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Verified AssetID: BMNR
B

BitMine Immersion Technologies (BMNR) Bitcoin Treasury Analysis

BMNR Global Equity
-7.3% (24h)
Bitcoin Reserves
RANK #20
192 BTC
Valued at $15.61M
Ethereum Reserves
RANK #1
4,110,000 ETH
Valued at $9,847.231M
Disclosures & Actions

Holdings and valuation fields should be checked against the linked issuer source before use. CryptosEyes records reader corrections through the update workflow.

Company Contact / Management

Chi Tsang

Investor Relations

Market Cap

$13.07B

Rank #15

mNAV Backing

1.32

Sats / Share

32

BTC / 1k Shrs

0.000318

Treasury Value

$9,862.84M

Equity Ratio

75.5%

Institutional Price Performance

Correlated share price movement vs Digital Reserves

1 Year

Synchronizing Nodes

Institutional Thesis

Strategic Positioning

BitMine Immersion Technologies (BMNR) has established itself as a significant participant in the institutional digital asset treasury landscape. By maintaining a balance sheet weighted toward Bitcoin, the company provides equity investors with a regulated vehicle to capture digital asset appreciation while benefiting from the legal and operational protections of a public corporate structure.

Treasury Thesis

The primary investment thesis for BMNR is centered on its Multiple on Net Asset Value (mNAV). Currently trading at 1.32x relative to its holdings, the stock serves as a high-conviction proxy for the underlying cryptocurrency's performance.

Institutional Metrics

  • Exposure IndexAggressive Treasury Standard
  • Yield PotentialSatoshi Accretion focus

Note: We are constantly updating our deep-dive analysis for all 35+ companies. Detailed bull/bear cases for BMNR are currently being finalized by the CryptosEyes Intelligence Desk.

MARKET INTELLIGENCE
Live Price$21.66
52W Low52W High
$12.80$55.19
On-Chain Verification

Public wallet indexing in progress

SOURCE: SEC FILINGS
PEER ANALYSIS
T
TSLA
11,509 BTC
1497.46
Backing
C
CLSK
13,054 BTC
2.03
Backing
M
MSTR
672,497 BTC
1.07
Backing
Solvency Analysis
Treasury / Debt Coverage
∞
Effective Position
+$9,862.84M
Net Debt ($0M)Treasury ($ 9863M)
Total Debt$0M
Cash on Hand$0M
Net Debt$0M
Important: Educational Purposes OnlyThe data, charts, treasury tracking metrics (including mNAV and SPS), and research provided on CryptosEyes.com are for informational and educational purposes only. They do not constitute certified financial, investment, or trading advice. Digital assets like Bitcoin and Ethereum are highly volatile. Always conduct your own research and consult with a registered financial advisor before making investment decisions.