BitMine - Public Comps and Valuation Multiples

BitMine Overview

About BitMine

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company’s primary business is data center focused, both mining Bitcoin for its account as well as hosting third-party Bitcoin mining servers. The Company’s primary business is 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. Company's state of the art facilities will be specifically designed and constructed for housing mining equipment. The data centers will provide power, racks, proprietary thermodynamic management.

Founded

1995

HQ

Employees

Website

bitminetech.io

Sectors

Blockchain & Crypto
FinTech

Financials

LTM Revenue n/a

LTM EBITDA n/a

EV

$18.0M

Valuation Multiples

Multiples.vc

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

BitMine Financials

BitMine has a last 12-month revenue of n/a and a last 12-month EBITDA of n/a.

In the most recent fiscal year, BitMine achieved revenue of $3.3M and an EBITDA of -$2.1M.

BitMine expects next 12-month revenue of XXX and NTM EBITDA of XXX

See BitMine valuation multiples based on analyst estimates

BitMine P&L

	FY 2023	FY 2024	FY 2025	LTM	NTM
Revenue	$0.6M	$3.3M	XXX	XXX	XXX
Gross Profit	-$0.1M	$0.2M	XXX	XXX	XXX
Gross Margin	-20%	7%	XXX	XXX	XXX
EBITDA	-$1.9M	-$2.1M	XXX	XXX	XXX
EBITDA Margin	-294%	-63%	XXX	XXX	XXX
Net Profit	-$2.0M	-$2.5M	XXX	XXX	XXX
Net Margin	-311%	-74%	XXX	XXX	XXX
Net Debt	n/a	$1.0M	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

BitMine Stock Performance

As of April 15, 2025, BitMine's stock price is $0.

BitMine has current market cap of $15.9M, and EV of $18.0M.

See BitMine trading valuation data

BitMine Stock Data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$18.0M	$15.9M	XXX	XXX	XXX	XXX	n/a

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

BitMine Valuation Multiples

As of April 15, 2025, BitMine has market cap of $15.9M and EV of $18.0M.

BitMine's trades at n/a LTM EV/Revenue multiple, and n/a LTM EBITDA.

Analysts estimate BitMine's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See valuation multiples for BitMine and 10K+ public comps

BitMine Financial Valuation Multiples

	FY 2024	FY 2025E	FY 2026E	FY 2027E
EV	$18.0M	XXX	XXX	XXX
EV/Revenue	5.4x	XXX	XXX	XXX
EV/EBITDA	-8.6x	XXX	XXX	XXX
P/E	-4.8x	XXX	XXX	XXX
P/E/Growth	n/a	XXX	XXX	XXX
EV/FCF	-172.0x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get BitMine Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

BitMine Valuation Multiples

BitMine's NTM/LTM revenue growth is n/a

BitMine's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.5M for the same period.

Over next 12 months, BitMine's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .

Analysts estimate BitMine's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See operational valuation multiples for BitMine and other 10K+ public comps

BitMine Operational Valuation Multiples

	FY 2024	NTM	FY 2025E	FY 2026E	FY 2027E
Revenue Growth	413%	XXX	XXX	XXX	XXX
EBITDA Margin	-63%	XXX	XXX	XXX	XXX
EBITDA Growth	11%	XXX	XXX	XXX	XXX
Rule of 40 (SaaS-only)	n/a	XXX	XXX	XXX	XXX
Revenue per Employee	$0.5M	XXX	XXX	XXX	XXX
Opex per Employee	$0.5M	XXX	XXX	XXX	XXX
S&M Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
G&A Expenses to Revenue	30%	XXX	XXX	XXX	XXX
R&D Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
Opex to Revenue	97%	XXX	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry