Bitmine Immersion Technologies, Stock Shares Outstanding
| BMNR Stock | USD 31.13 0.55 1.74% |
Fundamental analysis of BitMine Immersion allows traders to better anticipate movements in BitMine Immersion's stock price by examining its financial health and performance throughout various phases of its business cycle.
As of 08/05/2025, Common Stock Shares Outstanding is likely to drop to about 2.7 M. BitMine | Shares Outstanding | Build AI portfolio with BitMine Stock |
BitMine Immersion Technologies, Company Shares Outstanding Analysis
BitMine Immersion's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current BitMine Immersion Shares Outstanding | 112.31 M |
Most of BitMine Immersion's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BitMine Immersion Technologies, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BitMine Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for BitMine Immersion is extremely important. It helps to project a fair market value of BitMine Stock properly, considering its historical fundamentals such as Shares Outstanding. Since BitMine Immersion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BitMine Immersion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BitMine Immersion's interrelated accounts and indicators.
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BitMine Shares Outstanding Historical Pattern
Today, most investors in BitMine Immersion Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BitMine Immersion's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of BitMine Immersion shares outstanding as a starting point in their analysis.
BitMine Immersion Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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BitMine Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, BitMine Immersion Technologies, has 112.31 M of shares currently outstending. This is 40.86% lower than that of the Capital Markets sector and 66.15% lower than that of the Financials industry. The shares outstanding for all United States stocks is 80.36% higher than that of the company.
BitMine Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BitMine Immersion's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BitMine Immersion could also be used in its relative valuation, which is a method of valuing BitMine Immersion by comparing valuation metrics of similar companies.BitMine Immersion is currently under evaluation in shares outstanding category among its peers.
BitMine Immersion ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BitMine Immersion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BitMine Immersion's managers, analysts, and investors.Environmental | Governance | Social |
BitMine Fundamentals
| Return On Equity | -0.95 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.65) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 3.56 B | ||||
| Shares Outstanding | 112.31 M | ||||
| Shares Owned By Insiders | 9.14 % | ||||
| Number Of Shares Shorted | 1.54 M | ||||
| Price To Book | 1,236 X | ||||
| Price To Sales | 652.54 X | ||||
| Revenue | 3.31 M | ||||
| Gross Profit | 1.03 M | ||||
| EBITDA | (2.1 M) | ||||
| Net Income | (3.29 M) | ||||
| Cash And Equivalents | 499.91 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.62 M | ||||
| Debt To Equity | 1.66 % | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 1.40 X | ||||
| Cash Flow From Operations | (28.75 K) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (3.03) X | ||||
| Target Price | 60.0 | ||||
| Beta | 1.39 | ||||
| Market Capitalization | 3.56 B | ||||
| Total Asset | 7.28 M | ||||
| Retained Earnings | (8.22 M) | ||||
| Working Capital | (1.57 M) | ||||
| Net Asset | 7.28 M |
About BitMine Immersion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BitMine Immersion Technologies,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BitMine Immersion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BitMine Immersion Technologies, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with BitMine Immersion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BitMine Immersion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BitMine Immersion will appreciate offsetting losses from the drop in the long position's value.Moving together with BitMine Stock
Moving against BitMine Stock
The ability to find closely correlated positions to BitMine Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BitMine Immersion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BitMine Immersion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BitMine Immersion Technologies, to buy it.
The correlation of BitMine Immersion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BitMine Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BitMine Immersion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BitMine Immersion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BitMine Stock Analysis
When running BitMine Immersion's price analysis, check to measure BitMine Immersion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BitMine Immersion is operating at the current time. Most of BitMine Immersion's value examination focuses on studying past and present price action to predict the probability of BitMine Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitMine Immersion's price. Additionally, you may evaluate how the addition of BitMine Immersion to your portfolios can decrease your overall portfolio volatility.