Closing Bell Recap: BitMine Immersion Technologies Inc (BMNR) Ends at $29.35, Reflecting a -1.44% Downturn

Abby Carey

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

BitMine Immersion Technologies Inc (AMEX: BMNR) closed the day trading at $29.35 down -1.44% from the previous closing price of $29.78. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 21.54 million shares were traded. BMNR stock price reached its highest trading level at $29.53 during the session, while it also had its lowest trading level at $28.74.

Ratios:

For a better understanding of BMNR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 51.50 and its Current Ratio is at 51.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In the most recent recommendation for this company, B. Riley Securities on October 16, 2025, initiated with a Buy rating and assigned the stock a target price of $90.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 19 ’25 when Bates Jonathan Robert bought 96,818 shares for $29.85 per share.

Bates Jonathan Robert bought 152,044 shares of BMNR for $5,429,000 on Dec 12 ’25. On Dec 10 ’25, another insider, Seth A Bayles, who serves as the Officer of the company, bought 1,500 shares for $99.37 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMNR now has a Market Capitalization of 12498460672 and an Enterprise Value of 10760391680. As of this moment, BitMine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2052.29 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 1765.446 whereas that against EBITDA is -833.299.

Stock Price History:

The Beta on a monthly basis for BMNR is 0.89, which has changed by 2.7870967 over the last 52 weeks, in comparison to a change of 0.16098404 over the same period for the S&P500. Over the past 52 weeks, BMNR has reached a high of $161.00, while it has fallen to a 52-week low of $3.20. The 50-Day Moving Average of the stock is -23.30%, while the 200-Day Moving Average is calculated to be -7.24%.

Shares Statistics:

Over the past 3-months, BMNR traded about 45.86M shares per day on average, while over the past 10 days, BMNR traded about 46562230 shares per day. A total of 425.84M shares are outstanding, with a floating share count of 411.01M. Insiders hold about 3.48% of the company’s shares, while institutions hold 21.23% stake in the company. Shares short for BMNR as of 1765756800 were 27632368 with a Short Ratio of 0.60, compared to 1763078400 on 27259460. Therefore, it implies a Short% of Shares Outstanding of 27632368 and a Short% of Float of 6.5.

Earnings Estimates

Analysts are recommending an EPS of between $0.0 and $0.0 for the fiscal current year, implying an average EPS of $0.0.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for BMNR’s current fiscal year. The highest revenue estimate was $8.2M, while the lowest revenue estimate was $8.2M, resulting in an average revenue estimate of $8.2M. In the same quarter a year ago, actual revenue was $6.09M

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