Comprehensive Stock Comparison

Compare American Bitcoin Corp (ABTC) vs Bitmine Immersion Technologies, Inc. (BMNR) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthBMNR84.1% revenue growth vs ABTC's 10.1%
ValueBMNRLower P/E (1.4x vs 68.0x)
Quality / MarginsBMNR57.2% net margin vs ABTC's 6.0%
Stability / SafetyABTCBeta 2.15 vs BMNR's 2.38
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)BMNR+251.7% vs ABTC's -26.6%
Efficiency (ROA)ABTC-8.8% ROA vs BMNR's -42.3%, ROIC 47.2% vs 7.7%
Bottom line: BMNR leads in 4 of 7 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and valuation and capital efficiency. American Bitcoin Corp is the better choice for capital preservation and lower volatility and operational efficiency and capital deployment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

ABTCAmerican Bitcoin Corp
Financial Services

American Bitcoin Corp is a Bitcoin accumulation company that operates large-scale mining facilities while also strategically purchasing Bitcoin on the open market. It generates revenue primarily from Bitcoin mining rewards—which account for the majority of its income—supplemented by opportunistic trading gains from its strategic Bitcoin purchases. The company's competitive advantage lies in its dual accumulation strategy that combines low-cost mining operations with market-timing purchases, allowing it to maximize Bitcoin holdings per share.

BMNRBitmine Immersion Technologies, Inc.
Financial Services

Bitmine Immersion Technologies operates as a blockchain infrastructure company that hosts cryptocurrency mining equipment for third parties and engages in self-mining for its own account. It generates revenue primarily from hosting fees paid by clients for mining equipment operation—including power, cooling, and security services—and from mining rewards earned through its own operations. The company's competitive advantage lies in its specialized data center infrastructure with proprietary thermodynamic management systems that optimize mining efficiency and reduce energy costs.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ABTCAmerican Bitcoin Corp

Segment breakdown not available.

BMNRBitmine Immersion Technologies, Inc.
FY 2024
Hosting Revenue
91.6%$3M
Revenue From Sale Of Mining Equipment
7.0%$231,133
Hosting Services
1.5%$48,305

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

BMNR 2ABTC 1
Financial MetricsBMNR3/4 metrics
Valuation MetricsTie2/4 metrics
Profitability & EfficiencyABTC6/8 metrics
Total ReturnsBMNR6/6 metrics
Risk & VolatilityTie1/2 metrics
Analyst Outlook0/0 metrics

BMNR leads in 2 of 6 categories (Financial Metrics, Total Returns). ABTC leads in 1 (Profitability & Efficiency). 2 tied.

Financial Metrics (TTM)

ABTC is the larger business by revenue, generating $72M annually — 11.7x BMNR's $6M. BMNR is the more profitable business, keeping 57.2% of every revenue dollar as net income compared to ABTC's 6.0%.

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
RevenueTrailing 12 months$72M$6M
EBITDAEarnings before interest/tax-$111M$224M
Net IncomeAfter-tax profit-$102M-$4.9B
Free Cash FlowCash after capex-$85M-$234M
Gross MarginGross profit ÷ Revenue+44.8%+5.1%
Operating MarginEBIT ÷ Revenue+6.8%+72.9%
Net MarginNet income ÷ Revenue+6.0%+57.2%
FCF MarginFCF ÷ Revenue-125.4%-85.5%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year-11051.7%
BMNR leads this category, winning 3 of 4 comparable metrics.

Valuation Metrics

At 1.4x trailing earnings, BMNR trades at a 35% valuation discount to ABTC's 2.2x P/E. On an enterprise value basis, ABTC's 0.4x EV/EBITDA is more attractive than BMNR's 16.3x.

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
Market CapShares × price$199M$7.8B
Enterprise ValueMkt cap + debt − cash$205M$7.2B
Trailing P/EPrice ÷ TTM EPS2.17x1.42x
Forward P/EPrice ÷ next-FY EPS est.68.00x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple0.40x16.28x
Price / SalesMarket cap ÷ Revenue2.79x1272.33x
Price / BookPrice ÷ Book value/share0.91x0.05x
Price / FCFMarket cap ÷ FCF
Evenly matched — ABTC and BMNR each lead in 2 of 4 comparable metrics.

Profitability & Efficiency

ABTC delivers a -17.7% return on equity — every $100 of shareholder capital generates $-18 in annual profit, vs $-43 for BMNR. On the Piotroski fundamental quality scale (0–9), ABTC scores 5/9 vs BMNR's 4/9, reflecting solid financial health.

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
ROE (TTM)Return on equity-17.7%-43.1%
ROA (TTM)Return on assets-8.8%-42.3%
ROICReturn on invested capital+47.2%+7.7%
ROCEReturn on capital employed+61.6%+10.1%
Piotroski ScoreFundamental quality 0–954
Debt / EquityFinancial leverage0.01x
Net DebtTotal debt minus cash$5M-$512M
Cash & Equiv.Liquid assets$0$512M
Total DebtShort + long-term debt$6M$0
Interest CoverageEBIT ÷ Interest expense-6641.25x-12890.65x
ABTC leads this category, winning 6 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in BMNR five years ago would be worth $601 today (with dividends reinvested), compared to $1 for ABTC. Over the past 12 months, BMNR leads with a +251.7% total return vs ABTC's -26.6%. The 3-year compound annual growth rate (CAGR) favors BMNR at -1.7% vs ABTC's -77.6% — a key indicator of consistent wealth creation.

