Equity · Financial services
Bitmine Immersion Technologies, Inc. (BMNR) perpetual futures
BMNR perpetual futures on 25 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade BMNRUSDT.
Bitmine Immersion Technologies is a US blockchain company offering consulting, advisory, equipment leasing, and hardware sales for the Bitcoin ecosystem, while managing an Ethereum treasury.
Price chart
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Trading data
Perpetual market activity
25/25 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
25 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | BMNR/USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +6.2 bps | $839K | $18.2M | $7.2M | USDT | - | |
 OKX | Trade | BMNR/USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +6.3 bps | $84.4K | $2.6M | $2.7M | USDT | 20x | |
 Bybit | Trade | BMNR/USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +8.7 bps | $98K | $1.5M | $1.8M | USDT | 25x | |
 Phemex | Trade | BMNR / USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +12.5 bps | $86.7K | $1.4M | $1.4M | USDT | 10x | |
 KuCoin | Trade | BMNR/USDT | Trading | $16.02 | 0.0% APR 0.000% every 8h | +12.5 bps | $8.1K | $440K | $481K | USDT | 20x | |
 Hyperliquid HIP-3 | Trade | xyz:BMNR | Trading | $16.03 | -311.5% APR -0.036% every 1h | +25.6 bps | $35.7K | $439.5K | $2.3M | USDC | 10x | |
 MEXC | Trade | BMNR/USDT | Trading | $16.06 | 0.0% APR 0.000% every 8h | +18.8 bps | $680.1K | $434.1K | $498.4K | USDT | 50x | |
 Variational | Trade | BMNR/USDC | Trading | $16.02 | 0.0% APR 0.000% every 8h | +13.7 bps | no public depth feed | $196.5K | $276.5K | USDC | - | |
 GRVT | Trade | BMNR/USDT | Trading | $16.04 | 0.0% APR 0.000% every 8h | +12.5 bps | $184.1K | $89.1K | $7.1K | USDT | - | |
 HTX | Trade | BMNR/USDT | Trading | $16.02 | 0.0% APR 0.000% every 8h | +66.9 bps | $410.1K | $49.3K | $10.9K | USDT | - | |
 Deribit | Trade | BMNR/USDC | Trading | $16.04 | +47.7% APR +0.044% every 8h | +25.0 bps | $189K | $40K | $32.7K | USDC | 10x | |
 BloFin | Trade | BMNR/USDT | Trading | $16.04 | -1.9% APR -0.00173% every 8h | +6.2 bps | $884.9K | $33.7K | $177.9K | USDT | 20x | |
 Ondo Perps | Trade | BMNR/USD | Trading | $16.02 | - | +43.8 bps | $166.4K | $28.1K | $47.3K | USDC | 5x | |
 Aster | Trade | BMNRUSDT | Trading | $16.14 | 0.0% APR 0.000% every 8h | +131.2 bps | $178.8K | $16.9K | $47.2K | USDT | - | |
 Extended | Trade | BMNR/USD | Trading | $16.04 | 0.0% APR 0.000% every 1h | +7.5 bps | - | $2.3K | $18K | USD | 10x | |
 Crypto.com Exchange | Trade | BMNR/USD | Trading | $16.04 | +5.0% APR +0.00057% every 1h | +100.2 bps | $14.6K | $19.9 | $1.7K | USD | 50x | |
 Vest | Trade | BMNR/USDC | Trading | $17.56 | +5.0% APR +0.00057% every 1h | +267.7 bps | $0 | - | - | USDC | 25x | |
 XT.com | Trade | BMNR/USDT | Trading | $16.04 | 0.0% APR 0.000% every 8h | +12.5 bps | $4.8K | $9.3M | - | USDT | 20x | |
 Ourbit | Trade | BMNR/USDT | Trading | $16.06 | 0.0% APR 0.000% every 8h | +6.3 bps | $4M | $28.7M⚠ | $96.3K | USDT | 50x | |
 Deepcoin | Trade | BMNR/USDT | Trading | $16.02 | +11.0% APR +0.010% every 8h | +6.3 bps | $1.3M | $12.4M⚠ | $1.2K | USDT | 25x | |
 Bitget | Trade | BMNR/USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +3.1 bps | $1.2M | $11.7M⚠ | $2M | USDT | 20x | |
 LBank | Trade | BMNR/USDT | Trading | $16.05 | 0.0% APR 0.000% every 8h | +6.3 bps | $847.5K | $6M⚠ | $63K | USDT | 50x | |
 Gate.io | Trade | BMNR/USDT | Trading | $16.02 | 0.0% APR 0.000% every 8h | +12.5 bps | $124.8K | $3.8M⚠ | $1.2M | USDT | 50x | |
 Bitunix | Trade | BMNR/USDT | Trading | $16.06 | +12.6% APR +0.011% every 8h | +6.3 bps | $2.9M | $1.1M⚠ | $87.7K | USDT | 20x | |
 BingX | Trade | BMNR-USDT | Trading | $16.05 | +5.5% APR +0.00500% every 8h | +6.3 bps | $968.8K | $731.6K⚠ | $1.4K | USDT | - |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| BMNRBbStocks | $16.02 | -0.23% | $4.1M | $7.6M | BNB Smart Chain (BEP20) |
| BMNRonOndo GM | $16.27 | +1.30% | $931k | $6.6M | Ethereum · Solana · BNB Smart Chain (BEP20) |
| BMNRxxStocks | $16.16 | +0.63% | $425k | $3.7M | Solana · Ethereum · Ink · TON |
