$ 60.77
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Favourable price performance
About
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 Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overpriced on P/FCF.
Target Price
The average target price of BMNR is 60 and suggests 1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decrea
