Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc.

BMNR·AMEX

$21.52

+6.7%
Financial ServicesFinancial - Capital Markets

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the company offers data centers, which provides power, racks, proprietary thermodynamic management, redundant connectivity, and security services, as well as software, which provides infrastructure management and custom firmware. 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.

At a Glance

Live Snapshot
Market Cap$9.79B
EPS1.3600
P/E Ratio15.82
Earnings Date04/14/2026
bmnr

Bitmine Immersion Technologies, Inc. Street Expectations Map

BMNR · AMEX

Wall Street analysts project that BMNR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 39.00, with estimates ranging from a low of 39.00 to a high of 39.00.

Lowest Target
39.00
81.23%
Consensus Target
39.00
81.23%
Highest Target
39.00
81.23%

The consensus 1-year price target stands at 39.00, with estimates ranging from a low of 39.00 to a high of 39.00.

Analyst Consensus Analysis

Upside Potential

+81.2%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of Revenue

BMNR · AMEX
Latest Revenue
6.09M
FY 2025
Avg Estimate
258.95M
FY 2026
Estimate Range
241.20M - 276.70M
Analyst Spread

Forward Growth Analysis

Projected Growth+4148.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of Net Income

BMNR · AMEX
Latest Net Income
348.58M
FY 2025
Avg Estimate
-1.85B
FY 2026
Estimate Range
-2.02B - -1.69B
Analyst Spread

Forward Growth Analysis

Projected Growth-631.7%

Significant contraction projected—major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread18%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of EPS

BMNR · AMEX
Latest EPS
1.36
FY 2025
Avg Estimate
$-7.56
FY 2026
Estimate Range
$-8.23 - $-6.89
Analyst Spread

Forward Growth Analysis

Projected Growth-655.9%

Significant contraction projected—major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread18%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of EBIT

BMNR · AMEX
Latest EBIT
441.12M
FY 2025
Avg Estimate
-47.31M
FY 2026
Estimate Range
-50.55M - -44.07M
Analyst Spread

Forward Growth Analysis

Projected Growth-110.7%

Significant contraction projected—major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of EBITDA

BMNR · AMEX
Latest EBITDA
441.88M
FY 2025
Avg Estimate
-32.86M
FY 2026
Estimate Range
-35.11M - -30.61M
Analyst Spread

Forward Growth Analysis

Projected Growth-107.4%

Significant contraction projected—major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

bmnr

Bitmine Immersion Technologies, Inc. Forward Estimates of SG&A Expense

BMNR · AMEX
Latest SG&A Expense
13.98M
FY 2025
Avg Estimate
545.78M
FY 2026
Estimate Range
508.37M - 583.19M
Analyst Spread

Forward Growth Analysis

Projected Growth+3802.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

bmnr

Bitmine Immersion Technologies, Inc. Insider Positioning

BMNR · AMEX

During the last 12 months, insiders have purchased $1.20M worth of BMNR shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

226.7K

1.20M

Sold

0

0.00

Net Activity

+1.2M

+$1.20M

Top Buyers

1
LTJ

Lee Thomas Jong

Director

226.7K shares2 transactions

$1.20M

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.20M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.