BMNR (BitMine Immersion Technologies) Tax Rate %: 0.00% (As of May. 2026)

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BMNR BitMine Immersion Technologies Inc BMNR
41 GF Score
Price $24.97
GF Value $2.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BitMine Immersion Technologies Tax Rate %?

BitMine Immersion Technologies BMNR -5.60% 41 Tax Rate % is 0.00% as of May. 2026. GuruFocus rates BMNR with a GF Score™ of 41/100 and a GF Value™ of $2.02 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BitMine Immersion Technologies's Tax Expense for the three months ended in May. 2026 was $0.00 Mil. BitMine Immersion Technologies's Pre-Tax Income for the three months ended in May. 2026 was $-83.60 Mil. Therefore, BitMine Immersion Technologies's Tax Rate % for the quarter that ended in May. 2026 was 0.00%.

BitMine Immersion Technologies Tax Rate % Related Terms

BitMine Immersion Technologies Tax Rate % Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies's Tax Rate % can be seen below:

* 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 Tax Rate % Chart

BitMine Immersion Technologies Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 20.93

BitMine Immersion Technologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 20.80 1.74 0.00 0.00
BMNR
41GF Score
BitMine Immersion Technologies Inc BMNR
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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BitMine Immersion Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

BitMine Immersion Technologies's Tax Rate % for the fiscal year that ended in Aug. 2025 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2025 )/Pre-Tax Income (A: Aug. 2025 )
=92.295/440.872
=20.93 %

BitMine Immersion Technologies's Tax Rate % for the quarter that ended in May. 2026 is calculated as

Tax Rate %=Tax Expense (Q: May. 2026 )/Pre-Tax Income (Q: May. 2026 )
=0/-83.595
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
BitMine Immersion Technologies (BMNR) has a Tax Rate % of 0.00% as of May. 2026.
Is BitMine Immersion Technologies' Tax Rate % too high?
BitMine Immersion Technologies' current Tax Rate % is 0.00%. Overall, BitMine Immersion Technologies has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BitMine Immersion Technologies' Tax Rate % compare to IREN and SF?
BitMine Immersion Technologies' Tax Rate % of 0.00% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Capital Markets company?
A good Tax Rate % depends on the Capital Markets industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. BitMine Immersion Technologies's current Tax Rate % is 0.00%. 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 Significantly Overvalued. The stock's GF Value™ is $2.02, compared to a current price of $24.97 — trading 1136.1% above its estimated fair value. The current Tax Rate % is 0.00%. BitMine Immersion Technologies' overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For BitMine Immersion Technologies (BMNR), the current Tax Rate % is 0.00% as of May. 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 overvalued. The current stock price of $24.97 is trading 1136.1% above its estimated GF Value™ of $2.02. GuruFocus considers BitMine Immersion Technologies to be Significantly Overvalued.

Key valuation signals for BMNR:

  • Tax Rate %: 0.00%
  • GF Value™: $2.02 vs. price of $24.97 (1136.1% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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

Other Exchanges BMNR:MexicoY6G0:Germany
Address 10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135
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.
41GF Score

Get the complete analysis for BMNR

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.97
Price
$2.02
GF Value