BMNR

Strong SellSinker

Bitmine Immersion Technologies, Inc. · Financial Services · United States · $13.5B cap · $795.9M/day traded

$22.40 -0.4% · close 23 Oct · scored 24 Oct

Sinker: Weak, expensive and falling. Nothing here to keep it afloat.

19
StockRank
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Quality
34
Value
23
Momentum
44

As of 24 Oct 2026, MoatMap's StockRank for Bitmine Immersion Technologies, Inc. (BMNR) is 19/100, ranked against 24,000+ stocks in 35 markets (Quality 34, Value 23, Momentum 44, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 12.3x
ROE
-150.9%
peers 9.6%
D/E
0.0x
peers 0.3x
Dividend %
0.0%
trailing yield

ABOUT BITMINE IMMERSION TECHNOLOGIES, INC.

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Bitmine Immersion Technologies, Inc. is a specialized technology company focused on hosting and operating digital asset mining equipment using advanced immersion cooling technology. The company's immersion-cooling infrastructure significantly improves energy efficiency, extends hardware lifespans, and reduces operational costs compared to traditional air-cooled mining. It operates as a niche player in the cryptocurrency infrastructure sector, aiming to provide sustainable and high-density hosting solutions.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—0.4M0.6M3.3M6.1M142.4%—119.8M624.8M912.5%
EPS—-0.00-0.00-0.015.29—-4.50———
Shares—603.2M603.2M603.2M603.2M0.0%603.2M———
Debt0.3M—1.3M1.6M—80.3%1.3M———
Equity—7.4M6.3M4.1M8.7B954.9%————
Op CF—-1.6M-0.8M-30.0K-4.1M—————
Inv CF—-2.8M-0.6M-67.0K-7.4B—————
Fin CF—4.6M1.3M0.3M7.9B—————
Loading 1Y...
PRICE (1Y) · USD-13.0%
21.623.425.227.028.814 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 16 weeks, 75% above that low, but not back above a rising 50-day average.

SwingsVery bumpy

Swung more than 93% of stocks we rank over the past year (90% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$22.40
RSI (14)
30.7
52-Week Range-58.9% from high
Low $12.80High $54.52

SCORE BREAKDOWN

Quality
34
ROIC
-99.3%0.7
ROE
-150.9%0.8
GP/Assets
0.6%4.7
Op. Margin
8.4%26.4
FCF/Assets
n/mN/A
Piotroski
553.6
Int. Cover
50.0x89.8
D/E Ratio
0.00x89.4
Current Ratio
36.68x93.5
Value
23
P/E (TTM)
—N/A
EV/EBITDA
n/mN/A
P/FCF
n/mN/A
P/B
1.1x49.9
P/S
220.8x1.0
Div Yield
0.0%0.7
Momentum
44
52W High %
41%5.2
RS 6M
-6%42.1
SMA 50/200
1.15x90.2
EPS Rev 4W
0.0%51.0
EPS Rev 12W
0.0%36.7
EPS Improve
+121%86.4
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$13.5B
P/E (Forward)
23.8x
Gross Margin
84.4%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of BMNR are excluded.

TickerCompanyMkt CapStockRankSignal
BMNRBitmine Immersion Technologies, Inc.(you)$13.5B19Strong Sell
GLXYGalaxy Digital$8.7B24Sell
HLIHoulihan Lokey, Inc.$9.2B29Sell
EVREvercore Inc.$9.7B32Sell
CRCLCircle Internet Group$21.8B8Strong Sell
HUT.TOHut 8 Corp.$7.5B4Strong Sell
SNEXStoneX Group Inc.$6.8B37Hold
IONDIonic Digital Inc.$2.8B20Strong Sell
RIOTRiot Platforms, Inc.$4.7B7Strong Sell
SFStifel Financial Corp.$10.0B47Hold

Peer medians: ROE 9.6% · P/E 12.3x · Gross margin 100.0%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Bitmine Immersion Technologies, Inc. (BMNR): Stock Score Summary

Bitmine Immersion Technologies, Inc. (BMNR) has a MoatMap StockRank of 19/100 based on Quality (34/100), Value (23/100), and Momentum (44/100) factor scores. The current signal is STRONG SELL.

Bitmine Immersion Technologies, Inc. is a specialized technology company focused on hosting and operating digital asset mining equipment using advanced immersion cooling technology. The company's immersion-cooling infrastructure significantly improves energy efficiency, extends hardware lifespans, and reduces operational costs compared to traditional air-cooled mining. It operates as a niche player in the cryptocurrency infrastructure sector, aiming to provide sustainable and high-density hosting solutions.

Key Financial Metrics

Price$22.40
Market Cap$13.5B
P/E (Forward)23.83
Price/Book1.12
Return on Equity-150.9%
Return on Invested Capital-99.3%
Debt/Equity0.00x
Gross Margin84.4%
Operating Margin8.4%
Revenue Growth2167.8%
Dividend Yield0.0%
Free Cash Flow$-5M

Bitmine Immersion Technologies, Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is Bitmine Immersion Technologies, Inc.’s (BMNR) StockRank?
MoatMap’s StockRank for Bitmine Immersion Technologies, Inc. (BMNR) is 19/100, with a Strong Sell signal. It is a composite of Quality (34), Value (23), and Momentum (44), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Bitmine Immersion Technologies, Inc. have an economic moat?
Bitmine Immersion Technologies, Inc. (BMNR) has a Quality factor score of 34/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Bitmine Immersion Technologies, Inc. a buy, hold, or sell?
MoatMap’s current signal for Bitmine Immersion Technologies, Inc. (BMNR) is Strong Sell, based on a StockRank of 19/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Bitmine Immersion Technologies, Inc. in?
Bitmine Immersion Technologies, Inc. (BMNR) operates in the Financial Services sector, specifically the Capital Markets industry (United States).