MetaCap

BitMine Immersion Technologies (BMNR) vs IREN (IREN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

IREN (IREN) has outperformed BitMine Immersion Technologies (BMNR) over the past year, losing 40.6% versus a loss of 59.9%. BitMine Immersion Technologies is the larger company by market cap ($14.50 billion vs $14.07 billion), about 1.0 times the size. BitMine Immersion Technologies pays a dividend yielding 0.04%, while IREN does not currently pay one.

BitMine Immersion Technologies converts more of its revenue into profit, with a net margin of 5719.1% versus -99.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BMNR-59.93%IREN-40.57%
+32%-25%-83%
Oct 8, 20251 yearOct 8, 2026
BMNR+218.62%IREN+266.26%
+1776%+823%-130%
Jun 2, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BMNR versus IREN key metrics
MetricBMNRIREN
Share price$24.04$35.71
Market cap$14.50B$14.07B
1-day change-2.51%-7.70%
YTD return-11.45%-5.45%
1-year return-59.93%-40.57%
Forward P/E25.57—
EPS (TTM)$-4.50$-2.22
Dividend yield0.04%0.00%
Annual dividend$0.01$0.00
Revenue (latest FY)$6.09M$707.01M
Revenue growth (YoY)+84.12%+41.11%
Net income (latest FY)$348.58M$-702.62M
Gross margin5.09%68.92%
Operating margin7288.12%-148.05%
Net margin5719.06%-99.38%
52-week high$60.94$76.87
52-week low$12.80$28.93
Distance from 52-week high-60.55%-53.54%
Analyst consensusstrong_buybuy
Avg. price target upside+90.81%+118.82%
Average volume38.32M42.51M
Shares outstanding603.23M394.06M
Employees3685
SectorFinanceFinance
IndustryFinance: Consumer ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • IREN has outperformed BMNR by 19.4 percentage points over the past year.
  • BitMine Immersion Technologies is more profitable, keeping 5719.1 cents of every revenue dollar as net income versus -99.4 cents for IREN.
  • BitMine Immersion Technologies grew revenue faster in its latest fiscal year (+84.12% vs +41.11%).

About BitMine Immersion Technologies

BMNR stock →

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States.

Finance · Finance: Consumer Services · 3 employees

About IREN

IREN stock →

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.

Finance · Finance: Consumer Services · 685 employees

BMNR vs IREN FAQ

Which is bigger, BitMine Immersion Technologies or IREN?

BitMine Immersion Technologies (BMNR) is larger, with a market capitalization of $14.50B compared with $14.07B for IREN (IREN).

Which stock has performed better over the past year, BMNR or IREN?

IREN returned -40.57% over the past 12 months, compared with -59.93% for BMNR (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, BitMine Immersion Technologies or IREN?

BitMine Immersion Technologies pays a dividend yielding 0.04%, while IREN does not currently pay a regular dividend.

Are BitMine Immersion Technologies and IREN in the same industry?

Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.

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