Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. - Current Ratioverified

BMNR

Price:

$16.14

Market Cap:

$8.68B

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing ...[Read more]

Industry

Financial - Capital Markets

IPO Date

2025-06-05

Stock Exchange

NYSE

Ticker

BMNR

The Current Ratio as of June 2026 (TTM) for Bitmine Immersion Technologies, Inc. (BMNR) is 54.19

According to Bitmine Immersion Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 54.19. This represents a change of 254.57% compared to the average of 15.28 of the last 4 quarters.

Bitmine Immersion Technologies, Inc. (BMNR) Historical Current Ratio (quarterly & annually)

How has BMNR Current Ratio performed in the past?

The mean historical Current Ratio of Bitmine Immersion Technologies, Inc. over the last ten years is 0.60. The current 54.19 Current Ratio has changed 907.64% with respect to the historical average. Over the past ten years (40 quarters), BMNR's Current Ratio was at its highest in in the February 2026 quarter at 54.19. The Current Ratio was at its lowest in in the November 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.60

Median

0.28

Minimum

0.00

Maximum

2.80

Bitmine Immersion Technologies, Inc. (BMNR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Bitmine Immersion Technologies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.96%

Maximum Annual Current Ratio = 2.80

Minimum Annual Increase = -94.49%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.05-89.57%
20240.49-12.49%
20230.56-79.83%
20222.80265.21%
20210.771.96%
20200.041.01%
20130.00-94.49%

Bitmine Immersion Technologies, Inc. (BMNR) Average Current Ratio

How has BMNR Current Ratio performed in the past?

The current Current Ratio of Bitmine Immersion Technologies, Inc. (BMNR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.37

5-year avg

0.93

10-year avg

0.60

Bitmine Immersion Technologies, Inc. (BMNR) Current Ratio vs. Peers

How is BMNR’s Current Ratio compared to its peers?

Bitmine Immersion Technologies, Inc.’s Current Ratio is greater than Cipher Mining Inc. (3.13), greater than Riot Platforms, Inc. (1.08), greater than Marathon Digital Holdings, Inc. (1.84), greater than XP Inc. (0.49), greater than Western Alliance Bancorporation (0.21), greater than Freedom Holding Corp. (1.35), greater than First Horizon Corporation (0.96), greater than StepStone Group Inc. (1.49), greater than Jefferies Financial Group Inc. (2.48), greater than UMB Financial Corporation (0.21),

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