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BMBMNR

Bitmine Immersion Technologies, Inc.

$BMNR·$14B·Financial - Capital Markets·Financial Services
$21.66-7.3%YTD-16.6%1Y-57.6%
Price updated 7h ago·X counts updated 5d ago
BMBMNR
$BMNRBitmine Immersion Technologies, Inc.
$21.66-7.28%1.1k posts1×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $BMNR on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

1,121X posts · last 7 days
Sep 29Oct 11
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $BMNR's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data27 posts analyzed · as of 2026-10-02

X is bullish on Bitmine as the ETH treasury king — 5.98M ETH on balance (4x the #2 and #3 combined), ~85% staked for a ~$357M annualized yield, and one of only 4 of the top 20 DATs trading at a premium to NAV. Tom Lee's quoted BTC/ETH price targets are being passed around. One Elliott-wave voice warns the five-wave count could be nearly complete, but gets drowned out by range-breakout callers.

Read what X is saying about $BMNR

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $BMNR — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Driven by hypeWinding up for a moveAI verdict · as of 2026-10-02

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

BitMine Immersion is now the largest listed ETH treasury — the stock is a leveraged bet on Ethereum with a staking yield on top.

BitMine Immersion is a listed Ethereum treasury vehicle — the company has pivoted from legacy crypto mining to holding 5.98M ETH on balance sheet, which is more than the #2 and #3 ETH treasuries combined. The stock trades like an ETH proxy at a premium to NAV.

  • The treasury scale is real: 5.98M ETH with ~85% staked yielding ~$357M annualized — that is the actual cash-flow story, not any operating business, so BMNR is effectively ETH-plus-staking in listed form.
  • The multiple is nonsensical on P&L (PS 511x, PE -0.8) because this is not an operating company anymore — the right lens is premium-to-NAV, and being one of just four crypto treasuries trading above NAV means investors are paying up for staking yield plus ETH beta.
  • Tom Lee's $10K ETH framing is the bull-case input — holders argue $130 BMNR is baseline if ETH gets there. If ETH stalls or sells off, the NAV collapses and the premium disappears first.

Nov 20 earnings is a near-term checkpoint, but ETH price is what matters — a sustained ETH breakout holds the premium; any drawdown hits BMNR with 1.x beta plus premium compression.

Agrees with X sentimentThe thread is right on the scale advantage and the staking-yield math; the Tom Lee $10K framing is the actual bull case, and the Elliott-wave caveat is appropriately quiet because for a treasury vehicle, ETH price is 95% of the story.

What to watch: ETH price action and the premium-to-NAV spread. Nov 20 Q3 earnings for staking-yield confirmation and any treasury-strategy update. A sustained ETH breakdown compresses both NAV and premium.

On the calendar: 2026-11-20 — Q3 earnings

Read the AI verdict on $BMNR

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Crypto infrastructure company running Ethereum treasury operations and Bitcoin mining services using immersion cooling technology.

Industry overviewAI analysisGenerated by AI from underlying data

Where Financial - Capital Markets sits in its cycle right now — and what that implies for $BMNR.

Financial - Capital Markets · Financial Services

No material change from last week — digital-asset platforms drive growth as retail crypto trading and stablecoin adoption (USDC via CRCL) expand.

What this means for $BMNR

Partial — Crypto infrastructure company running Ethereum treasury operations and Bitcoin mining services using immersion cooling technology.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
-1.4%YTD
+3.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-0.8How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-36.6%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-216%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-3.8%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
511.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-164%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
64.4%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 13, 2026$-0.15$-0.04-275.0%
Q4 2025Jan 14, 2026$-15.98$0.15-10753.3%
Q3 2025Nov 21, 2025$13.62$-0.10+13720.0%
Q2 2025Jul 2, 2025$-0.31$-0.310.0%
Next earningsFri, Nov 20·consensus EPS $0.01

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$11.0M+627.6%87.1%-34785%$-8.40$-88.2M
Q1 FY26$2.3M+91.0%55.3%-9689%$-15.98$-228.7M
Q4 FY25$1.3M+94.1%-45.7%33699%$1.62$-6.6M
Q3 FY25$2.1M+67.5%23.9%-22.8%$-0.00$1.7M

Forward consensus

3-year forecast · up to 1 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$119.7M$96.8M – $142.7M-$21.89-$27.34 – -$16.431
FY27$624.8M$505.0M – $744.6M$0.69$0.52 – $0.871
FY28$992.9M$802.6M – $1.2B$1.28$0.96 – $1.601

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.0×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.20%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-9.1%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+1.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 529.6M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today6.9% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.565-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

BuyApr 20Lori LoveDirector227 sh$5K
+ 10 other (10 exempts) in window

See when $BMNR insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDOct 138-K — Item 7.01: Press release / Reg FD
8-KPress release / Reg FDOct 78-K — Item 7.01: Press release / Reg FD
8-KPress release / Reg FDOct 58-K — Item 7.01: Press release / Reg FD
8-KPress release / Reg FDSep 308-K — Item 7.01: Press release / Reg FD
AI summary

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) filed a Regulation FD disclosure (8-K Item 7.01) on 2026-09-30. The excerpt shows only the cover page; the actual disclosed material (typically investor presentation slides, a press release, or conference call transcript) is attached as an exhibit. Reg FD events can contain forward-looking statements or updated guidance material to investors.

8-KPress release / Reg FDSep 288-K — Item 7.01: Press release / Reg FD
AI summary

Bitmine Immersion Technologies (BMNR) filed a Regulation FD disclosure on September 28, 2026, announcing an operational update via press release (Exhibit 99.1). The specific content of the press release is not available in the body excerpt, so operational details cannot be confirmed from this filing alone. This is a routine Reg FD disclosure; the material details are in the attached exhibit.

8-KPress release / Reg FDSep 218-K — Item 7.01: Press release / Reg FD
8-KPress release / Reg FDSep 148-K — Item 7.01: Press release / Reg FD
8-KAgreement terminatedSep 88-K — Item 1.02: Agreement terminated · Item 7.01: Press release / Reg FD
AI summary

Bitmine Immersion Technologies (BMNR) filed a duplicate 8-K alongside its sister ticker (BMNP) disclosing the same termination: its 10-year Master Service Agreement with Ethereum Tower for ETH staking services was terminated effective September 3, 2026. The agreement was originally entered July 7, 2026. No penalties or successor arrangements were disclosed.

+ 37 other (28 8-Ks · 2 424B5s · 1 10-Q · 1 CERT) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

AI Price Prediction: We Asked ChatGPT Where Ethereum Could Trade by the End of 2026 After Its Biggest Buyer Stops.247wallst.com·3d agoEthereum’s Biggest Buyer Is About Six Weeks From Done, and the ETFs Have Sold for Nine Straight Days. Who Buys Ethereum After BitMine?247wallst.com·4d agoTom Lee Says Ethereum’s Years-Long Slide Against Bitcoin Is Ending. Ethereum Lost Another 4.6% to Bitcoin in a Week.247wallst.com·4d agoBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.03 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $16.2 Billionprnewswire.com·5d agoWhy Is Ethereum Stuck Below $2,500 in 2026?247wallst.com·5d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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