Bitmine Immersion Technologies, Inc. (BMNR) is a company listed on the NYSE American exchange. As of August 6, 2025, the company had a market capitalization of $78.99 million, with shares trading at $38.47. The stock experienced an 11.83% increase in price during the week prior to August 6, 2025.1
From a quantitative perspective, several data points are notable:
- Short Interest: BMNR has a short interest of 1,539,271 shares, representing 1.56% of its float. The days to cover ratio is very low at 0.05 days, suggesting that short positions could be covered quickly. Off-exchange short volume stands at 11,190,788 shares, with an off-exchange short volume ratio of 38.73%.2 The borrow rate is 10.37.1
- Institutional Ownership: The company has limited institutional ownership, with only 3 institutional owners holding a total of 1,700 shares. FNY Investment Advisers, LLC is noted as a largest shareholder. The average portfolio allocation to BMNR among these institutions is 0.0241%.3
- Analyst Sentiment: Analysts have set an average one-year price target of $61.20 for BMNR, with forecasts ranging from $60.60 to $63.00. This implies a projected increase of 59.09% by August 6, 2026, from the August 6, 2025 price.4
- Profitability Metrics: The company has a trailing twelve-month (TTM) Earnings Per Share (EPS) of -$1.74.1
The low institutional ownership and high implied price target from analysts suggest a potential disconnect or an emerging opportunity, warranting deeper investigation into the company's fundamentals and recent developments.
For further analysis, Fintel provides detailed information on BMNR's institutional ownership, short interest, and analyst forecasts.
