Immersion Technologies, Inc. (BMNR) fell 4.82% to USD 15.79 as of July 25, 2026 at 02:03 UTC, according to Nexqual real-time market data.
BMNR last closed at USD 16.59; the session ranged USD 15.52–16.6 on volume of 26,975,775 shares. Market capitalization is $9.52B, with a 52-week range of USD 12.8–71.74 (NYQ). Source: Nexqual, July 25, 2026 at 02:03 UTC.
Key Statistics (as of July 25, 2026 at 02:03 UTC)
| Price | USD 15.79 |
|---|---|
| Change | ▼ 4.82% (down) |
| Previous Close | USD 16.59 |
| Open | USD 16.59 |
| Day Range | USD 15.52 – 16.6 |
| 52-Week Range | USD 12.8 – 71.74 |
| Volume | 26,975,775 shares |
| Market Cap | $9.52B |
| Exchange | NYQ |
Technical Analysis (BMNR)
Nexqual's technical model rates BMNR "NEUTRAL" based on 2 bullish and 3 bearish signals across 125 daily candles, as of July 25, 2026 at 02:03 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 50.23 (neutral) |
| vs SMA50 | Below (USD 16.66) |
| MACD | 0.09 (positive) |
Analyst Ratings (BMNR)
Wall Street analysts rate BMNR "Strong Buy" based on 3 analysts, with a mean price target of USD 31.87 (range USD 25–40), per Nexqual as of July 25, 2026 at 02:03 UTC.
| Consensus Rating | Strong Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 31.87 |
| High Target | USD 40 |
| Low Target | USD 25 |
| Buy / Hold / Sell | 3 / 0 / 0 |
Earnings (BMNR)
| Next Earnings Date | 2026-07-15 |
|---|---|
| Revenue Estimate | $65.35M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-05-31 | USD -0.13 vs est 0.18 ▼ miss |
| 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, July 25, 2026 at 02:03 UTC.
Financials & Fundamentals (BMNR)
| Total Revenue | $61.20M |
|---|---|
| Revenue Growth (YoY) | +2167.80% |
| Gross Margin | +84.44% |
| Operating Margin | +8.42% |
| Profit Margin | +0.00% |
| ROE | -150.91% |
| Debt / Equity | 0.01 |
| Current Ratio | 36.68 |
| Total Cash | $340.29M |
| Total Debt | $1.32M |
| Free Cash Flow | $-518.10M |
Source: Nexqual, July 25, 2026 at 02:03 UTC.
Financial Health Score (BMNR)
Nexqual rates Bitmine Immersion Technologies, Inc.'s overall financial health "Weak" across five dimensions, as of July 25, 2026 at 02:03 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Strong — $340M cash vs $1M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$518M, burning cash |
| Efficiency | Critical — ROE -151%, ROA -3.2% |
Ownership (BMNR)
| Insider Ownership | +0.69% |
|---|---|
| Institutional Ownership | +33.48% |
| Shares Outstanding | 603.23M |
| Float | 594.74M |
| Short % of Float | +8.14% |
Source: Nexqual, July 25, 2026 at 02:03 UTC.
Leadership (BMNR)
Bitmine Immersion Technologies, Inc. is led by Chi Tsang (age 55), CEO & Director, per Nexqual as of July 25, 2026 at 02:03 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, Clear Street Group Inc., Morgan Stanley, according to Nexqual as of July 25, 2026 at 02:03 UTC.
Active Investors
| Investor | Stake |
|---|---|
| ARK Invest | 41.12% |
| Clear Street Group Inc. | 35.64% |
| Morgan Stanley | 33.58% |
| Citadel | 30.03% |
| Marex Group Plc | 22.34% |
| Susquehanna International Group, LLP | 20.78% |
| Fidelity | 5.71% |
| Charles Schwab | 3.37% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 33.4% |
| Geode Capital | 14.05% |
Source: Nexqual, July 25, 2026 at 02:03 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 62.36 | ▼ 5.74% |
| IREN | IREN LIMITED | USD 37.07 | ▼ 10.2% |
| SBET | SharpLink, Inc. | USD 5.81 | ▼ 8.07% |
| CRWV | CoreWeave, Inc. | USD 71.88 | ▼ 13.02% |
| NBIS | Nebius Group N.V. | USD 187.77 | ▼ 13.93% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: July 25, 2026 at 02:03 UTC. This page is informational and not investment advice.