| wBMNRxxStocks | $16.30 | +1.47% | $266k | – | X Layer |
| BMNRRobinhood | $16.38 | +1.99% | $32k | $101k | Robinhood Chain |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 pancakeswapDEX · bsc | BMNRB/USDT ↗ | $16.04 | $68k | $86k |
 uniswapDEX · robinhood | BMNR/WETH ↗ | $16.38 | $32k | $203k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 18 of 25 venues absorb $10k · Typical cost: +9.9 bps – +21.8 bps
Too thin: KuCoin, XT.com
No fresh book data: Aster, Crypto.com Exchange, Variational, Extended, Vest
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
BMNRTightest spread
BMNRHighest volume
BMNRFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
- -8.8% since the NYSE close · 25v
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6Company events
6Peer comparison
Similar listed perpsRevenue mix
Latest annualAnalysts
Price targets in USD| Consensus rating | Buy |
|---|---|
| Average 12-month price target | $63.60 |
| 12-month target range (low – high) | $63.60 – $63.60 |
| Ratings in the provider's consensus | 2 |
Price targets as of 2026-11-15
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 0 | 3 | 0 | 0 | 0 |
| Oct 2026 | 0 | 3 | 0 | 0 | 0 |
| Sep 2026 | 0 | 3 | 0 | 0 | 0 |
| Aug 2026 | 0 | 3 | 0 | 0 | 0 |
| Jul 2026 | 0 | 3 | 0 | 0 | 0 |
| Jun 2026 | 0 | 3 | 0 | 0 | 0 |
| May 2026 | 0 | 3 | 0 | 0 | 0 |
| Apr 2026 | 0 | 2 | 0 | 0 | 0 |
| Mar 2026 | 0 | 2 | 0 | 0 | 0 |
| Feb 2026 | 0 | 3 | 0 | 0 | 0 |
| Jan 2026 | 0 | 3 | 0 | 0 | 0 |
| Dec 2025 | 0 | 2 | 0 | 0 | 0 |
Ownership
Institutional · 2026-Q2Reference market activity
BMNR-PERPPrice performance
11Insider activity
FY2026 Q4Insider transactions
25CEO Tsang Chi Keung received awards of 30,211 stock options, 15,106 restricted stock units and 4,186 common shares. He converted 7,977 restricted stock units into 7,977 common shares and surrendered 4,213 shares for tax withholding.
Director Robert J. Sechan II reported on Form 4 that 4,749 restricted stock units were converted into 4,749 common shares of Bitmine Immersion Technologies at $0.00 per share on 2026-10-23, leaving 52,886 common shares owned.
Bitmine Immersion Technologies director Jason A Edgeworth converted 4,749 restricted stock units into 4,749 common shares on 2026-10-23, leaving 52,886 common shares owned.
Bitmine Immersion CFO/COO Kim Young Kyu was granted 264,360 stock options at $19.46 and 10,032 common shares, and 3,145 shares were withheld for tax (F-InKind) at $20.17.
Director Michael Stephen Maloney exercised an option (M-Exempt) for 3,999 common shares of Bitmine Immersion Technologies at $0.00, leaving 238,579 shares owned.
Filings
67 · Latest SEC filingsCEO Tsang Chi Keung received awards of 30,211 stock options, 15,106 restricted stock units and 4,186 common shares. He converted 7,977 restricted stock units into 7,977 common shares and surrendered 4,213 shares for tax withholding.
Director Robert J. Sechan II reported on Form 4 that 4,749 restricted stock units were converted into 4,749 common shares of Bitmine Immersion Technologies at $0.00 per share on 2026-10-23, leaving 52,886 common shares owned.
Bitmine Immersion CFO/COO Kim Young Kyu was granted 264,360 stock options at $19.46 and 10,032 common shares, and 3,145 shares were withheld for tax (F-InKind) at $20.17.
Director Michael Stephen Maloney exercised an option (M-Exempt) for 3,999 common shares of Bitmine Immersion Technologies at $0.00, leaving 238,579 shares owned.
Bitmine Immersion Technologies director Jason A Edgeworth converted 4,749 restricted stock units into 4,749 common shares on 2026-10-23, leaving 52,886 common shares owned.
Director Olivia Howe reported a single M-Exempt transaction: 4,749 restricted stock units converted into 4,749 common shares of Bitmine Immersion Technologies at $0.00 on 2026-10-23. She held 52,886 common shares afterward.
Director Love Lori converted 4,374 restricted stock units into 4,374 common shares of Bitmine Immersion Technologies via an exempt option/RSU exercise (M-Exempt) at $0.00; 49,905 common shares owned after.
