We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Sign in
Sign in
Companies → BitMine Immersion Technologies,
Save to list
Remove

BitMine Immersion Technologies,

United States, Las Vegas
Report a bug?
Claim ownership and edit
Description
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the company offers data centers, which provides power, racks, proprietary thermodynamic management, redundant connectivity, and security services, as well as software, which provides infrastructure management and custom firmware. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
Industries
SIC
Address:

10845 Griffith Peak Drive

Website:
Revenue
Recent news:

Public Companies Expand Crypto Treasuries to Ethereum, Holding $16B

Analysis of public companies shifting crypto treasury strategies to include Ethereum, with BitMine and Sharplink holding billions in ETH.

Source: IndexBox Mar 21, 2026

Strategy's $1.57B Bitcoin Purchase and Key Crypto Market Developments

Coverage of Strategy's $1.57 billion Bitcoin purchase, BitMine's Ethereum accumulation, and key market developments including price movements and corporate announcements from March 2026.

Source: IndexBox Mar 17, 2026

Eightco Shares Surge 15% After Securing $125M AI and Blockchain Funding

Eightco's stock surged following a $125 million funding round led by BitMine, Ark Invest, and Payward, fueling its expansion in AI and blockchain, including strategic investments in OpenAI and Beast Industries.

Source: IndexBox Mar 12, 2026

Strategy Boosts Bitcoin Holdings, BitMine Expands Ethereum Treasury in March 2026

Coverage of major corporate cryptocurrency acquisitions by Strategy and BitMine in early March 2026, alongside Nasdaq's partnership with Kraken for a future tokenized stock trading platform.

Source: IndexBox Mar 10, 2026

Crypto Market Rally Liquidates $463M in Shorts as Bitcoin Nears $69K

A broad cryptocurrency rally saw Bitcoin approach $69,000, with Ethereum and Solana surging over 12%, leading to $463 million in liquidations, mostly from short positions, and boosting related stocks.

Source: IndexBox Feb 26, 2026

Tom Lee at Consensus Hong Kong 2026: Focus on Entry Points, Not Market Bottom

At Consensus Hong Kong 2026, Fundstrat's Tom Lee advised investors to focus on market entry points over timing the bottom, suggesting Bitcoin is set to outperform gold for the year and analyzing Ethereum's potential recovery path.

Source: IndexBox Feb 11, 2026

Financial Statistics
Valuation Measures
Current
Quarterly
As of 06/22/2025
Market Cap: 27.95 M
Enterprise Value: 30.03 M
Trailing P/E: N/A
Forward P/E: N/A
PEG Ratio (5yr expected): N/A
Price/Sales (ttm): 2.33
Price/Book (mrq): 9.80
Enterprise Value/Revenue: 6.49
Enterprise Value/EBITDA: -8.25
Financial Highlights
Profitability and Income Statement
Profit Margin: -77.69%
Return on Assets (ttm): -17.78%
Return on Equity (ttm): -91.73%
Revenue (ttm): 4.63 M
Net Income Avi to Common (ttm): -6.55 M
Diluted EPS (ttm): -3.00
Balance Sheet and Cash Flow
Total Cash (mrq): 482.95 K
Total Debt/Equity (mrq): 89.74%
Levered Free Cash Flow (ttm): 2.70 M
Disclaimer:

IndexBox is not affiliated with, associated with, or endorsed by this company in any way. The information provided on this page, including company details, is solely for informational purposes. IndexBox makes no representations or warranties about the accuracy or completeness of the information provided.

All data and information is provided “as is” for informational purposes only, and is not intended for trading purposes or financial, investment, tax, legal, accounting or other advice. Please consult your broker or financial representative to verify pricing before executing any trade. IndexBox is not an investment adviser, financial adviser or a securities broker. None of the data and information constitutes investment advice nor an offering, recommendation or solicitation by IndexBox to buy, sell or hold any security or financial product, and IndexBox makes no representation (and has no opinion) regarding the advisability or suitability of any investment.