Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. (NYSE: BMNR) is trading at $26.43, about ₹2,539 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, down 1.12% today. Indian residents can buy Bitmine Immersion Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$26.22
Today's high
$27.95
52 week low
$12.80
52 week high
$65.60
BMNR opened at $27.33, closed previously at $26.73, and has traded between $12.80 and $65.60 over the past 52 weeks.
About
Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.
Key statistics
Avg. volume
38.95M
Market cap
$15.05B
P/E Ratio
-1.15
Price-to-sales ratio
246.00
Enterprise value
$10.02B
Free cash flow yield
-0.05%
Debt-to-equity ratio
0.00
Return on equity
4.01%
ROIC
4.00%
Beta
1.56
Dividend yield
0.04%
Last dividend
$0.01
Financial overview
Revenue
$6.09M
Earnings per share
$1.36
Free cash flow
-$5.21M
Net profit margin
-14306.56%
Gross margin
83.48%
EBITDA
$441.88M
Revenue growth
84.12%
Similar securities
This is not an investment recommendation
How to buy Bitmine Immersion Technologies from India
Indian residents can buy Bitmine Immersion Technologies shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Bitmine Immersion Technologies and place an order
Find Bitmine Immersion Technologies by name or by its ticker, BMNR, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Bitmine Immersion Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Bitmine Immersion Technologies position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Bitmine Immersion Technologies from India
Trading and taxes when buying Bitmine Immersion Technologies from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Bitmine Immersion Technologies’ current yield is 0.04%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Bitmine Immersion Technologies stock?
Yes. Bitmine Immersion Technologies (BMNR) has been listed on the New York Stock Exchange since 2025, in the Financial - Capital Markets industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Bitmine Immersion Technologies share cost in rupees?
One Bitmine Immersion Technologies share is $26.43 — about ₹2,539 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Bitmine Immersion Technologies price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Bitmine Immersion Technologies from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Bitmine Immersion Technologies?
Yes. One Bitmine Immersion Technologies share is $26.43, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Bitmine Immersion Technologies.
How are gains on Bitmine Immersion Technologies shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Bitmine Immersion Technologies price. Paasa issues a capital-gains statement for your return.
Does Bitmine Immersion Technologies pay a dividend, and how is it taxed in India?
Yes. Bitmine Immersion Technologies pays a dividend and the current yield is 0.04%; the last declared dividend was $0.01 per share, about ₹0.96. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Bitmine Immersion Technologies from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Bitmine Immersion Technologies shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Bitmine Immersion Technologies shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Bitmine Immersion Technologies holding, its cost and its closing value.
How do I sell Bitmine Immersion Technologies and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.