BMNR Research | Milton Maxwell

BMNR

Bitmine Immersion Technologies, Inc.

31.39

+0.44+1.42%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

13.37B

P/E (TTM)

2.34

Basic EPS (TTM)

13.39

Dividend Yield

Recent Filings

8-K

BMNR ETH holdings hit $10.3B

3/9/26Mar 9, 2026

Bitmine Immersion Technologies announced on March 9, 2026, crypto and cash holdings totaling $10.3 billion, including 4.535 million ETH tokens valued at roughly $8.9 billion at $1,965 per ETH and $1.2 billion cash. Staked ETH hit 3.04 million ($6.0 billion), generating $174 million annualized staking revenues at 2.91% yield. MAVAN staking launches Q1 2026. Holdings lead rivals.

8-K

ETH holdings top 4.47M tokens

3/2/26Mar 2, 2026

Bitmine Immersion Technologies announced on March 2, 2026, its crypto and cash holdings hit $9.9 billion, anchored by 4.474 million ETH tokens (3.71% of supply) valued at $1,976 each and $868 million cash. Staked ETH reached 3.04 million ($6.0 billion), generating $172 million annualized revenues at 2.86% yield. MAVAN staking launches Q1 2026. Holdings lead peers, yet markets face geopolitical risks.

8-K

Reg FD presentation released

2/26/26Feb 26, 2026

Bitmine Immersion Technologies published a presentation by Executive Chairman Tom Lee on February 24, 2026, under Regulation FD. The deck, attached as Exhibit 99.1, is not filed material. Investors get the update. Details reside in the exhibit alone.

8-K

ETH holdings top 4.4M tokens

2/23/26Feb 23, 2026

Bitmine Immersion Technologies announced on February 23, 2026, its crypto and cash holdings hit $9.6 billion, including 4.423 million ETH tokens (3.66% of supply) at $1,958 each and $691 million cash. Staked ETH reached 3,040,483 tokens ($6.0 billion), generating $171 million annualized staking revenues at 2.89% yield. MAVAN staking launches Q1 2026. Holdings lead peers, but crypto volatility looms.

8-K

BMNR ETH holdings hit 4.37M

2/17/26Feb 17, 2026

Bitmine Immersion Technologies disclosed on February 17, 2026, ETH holdings of 4.371 million tokens worth $8.7 billion at $1,998 each, plus $670 million cash and $217 million moonshots, totaling $9.6 billion. With 3.04 million ETH staked generating $176 million annualized rewards, MAVAN launches Q1 2026. Holdings hit 3.62% of ETH supply. Stock trades $0.9 billion daily.

About

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. 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.

CEO

Mr. Erik S. Nelson

IPO

6/5/2025

Website

https://bitminetech.io

Employees

Sector

Financial Services

Industry

Capital Markets