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US · BMNR

Bitmine Immersion Technologies, Inc.

Programmatic access: InvestorsCraft Valuation API · catalog

Sector
Financial Services · Financial - Capital Markets
Headquarters
Las Vegas, NV 89135

Price · as of 2025

$18.82

Market cap 10.5B

Valuation

MetricValueUpside
IC Value$267.03+1,319%
P/E29.58
P/B1.12
P/S1592.74
EV/EBITDA20.81
PEG
P/TBV1.12

Valuation history

Annual price overlaid with each model's fair value. Y-axis is log scale.

Annual price and model valuations for BMNR, USD per share
YearPriceAIICGraham-DoddGraham Formula
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025$40.22$40.80

Historic valuation ratios

Pick a category, then toggle metrics to compare.

USD millions

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        About Bitmine Immersion Technologies, Inc.

        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.

        CEO
        Chi Tsang
        Employees
        7
        Beta
        1.67

        Peer comparison

        Same-industry comparables, ranked by market cap.

        Scroll horizontally for additional metrics. Ticker column stays fixed.

        Peer comparison for BMNR: basic info, valuation models, ratios, profitability, leverage, growth, cash flow, dividends, enterprise value, and Altman Z-score.
        Basic InfoIC ValuationCore ValuationProfitabilityLeverage & LiquidityGrowthCash FlowDividendsEnterprise ValueRisk
        TickerCompany NamePriceMarket CapValueUpsideP/EP/BP/SEV/EBITDAPEGP/TBVGross MarginOperating MarginNet MarginROEROICROADebt/EquityInterest CoverageCurrent RatioQuick RatioNet Debt/EBITDAEPS GrowthSales GrowthFCF GrowthFCF YieldOp Cash Flow RatioCash ROICDividend YieldDividend PayoutShareholder YieldEV/EBITEV/FCFEV/SalesAltman Z-Score
        BMNRBitmine Immersion Technol…$18.8210.5B$40.80+117%29.581.121592.7420.811.125.09%7288.12%5719.06%7.55%8.58%7.46%0.001813.1151.5051.45-1.16-10251.52%84.12%4880.56%-0.05%-0.42-0.13%0.00%0.00%5.29%20.70-1763.671508.7457.25
        CIFRCipher Mining Inc.$18.717.65B$13.35-29%-6.536.6723.99-12.77-0.467.3828.40%-150.67%-367.17%-110.55%-18.28%-31.95%3.44-9.233.790.90-3.641435.71%48.04%206.54%-12.95%-0.30-37.85%0.00%0.00%1.67%-22.26-10.7933.540.94
        FHNFirst Horizon Corporation$26.1712.42B$46.68+78%10.701.192.117.8327.991.4567.32%25.70%19.72%11.13%15.06%1.18%0.520.820.960.952.7038.24%0.97%-21.98%9.08%0.0114.39%3.23%34.60%11.96%8.1710.962.100.24
        FRHCFreedom Holding Corp.$149.509.16B$62.14-58%58.115.984.079.2573.296.5372.17%32.63%7.00%11.34%-107.45%1.33%1.571.461.350.981.8379.29%7.76%-102.41%-0.43%0.028.45%0.00%0.00%0.00%9.70-181.763.171.22
        JEFJefferies Financial Group…$56.1911.43B$28.16-50%18.321.181.1520.891.4659.67%6.34%6.56%6.58%2.80%0.97%2.250.202.431.369.14-5.35%2.93%271.21%-13.66%-0.08-8.83%2.99%54.90%3.46%32.36-13.012.050.85
        MARAMarathon Digital Holdings…$11.244.29B$12.79+14%-704.440.953.65-11.710.95-47.73%-90.64%-144.58%-0.12%-12.34%-0.07%1.05-16.991.271.08-5.66-314.53%38.20%-66.43%-9.44%0.18-4.89%0.00%0.00%1.42%-7.79-20.527.060.04
        RIOTRiot Platforms, Inc.$21.508.13B$13.73-36%-7.211.677.39-101.791.88-15.64%-61.79%-102.43%-22.10%-11.70%-16.85%0.30-16.570.960.58-11.90-673.53%71.89%-49.14%-16.19%-1.22-22.65%0.00%0.00%0.09%-13.54-7.008.372.00
        STEPStepStone Group Inc.$49.826.43B$17.66-65%-6.79-8.561.78-4.22-4.09-2.9151.00%-51.33%-26.15%445.22%-3693.60%-9.19%-3.16-55.311.491.49-0.21165.87%69.69%6.74%1.80%0.03276.35%3.33%-22.60%3.57%-3.6458.341.870.17
        UMBFUMB Financial Corporation$146.8111.15B$68.54-53%11.851.081.8710.53760.751.5554.41%20.25%15.81%12.59%216.32%1.14%0.490.600.010.012.691.56%68.52%386.43%11.75%0.02292.87%1.63%19.30%3.22%12.4111.422.51-0.80
        WALWestern Alliance Bancorpo…$82.989.06B$20.71-75%7.420.961.39-0.1032.091.3361.10%22.88%18.37%13.80%39.81%1.14%0.850.660.170.172.1523.13%5.17%-1.15%-37.98%-0.03-112.24%2.51%18.70%3.45%-0.110.05-0.02-0.63
        XPXP Inc.$16.988.88B$55.42+226%8.842.052.6419.6948.832.3267.36%32.42%27.79%25.00%7.07%1.46%3.629.650.560.5611.9918.10%-8.21%9.10%24.57%0.1514.91%1.03%9.10%76.76%20.8210.406.750.06

        Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($267.03 ÷ $18.82) − 1 = +1,318.86% (IC, example).