BMNR (BitMine Immersion Technologies) Total Operating Expense: $9,740.15 Mil (TTM As of May. 2026)

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BMNR BitMine Immersion Technologies Inc BMNR
54 GF Score
Price $15.73
GF Value $19.83
Valuation Modestly Undervalued
! 2 Warning Signs
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What is BitMine Immersion Technologies Total Operating Expense?

BitMine Immersion Technologies BMNR -3.44% 54 Total Operating Expense is $9,740.15 Mil as of May. 2026. GuruFocus rates BMNR with a GF Score™ of 54/100 and a GF Value™ of $19.83 (Modestly Undervalued). The stock has 2 warning signs investors should review.

BitMine Immersion Technologies's Total Operating Expense for the three months ended in May. 2026 was $52.67 Mil. BitMine Immersion Technologies's Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was $9,740.15 Mil.

BitMine Immersion Technologies Total Operating Expense Related Terms

BitMine Immersion Technologies Total Operating Expense Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies's Total Operating Expense 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 Total Operating Expense Chart

BitMine Immersion Technologies Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Operating Expense
Get a 7-Day Free Trial 0.13 1.57 2.53 2.28 362.94

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
Total Operating Expense 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 0.78 360.30 5,455.47 3,871.70 52.67
BMNR
54GF Score
BitMine Immersion Technologies Inc BMNR
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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BitMine Immersion Technologies Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,740.15 Mil.

* 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.

What does a Total Operating Expense of $9,740.15 Mil mean?
BitMine Immersion Technologies (BMNR) has a Total Operating Expense of $9,740.15 Mil as of May. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on BitMine Immersion Technologies and its competitors.
Is BitMine Immersion Technologies' Total Operating Expense too high?
BitMine Immersion Technologies' current Total Operating Expense is $9,740.15 Mil. 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' Total Operating Expense compare to XP and FIGR?
BitMine Immersion Technologies' Total Operating Expense of $9,740.15 Mil 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 Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on BitMine Immersion Technologies and its competitors. BitMine Immersion Technologies's current Total Operating Expense is $9,740.15 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 $19.83, compared to a current price of $15.73 — trading 20.7% below its estimated fair value. The current Total Operating Expense is $9,740.15 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For BitMine Immersion Technologies (BMNR), the current Total Operating Expense is $9,740.15 Mil 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 undervalued. The current stock price of $15.73 is trading 20.7% below its estimated GF Value™ of $19.83. GuruFocus considers BitMine Immersion Technologies to be Modestly Undervalued.

Key valuation signals for BMNR:

  • Total Operating Expense: $9,740.15 Mil
  • GF Value™: $19.83 vs. price of $15.73 (20.7% below fair value)
  • GF Score™: 54/100 with 2 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.
54GF Score

Get the complete analysis for BMNR

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.73
Price
$19.83
GF Value