Bitmine Immersion Technologies, Inc.
BMNRFinancial ServicesNASDAQCapital Markets
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Daily timeframeOperating under the Capital Markets umbrella, Bitmine Immersion Technologies, Inc. is a financial services company. Bitmine Immersion Technologies, Inc. The company carries a $9.46B market cap, placing it firmly in the mid-cap category. operates as a blockchain technology company primarily in the United States.
Market Cap
$9.46B
Beta
1.67
P/E (TTM)
—
P/E (Fwd)
16.69
EPS (TTM)
$-4.57
EPS (Fwd)
$0.94
ROE
-175.9%
ROA
-3.8%
Cash
$879.6M
Total Debt
$1.3M
Free CF
-$152.5M
52W Change
-62.9%
Annual Financials
Cash vs Debt
Bitmine Immersion Technologies, Inc. holds $879.6M in cash against $1.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$152.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -175.9% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $428K (2022) to $6.1M (2025), reflecting a 1325% increase over the period.
Bitmine Immersion Technologies, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, BMNR has financial flexibility that may help navigate uncertain periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Bitmine Immersion Technologies, Inc. and its sector.