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
YTD ReturnYear-to-date-42.7%-39.1%
1-Year ReturnPast 12 months-26.6%+251.7%
3-Year ReturnCumulative with dividends-98.9%-5.0%
5-Year ReturnCumulative with dividends-100.0%-94.0%
10-Year ReturnCumulative with dividends-100.0%-50.5%
CAGR (3Y)Annualised 3-year return-77.6%-1.7%
BMNR leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

ABTC is the less volatile stock with a 2.15 beta — it tends to amplify market swings less than BMNR's 2.38 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BMNR currently trades 11.8% from its 52-week high vs ABTC's 7.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
Beta (5Y)Sensitivity to S&P 5002.15x2.38x
52-Week HighHighest price in past year$14.65$161.00
52-Week LowLowest price in past year$0.63$3.92
% of 52W HighCurrent price vs 52-week peak+7.0%+11.8%
RSI (14)Momentum oscillator 0–10033.341.9
Avg Volume (50D)Average daily shares traded10.2M36.1M
Evenly matched — ABTC and BMNR each lead in 1 of 2 comparable metrics.

Analyst Outlook

Consensus price targets imply 292.2% upside for ABTC (target: $4) vs 105.5% for BMNR (target: $39).

MetricABTCAmerican Bitcoin …BMNRBitmine Immersion…
Analyst RatingConsensus buy/hold/sellBuy
Price TargetConsensus 12-month target$4.00$39.00
# AnalystsCovering analysts1
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises1
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockApr 20Feb 26Change
American Bitcoin Co… (ABTC)1000.01-100.0%
Bitmine Immersion T… (BMNR)60.8177.03+26.7%

Bitmine Immersion T… (BMNR) returned -94% over 5 years vs American Bitcoin Co… (ABTC)'s -100%.

Chart 2Revenue Growth — 10 Years

Stock20122025Change
American Bitcoin Co… (ABTC)$16M$72M+357.1%
Bitmine Immersion T… (BMNR)$573450.00$6M+962.9%

Bitmine Immersion Technologies, Inc.'s revenue grew from $1M (2012) to $6M (2025) — a 19.9% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20122025Change
American Bitcoin Co… (ABTC)-2.2%6.0%+376.7%
Bitmine Immersion T… (BMNR)0.1%57.2%+84878.7%

Bitmine Immersion Technologies, Inc.'s net margin went from 0% (2012) to 57% (2025).

Chart 4EPS Growth — 10 Years

Stock20122025Change
American Bitcoin Co… (ABTC)-4,226.740.47+100.0%
Bitmine Immersion T… (BMNR)013.39

Bitmine Immersion Technologies, Inc.'s EPS grew from $0.00 (2012) to $13.39 (2025).

Chart 5Free Cash Flow — 5 Years

2021
$-8M
$-1M
2022
$-120M
$-4M
2023
$-57M
$-1M
2024
$-90M
$-0M
2025
$-5M
American Bitcoin Co… (ABTC)Bitmine Immersion T… (BMNR)

American Bitcoin Corp generated $-90M FCF in 2024 (-993% vs 2021). Bitmine Immersion Technologies, Inc. generated $-5M FCF in 2025 (-935% vs 2021).

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ABTC vs BMNR: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is ABTC or BMNR a better buy right now?

Bitmine Immersion Technologies, Inc. (BMNR) offers the better valuation at 1.4x trailing P/E, making it the more compelling value choice. Analysts rate Bitmine Immersion Technologies, Inc. (BMNR) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — ABTC or BMNR?

On trailing P/E, Bitmine Immersion Technologies, Inc. (BMNR) is the cheapest at 1.4x versus American Bitcoin Corp at 2.2x.

03

Which is the better long-term investment — ABTC or BMNR?

Over the past 5 years, Bitmine Immersion Technologies, Inc. (BMNR) delivered a total return of -94.0%, compared to -100.0% for American Bitcoin Corp (ABTC). A $10,000 investment in BMNR five years ago would be worth approximately $601 today (assuming dividends reinvested). Over 10 years, the gap is even starker: BMNR returned -50.5% versus ABTC's -100.0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — ABTC or BMNR?

By beta (market sensitivity over 5 years), American Bitcoin Corp (ABTC) is the lower-risk stock at 2.15β versus Bitmine Immersion Technologies, Inc.'s 2.38β — meaning BMNR is approximately 11% more volatile than ABTC relative to the S&P 500.

05

Which has better profit margins — ABTC or BMNR?

Bitmine Immersion Technologies, Inc. (BMNR) is the more profitable company, earning 57.2% net margin versus 599.6% for American Bitcoin Corp — meaning it keeps 57.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BMNR leads at 72.9% versus 676.7% for ABTC. At the gross margin level — before operating expenses — ABTC leads at 44.8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is ABTC or BMNR more undervalued right now?

Analyst consensus price targets imply the most upside for ABTC: 292.2% to $4.00.

07

Which pays a better dividend — ABTC or BMNR?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is ABTC or BMNR better for a retirement portfolio?

For long-horizon retirement investors, Bitmine Immersion Technologies, Inc. (BMNR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. American Bitcoin Corp (ABTC) carries a higher beta of 2.15 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (BMNR: -50.5%, ABTC: -100.0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between ABTC and BMNR?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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ABTC

Quality Mega-Cap Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 359%
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BMNR

High-Growth Quality Leader

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 42%
  • Net Margin > 3431%
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Better Than Both

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Net Margin>
%
(ABTC: 599.6% · BMNR: 5719.1%)
P/E Ratio<
x
(ABTC: 2.2x · BMNR: 1.4x)