Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc.verified

BMNR

Price:

$23.1

Market Cap:

$10.51B

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. The company was formerly known...[Read more]

Industry

Financial - Capital Markets

IPO Date

2025-06-05

Stock Exchange

NYSE

Ticker

BMNR

The Current Ratio as of May 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 92.53% compared to the average of 28.14 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 7.03. The current 54.19 Current Ratio has changed 77.00% 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

7.03

Median

0.53

Minimum

0.00

Maximum

51.50

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 = 10.33%

Maximum Annual Current Ratio = 51.50

Minimum Annual Increase = -94.49%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
202551.5010.33%
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

17.52

5-year avg

11.22

10-year avg

7.03

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. (1.27), greater than XP Inc. (0.56), greater than Western Alliance Bancorporation (0.30), greater than Freedom Holding Corp. (1.26), greater than First Horizon Corporation (0.96), greater than StepStone Group Inc. (1.36), greater than Jefferies Financial Group Inc. (2.48), greater than UMB Financial Corporation (0.21),

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