BMNR Stock Summary and Trading Ideas (Bitmine Immersion Technologies | NYSE:BMNR)

BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

Bitmine Immersion Technologies trades on the NYSE stock market under the symbol BMNR.

As of June 17, 2026, BMNR stock price declined to $16.12 with 20,228,359 million shares trading.

BMNR has a beta of 7.69, meaning it tends to be more sensitive to market movements. BMNR has a correlation of 0.06 to the broad based SPY ETF.

BMNR has a market cap of $9.18 billion. This is considered a Mid Cap stock.

The top ETF exchange traded funds that BMNR belongs to (by Net Assets): VTI, VB, ARKK, VXF, VBR.

BMNR has outperformed the market in the last year with a return of +239.6%, while the SPY ETF gained +24.4%. However, in the most recent history, BMNR shares have underperformed the stock market with its stock returning -31.1% in the last 3 month period and -10.3% for the last 2 week period, while SPY has returned +11.2% and -2.2%, respectively.

BMNR support price is $15.42 and resistance is $17.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BMNR shares will trade within this expected range on the day.