The market capitalization for Bitmine Immersion Technologies, Inc. (BMNR) is $7.29 Billion, making it a Mid Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.
Market Capitalization
$7.29B
$7.29 Billion
Calculation
- Stock Price
- $13.56
- Shares Outstanding
- 537.63M
- Market Cap
- $7.29B
Market Cap = Price × Shares Outstanding
Size Classification
Mid Cap
$2B - $10B
Companies with market capitalization between $2 billion and $10 billion.
Market Cap Size Scale
Micro Cap
<$250M
Small Cap
$250M-$2B
Mid Cap
$2B-$10B
Large Cap
$10B-$1T
Mega Cap
>$1T
Related Valuation Metrics
Key Statistics
| Market Cap | $7.29 Billion |
| Stock Price | $13.56 |
| Shares Outstanding | 537.63M |
| Size Category | Mid Cap |
| P/E Ratio | N/A |
| P/B Ratio | 0.63 |
About Bitmine Immersion Technologies, Inc.
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 consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Chi Tsang