Bitmine Immersion Technologies, Inc. logo

Bitmine Immersion Technologies, Inc.

TickerBMNRVenueUSSectorFinancial ServicesPrimary listingBeta1.56
Market cap
$12.3B
P/E (TTM)
n.m.
Negative TTM earnings
Dividend yield (TTM)
0.05%
ROE
-84.6%

Share price performance

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About Bitmine Immersion Technologies, Inc.

bitminetech.io

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Profile
Sector
Financial Services
Industry
Financial - Capital Markets
HQ
United States
Fiscal year-end
August
Trading currency
USD
Reporting currency
USD
Fundamentals updated
96 days ago
Market
Market cap
$12.3B
Shares outstanding
569.6M
Dividend yield (TTM)
0.05%
Beta (issuer)
1.56
Revenue (latest FY)
$6.1M

Revenue breakdown

FY 2024$3.3M
  • Hosting Revenue
    91.6%$3.0M
  • Revenue From Sale Of Mining Equipment
    7.0%$231.1K
  • Hosting Services
    1.5%$48.3K

Snapshot

Ownership

As of 2026-06-30
Institutional
55.6%
Insider
0.2%
Free float
93.0%
Top-5 institutional holders
23.1%
Shares outstanding
569.6M
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