BMNR Shariah Compliance

Screening Methodology: AAOIFI

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Bitmine Immersion Technologies Inc

Bitmine Immersion Technologies Inc. Stock Analysis BMNR

United States Information Technology Small Cap
Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. The company is headquartered in Las Vegas, Nevada and currently employs 7 full-time employees. The company went IPO on 2021-05-26. The firm operates in the cryptocurrency mining industry. Its business includes industrial scale digital asset mining, equipment sales and hosting operations. The company is engaged in self-mining bitcoin for its own account, as well as hosting third party equipment used in mining of digital asset coins and tokens, specifically bitcoin. The company conducts digital asset mining operations using specialized computers equipped with application-specific integrated circuit chips. Its data centers provide power, racks, thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that improves performance and energy efficiency.
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BMNR Chart

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Bitmine Immersion Technologies Inc vs S&P 500 Comparative Returns

Analysis of BMNR stock performance compared to the broader market (S&P 500) across multiple timeframes.

YTD Performance
  • Bitmine Immersi... (BMN...) 10315.38%
  • S&P 500 5.05%
Bitmine Immersi... Outperformed S&P 500 by 10310.33%
1Y Performance
  • Bitmine Immersi... (BMN...) 7422.22%
  • S&P 500 13.06%
Bitmine Immersi... Outperformed S&P 500 by 7409.16%
3Y Performance
  • Bitmine Immersi... (BMN...) 1721.52%
  • S&P 500 62.03%
Bitmine Immersi... Outperformed S&P 500 by 1659.49%
5Y Performance
  • Bitmine Immersi... (BMN...) 2720.83%
  • S&P 500 99.19%
Bitmine Immersi... Outperformed S&P 500 by 2621.64%

FAQ's

Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.