Buying back shares: share count down 43% in 3 years
No debt reported
Money moves
No insider buying or selling in the last 30 days
Institutions added 24% to their holdings in the quarter ending June 2026 (264 bought, 183 sold)
Held by Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$20.95-6.4% that day
Company value
$12.6B
Share price times all shares
Cash vs value
3%
Cash as a share of company value
From BMNR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, May '26
$46.5M
Aug '23Tap a barMay '26
Last 12 months: $61.2M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of BMNR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$78M
Profit in 5 years$8M
Price these guesses point to$0.25-99% vs $20.95 todayAbout -59% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.6.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.1 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$5.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-43.1% in 3 years
Revenue
$6.1M
Total debt
None
0.00x equity
Free cash flow
-$5.2M
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended May 31, 2026
Reported Nov 21, 2025
Revenue
$46.5M
EPS
-$0.15
vs -$0.31
Op. margin
-25.5%
-2.7 pts
Gross margin
87.7%
+63.8 pts
Free cash flow
$29.0M
Share count
+27404.1%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
83/ 100
This week
8
Normal week
1.6
vs normal
4.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+24.2%
Institutions added 24.2% to their holdings. 264 bought, 183 sold. 5 quarters of net buying in a row.
Shares held by institutions247.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+320.5%
Cash runwayAt last year's cash burn
984 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
603M
Why elevated risk
Share count growing 320.5% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 5
Next reportDue any dayEstimated from the same quarter last year
Results filedNov 21, 2025
Results filedJan 13, 2025
Results filedDec 11, 2024
Results filedJul 18, 2024
Results filedFeb 28, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days