• $8.5B
    Market Cap
  • -64.37%
    1-Year Change
  • Capital Markets
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 35
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Digital-Asset Treasury Companies Continue to Accumulate Crypto. But Are Any of Them Worth Buying?

Digital-asset treasury companies like Strategy and Bitmine continue accumulating cryptocurrencies despite market downturns. However, the article argues these stocks are generally not worth buying for most investors due to overhead costs, debt service, dilution, and governance risks. Spot crypto ETFs with lower fees (0.2-0.3% annually) offer better alternatives for direct cryptocurrency exposure.

06/29/2026, 7:10 PM • The Motley Fool

1 Company Now Holds Nearly 5% of All Ethereum. That's An Obvious Sell Signal

BitMine has accumulated nearly 5% of all Ethereum through its stated strategy of building a massive cryptocurrency position. The author argues this represents a high-risk bet on a single asset backed only by belief in its value, with no underlying business fundamentals or physical assets. BitMine's stock price has tracked Ethereum's volatile performance, and the author recommends conservative investors avoid both the stock and cryptocurrency market.

06/27/2026, 12:15 AM • The Motley Fool

Liquid Gold: The AI Cooling Retrofit Trade

As AI chip density exceeds cooling capacity of traditional air systems, liquid cooling has become essential infrastructure. Alphabet's Brazos modular cooling system enables legacy data centers to retrofit without expensive overhauls, while specialized high-density environments require premium solutions. Vertiv, a leader in advanced thermal management, benefits from massive enterprise retrofit deployments and maintains strong pricing power with a $15 billion backlog.

06/24/2026, 11:12 AM • Investing

Bitmine Immersion Technologies Announces Cash Dividend of $0.1056 per Share of 9.50% Series A Perpetual Preferred Stock

Bitmine Immersion Technologies announced a cash dividend of $0.1056 per share on its 9.50% Series A Perpetual Preferred Stock (BMNP), payable on July 10, 2026. The Bitcoin miner is deploying capital into Ethereum treasury operations and launched MAVAN, a staking infrastructure platform, in 2026.

06/18/2026, 4:30 PM • Benzinga

Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

Bitmine Immersion Technologies announced that its Board of Directors declared initial cash dividends on its 9.50% Series A Perpetual Preferred Stock. The Series A Preferred Stock has been approved for listing on the New York Stock Exchange under ticker symbol 'BMNP' with trading expected to commence on June 16, 2026. The initial dividend of $0.316667 per share will be paid on June 22, 2026, followed by a second weekly dividend of $0.105556 per share on June 26, 2026.

06/12/2026, 4:19 PM • Benzinga

1 Unstoppable Crypto to Buy Before It Soars 14,870%, According to Wall Street's Tom Lee

Tom Lee, founder of Fundstrat Global Advisors and chairman of Bitmine, is bullish on Ethereum, expecting it to reach $22,000 in the near term and $62,000-$250,000 long term—representing a potential 14,870% gain from current prices. Lee believes Ethereum's developer ecosystem, Layer-2 scalability improvements, and role in stablecoins and tokenized assets will drive growth, particularly as AI agents require secure blockchains for transactions.

06/12/2026, 1:25 PM • The Motley Fool

1 Unstoppable Crypto to Buy Before It Soars 3,000%, According to Wall Street's Tom Lee

Tom Lee, chairman of Bitmine Immersion Technologies, predicts Ethereum could surge from $2,000 to $62,000 (a 3,000% return), based on Ethereum's dominance in decentralized finance and a projected Bitcoin price of $250,000. However, the author expresses skepticism, noting Ethereum is down 35% in 2026 and currently trades 62% below its all-time high, suggesting the $62,000 target may be unrealistic without major market momentum.

06/07/2026, 11:27 AM • The Motley Fool

Is Ethereum Falling Below $1,600 a Red Flag or a Green Signal to Buy?

Ethereum has plunged nearly 70% from its all-time high of $4,946 in August 2025 to below $1,600. While the author is bullish on Ethereum's long-term prospects due to its strong developer ecosystem and Layer 2 scaling solutions, he believes the sell-off isn't over due to macro headwinds, profit-taking into AI stocks and IPOs, and potential liquidations from companies holding Ethereum treasuries. He recommends only nibbling on Ethereum if you have a multi-year investment horizon.