Michael Stephen Maloney converted 3,999 restricted stock units into 3,999 common shares of Bitmine Immersion Technologies, now holding 234,580 shares directly.
Director Olivia Howe converted 4,749 restricted stock units into 4,749 shares of common stock on 2026-07-23, leaving 48,137 shares owned afterward.
Robert J. Sechan II converted 4,749 restricted stock units into 4,749 shares of common stock on 2026-07-23. This was an exercise/conversion of existing holdings, not an open-market purchase.
Director Jason A. Edgeworth converted 4,749 restricted stock units into 4,749 shares of common stock, now owning 48,137 shares directly.
Director Lori Love converted 4,374 restricted stock units into 4,374 shares of common stock, bringing her direct ownership to 45,531 shares.
Director Jason A. Edgeworth converted 4,749 restricted stock units into 4,749 common shares. After this, he directly owns 43,338 common shares and holds 14,247 RSUs remaining.
Director Olivia Howe converted 4,749 restricted stock units into 4,749 common shares, leaving 43,388 shares owned directly and 14,247 RSUs remaining.
Director Michael Maloney converted 3,999 restricted stock units into 3,999 common shares of Bitmine Immersion Technologies, now holding 230,581 common shares.
Director Robert J. Sechan II converted 4,749 RSUs into 4,749 common shares of Bitmine Immersion Technologies, now owning 43,388 shares directly.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.Company data
Company intelligence
Updated: Nov 15, 2026, 04:25 AM UTC
Company data
Company intelligence
Company profile
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Chief executive
- Chi Tsang
- Employees
- 3
- IPO date
- Jun 5, 2025
- Country
- US
- Exchange
- New York Stock Exchange
Rating factors
- Return on equityi
- 1/5
- Return on assetsi
- 1/5
- Debt to equityi
- 4/5
- Price to earningsi
- 1/5
- Price to booki
- 3/5
Company press releases
Congressional disclosures
House
Market cap history
Shown from Nov 9, 2026: earlier points count a different number of shares and are left out.
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.02% | 18.1M |
| VB | 0.18% | 13.1M |
| VBR | 0.31% | 8.3M |
| VXF | 0.17% | 6.6M |
| ARKK | 1.89% | 5.1M |
| SCHA | 0.29% | 2.7M |
| IGV | 0.44% | 2.7M |
| DAGB.L | 9.27% | 2.3M |
| IWR | 0.1% | 2.3M |
| FSMAX | 0.12% | 2.2M |
| DAPP | 9.51% | 1.7M |
| FSMDX | 0.07% | 1.6M |
Analyst track record
How the analysts covering BMNR have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 9 | 11 |
| Analysts | 3 | 4 |
| Buy / hold / sell | 9 / 0 / 0 | 11 / 0 / 0 |
| Upgrades / downgrades / initiations | 0 / 0 / 1 | 0 / 0 / 3 |
| Price targets hit / missed | 0 / 9 (0%) | 0 / 11 (0%) |
| Avg. return after a rating (TipRanks) | -49.8% | -54.3% |
| Best / worst call | -26.2% / -71.0% | -26.2% / -79.5% |
After buy calls on this stock: not enough measured cases yet
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Nov 13, 2026 | Fedor ShabalinB. Riley SecuritiesNov 13, 2026 | BuyMaintained | $27.00↗ | article ↗ |
| Oct 6, 2026 | Nathan FrankovitzCantor FitzgeraldOct 6, 2026 | BuyMaintained | $63.60↗ | article ↗ |
| Sep 22, 2026 | Fedor ShabalinB. Riley SecuritiesSep 22, 2026 | BuyMaintained | $34.00↗ | article ↗ |
| Sep 10, 2026 | Brett KnoblauchCantor FitzgeraldSep 10, 2026 | BuyMaintained | $63.60↗ | article ↗ |
| Sep 3, 2026 | Fedor ShabalinB. Riley SecuritiesSep 3, 2026 | BuyMaintained | $30.00↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 13, 2026 · 9 ratings
Frequently asked questions
Where can I trade BMNR perpetual futures?
Bitmine Immersion Technologies, Inc. (BMNR) perpetual futures trade on 25 crypto venues, including Ourbit, Binance, Deepcoin. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade BMNR around the clock?
Yes. Unlike the underlying stock, BMNR perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on BMNR perpetuals?
Right now the BMNR perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 25 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the BMNR perp price compare to the Bitmine Immersion Technologies, Inc. stock?
The venue-median BMNR perp mark is $16 versus a reference stock price of $16.1, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a BMNR perpetual future?
A BMNR perpetual is a derivative that tracks the price of Bitmine Immersion Technologies, Inc. with no expiry date. It lets you take long or short exposure to Bitmine Immersion Technologies, Inc. on crypto venues, around the clock.
What is BMNRUSDT perpetual?
BMNRUSDT is the symbol most crypto exchanges use for the Bitmine Immersion Technologies, Inc. perpetual settled in USDT (Tether). It tracks the BMNR share price through an index, trades 24/7 with leverage and never expires.
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