How to Buy Bitmine Immersion Technologies Stock
Bitmine Immersion Technologies Inc
Bitmine Immersion Technologies is a capital market company located in Nevada, United States, which is part of the Financial Services sector, and is traded under the ticker BMNR on the NYSEMKT exchange.
Bitmine Immersion Technologies stock last closed at $4.96, down 11.59% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Capital Markets industry by N/A percentage points. Bitmine Immersion Technologies stock is currently +2.9% from its 52-week low of $4.82, and -37.14% from its 52-week high of $7.89.
How to Buy Bitmine Immersion Technologies Stock
Not sure how to invest in Bitmine Immersion Technologies stock? Here's how.
- Decide where to buy Bitmine Immersion Technologies stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Bitmine Immersion Technologies stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Evaluate Bitmine Immersion Technologies stock: The Bitmine Immersion Technologies ticker symbol is BMNR. Is Bitmine Immersion Technologies stock a good investment? Should you buy shares of BMNR? How do BMNR's underlying business fundamentals look? Do top analysts think Bitmine Immersion Technologies is a good buy? Why has BMNR's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if BMNR is a good stock to buy).
- Execute your BMNR purchase: Decide if you will purchase BMNR shares at the current market price or use a limit order to purchase BMNR stock at a given price.
- Get the latest scoop on your BMNR investment: Create a watchlist to important updates regarding your investment in Bitmine Immersion Technologies stock.
Step 1: Decide where to buy Bitmine Immersion Technologies stock
You will need a brokerage account in order to access the NYSEMKT market and buy BMNR shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you are able to invest in BMNR stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the stocks app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your brokerage account.
Step 4: Evaluate Bitmine Immersion Technologies stock
After you have identified the best place to buy Bitmine Immersion Technologies stock, it's critical to research their stock prior to buying, so you actually comprehend the risk as well as the upside.
Bitmine Immersion Technologies Metrics
Fundamentals of BMNR
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BMNR's stock page.
Is BMNR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BMNR's fair value.
You can do more valuation research on BMNR's stock here.
BMNR Financial Summary
Positive Health Checks:
- BMNR has $980.50k in cash and short term investments. This is sufficient to cover its annual cash burn of $171.17k.
- There are more short-term assets than long-term liabilities on the BMNR balance sheet.
- BMNR has cash burn of 171172. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- BMNR has a relatively high debt to equity ratio of 1.63.
- There are more short-term liabilities than short-term assets on the BMNR balance sheet.
- BMNR profit margin has gone up by 0.55 percentage points in the past year, but the company is still unprofitable.
How is BMNR performing as a company?
Last year, BMNR revenue was $4.63M. During the past three year, BMNR's revenue has gone up by 230.48% per year. This was faster than the Capital Markets industry average of 16.71%.
Dive into BMNR's earnings and revenue performance here.
Who is buying/selling BMNR?
Over the past 12 months, executives and large shareholders at BMNR have not bought or sold any shares.
Get more info about who owns BMNR stock here.
Does BMNR provide a stable income stream?
No, Bitmine Immersion Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about BMNR?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your BMNR purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your BMNR investment
Now that you own some BMNR stock, you'll want to stay up-to-date on your company.
Add BMNR to a watchlist to track the most important metrics related to your BMNR stock.
BMNR Feed
How to Buy Stock in Bitmine Immersion Technologies
To reiterate, here are the 6 steps for buying Bitmine Immersion Technologies stock:
- Decide where to buy Bitmine Immersion Technologies stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Bitmine Immersion Technologies stock
- Execute your BMNR purchase
- Get the latest scoop on your BMNR investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Bitmine Immersion Technologies, click below.
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