BitMine Immersion Technologies's quarterly market cap
increased
from Aug. 2025 ($10,238.22 Mil) to Nov. 2025 ($13,532.14 Mil) but then
declined
from Nov. 2025 ($13,532.14 Mil) to Feb. 2026 ($9,374.32 Mil).
BitMine Immersion Technologies's annual market cap
declined
from Aug. 2023 ($34.76 Mil) to Aug. 2024 ($28.85 Mil) but then
increased
from Aug. 2024 ($28.85 Mil) to Aug. 2025 ($10,238.22 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. BitMine Immersion Technologies's Enterprise Value for Today is $7,300.79 Mil.
BitMine Immersion Technologies (NYSE:BMNR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
BitMine Immersion Technologies Market Cap Related Terms
BitMine Immersion Technologies Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, BitMine Immersion Technologies's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BitMine Immersion Technologies Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where BitMine Immersion Technologies's Market Cap falls into.
BitMine Immersion Technologies Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BitMine Immersion Technologies (BMNR) has a Market Cap of $8,179.12 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on BitMine Immersion Technologies and its competitors. According to the industry distribution chart, BitMine Immersion Technologies ranks #67 out of 831 companies in the Capital Markets industry, placing it in the top 8.1%.
Is BitMine Immersion Technologies' Market Cap too high?
BitMine Immersion Technologies' current Market Cap is $8,179.12 Mil. The Capital Markets industry median Market Cap is 55.91. BitMine Immersion Technologies' value of $8,179.12 Mil is 14528% above this industry median. Based on the distribution chart, BitMine Immersion Technologies ranks #67 out of 831 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, BitMine Immersion Technologies has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BitMine Immersion Technologies' Market Cap compare to XP and FIGR?
According to the Capital Markets industry distribution chart, BitMine Immersion Technologies ranks #67 out of 831 companies for Market Cap. This places BitMine Immersion Technologies in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 55.91. BitMine Immersion Technologies' value of $8,179.12 Mil is 14528% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 55.91, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BitMine Immersion Technologies's current Market Cap of $8,179.12 Mil is 14528% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on BitMine Immersion Technologies and its competitors. For the Capital Markets industry, the median Market Cap is 55.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BitMine Immersion Technologies's current Market Cap is $8,179.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitMine Immersion Technologies stock overvalued right now?
Based on GuruFocus' analysis, BitMine Immersion Technologies (BMNR) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.77, compared to a current price of $14.36 — trading 27.4% below its estimated fair value. The current Market Cap is $8,179.12 Mil and 14528% above the Capital Markets industry median of 55.91. BitMine Immersion Technologies' overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For BitMine Immersion Technologies (BMNR), the current Market Cap is $8,179.12 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BitMine Immersion Technologies (BMNR) Overvalued in 2026?
Based on GuruFocus' analysis, BitMine Immersion Technologies stock appears to be undervalued.
The current stock price of $14.36 is trading 27.4% below its estimated GF Value™ of $19.77.
GuruFocus considers BitMine Immersion Technologies to be Modestly Undervalued.
Key valuation signals for BMNR:
Market Cap: $8,179.12 Mil
GF Value™: $19.77 vs. price of $14.36 (27.4% below fair value)
Industry Position: 14528% above the Capital Markets median (#67 of 831)
No single metric tells the full story. See the BMNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BitMine Immersion Technologies Business Description
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
54GF Score
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