06/05/2026, 1:05 PM • The Motley Fool

Bitmine Immersion Technologies Announces Pricing of Upsized Series A Perpetual Preferred Stock Offering

Bitmine Immersion Technologies priced an upsized Series A Perpetual Preferred Stock offering of 3.5 million shares at $80 per share, raising approximately $273.8 million in net proceeds. The 9.50% dividend preferred stock is expected to list on NYSE under ticker BMNP. The company plans to use proceeds for acquiring digital assets, expanding Ethereum staking infrastructure through MAVAN, and strategic investments in the digital asset ecosystem.

06/05/2026, 8:30 AM • Benzinga

Skip XRP and Buy This Top Cryptocurrency Instead

A Motley Fool analyst recommends buying Ethereum over XRP, citing two major catalysts: the imminent passage of the Digital Asset Market Clarity Act, which will particularly benefit Ethereum's dominance in stablecoins and DeFi, and increased buying from Ethereum treasury companies like Bitmine Immersion Technologies. The analyst argues that historically, Ethereum tends to lead altcoins like XRP during crypto bull market cycles.

05/30/2026, 6:19 PM • The Motley Fool

New Crypto Pepeto Presale Nears $10 Million While Ethereum Price Prediction Charts a $4,900 Target as Bitmine Loads 5.18 Million ETH

Pepeto, an Ethereum-based cryptocurrency project, has raised $9.92 million in its presale with backing from a former Binance developer. Ethereum price predictions target $4,900 based on technical analysis, supported by Bitmine's accumulation of 5.18 million ETH. Pepeto offers a decentralized exchange with zero-fee trading and cross-chain bridging capabilities.

05/09/2026, 10:55 PM • GlobeNewswire

Crypto News: Pepeto Announces DeFi Exchange Successful Tests Amid Ethereum Price Prediction Points to $6,000 Within a Year

Pepeto has completed testing of its DeFi exchange and is progressing toward Binance listing with over $9.5 million raised in presale. Ethereum is predicted to reach $6,000 within twelve months as institutional staking locks supply and ETF inflows grow, with nearly 39 million ETH (one-third of supply) currently in staking contracts.

04/26/2026, 8:47 AM • GlobeNewswire

Crypto News: ETH Based Pepeto Stages Update While the Ethereum Price Prediction Aims For Five Figures

Pepeto, an Ethereum-based cryptocurrency, completed its presale raising $9.02 million, the fastest raise of any new project this cycle. The project features zero-fee swaps and cross-chain bridges. Ethereum price predictions target $7,000-$15,000, with analysts suggesting Pepeto could deliver 50x returns post-launch based on historical meme coin performance.

04/14/2026, 1:40 AM • GlobeNewswire

Stock Market Today, March 31: Bitmine Immersion Technologies Jumps on Crypto Recovery Hopes

Bitmine Immersion Technologies surged 8.06% on March 31, 2026, following its recent Ethereum staking platform launch and broader cryptocurrency market gains. The stock has declined 27% year-to-date despite today's gains, with performance heavily tied to Ethereum prices. B. Riley maintained a 'buy' rating with a $33 price target, citing the staking platform as a key growth driver. Bitmine now holds nearly 4% of all Ethereum in circulation.

03/31/2026, 6:12 PM • The Motley Fool

Digital Asset Treasury Strategy Positions Companies for Long-Term Shareholder Value

Companies are increasingly adopting digital asset treasury strategies, allocating portions of their balance sheets to Bitcoin and blockchain-based instruments to hedge inflation risk and protect capital. Several firms including Greenlane Holdings, Cipher Mining, Bitmine Immersion, Coinbase, and Hut 8 Corp are making strategic moves in this space, from validator deployments to new product launches and infrastructure investments.

01/20/2026, 8:45 AM • Benzinga

Peers

Statistics

More
Day Range
$14.32
$14.88
$14.61
1-Year Range
$13.31
$63.22
$14.61
Latest Close$14.61
Change
-$0.37 (-2.53%)
Volume26,296,362
Market Cap$8.5B
Shares Outstanding569.6M
P/E (TTM)-0.34
Diluted EPS (TTM)-$43.91
Enterprise Value$7.7B

Information as of 07/13/2026

Company Profile

BITMINE IMMERSION TECHNOLOGIES INC
https://bitminetech.io
$8.5B
Market Cap
-$8.7B
Net Income
Sector: Financial Services
Industry: Capital Markets
10845 Griffith Peak Drive, Las Vegas, NV, United States, 89135
404 816 8240

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.

Key Executives

  • Chi Tsang
  • Seth Aaron Bayles
  • Young Kim

Current Ownership Distribution

  • Institutions472.2M (77.36%)
  • Mutual Funds136.1M (22.29%)
  • Insiders2.1M (0.34%)
  • Other0 (0.00%)