BMNR

BitMine Immersion Technologies, Inc.

Financial Services · Finance Services
$22.67+3.56% today
AI Take · AlgoThesis

BMNR trades at a P/E of 35.75 despite sitting well below its 52-week high, suggesting the market has priced in meaningful growth expectations that haven't yet materialized in price appreciation. The RSI of 52.2 indicates neutral momentum with room to move in either direction, while the 5.11% short interest remains modest and poses minimal squeeze risk. At a $9.7B valuation in the finance services space, BMNR appears expensive relative to traditional sector multiples, yet the gap between current price and the 52-week high raises questions about whether recent weakness reflects fundamental deterioration or simply profit-taking from a previously stretched position.

Snapshot

Market cap
$9.7B
P/E
35.8
Forward P/E
35.8
EPS (TTM)
$-12.48
Dividend yield
0.05%
Net margin
-67544.6%
ROE
-97.3%
RSI (14)
52
Beta
1.67
Short % of float
5.1%
Days to cover
0.6
52w high
No

Recent headlines

Peers in Finance Services

Build a thesis around BMNR

Type a thesis in plain English. AlgoThesis researches it with real data, cites sources, and hands back a tradeable basket.

Open in AlgoThesis →