BMNR vs. DDOG: Bitmine Immersion vs. Datadog Stock Comparison

November 11, 2026

How do Bitmine Immersion (BMNR) and Datadog (DDOG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Bitmine Immersion (BMNR) and Datadog (DDOG) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Datadog (DDOG) has been public since September 19, 2019, giving it a longer listed trading history, while Bitmine Immersion (BMNR) listed on June 5, 2025 and still has a shorter public-market record.

Company profile comparison for Bitmine Immersion (BMNR) and Datadog (DDOG)
Profile Item	BMNR	DDOG
Name	BitMine Immersion Technologies, Inc.	Datadog Inc. Class A
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Software & Services	Software & Services
GICS Industry	Software	Software
GICS Sub-Industry	Application Software	Application Software
Market Capitalization	11.32 billion USD	64.64 billion USD
Currency	USD	USD
Exchange	NYSE American	Nasdaq
Listing Date	June 5, 2025	September 19, 2019
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BMNR

DDOG

GSPC

Bitmine Immersion (BMNR) vs. Datadog (DDOG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Bitmine Immersion (BMNR) and Datadog (DDOG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Bitmine Immersion (BMNR) and Datadog (DDOG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Total Return (1Y)	-52.72%	-5.64%
Total Return (3Y, Annualized)	--	21.65%
Total Return (5Y, Annualized)	--	-1.69%

Risk Profile

Drawdown History

BMNR

DDOG

GSPC

Bitmine Immersion (BMNR) vs. Datadog (DDOG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Bitmine Immersion (BMNR) and Datadog (DDOG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Volatility (1Y, Annualized)	89.23%	70.49%
Beta (5Y)	1.75	1.57
Max Drawdown (5Y)	-90.14%	-68.11%
Avg. Volume (3M)	36.95M	3.82M

Risk-Adjusted Performance

Risk-Return Positioning

BMNR and DDOG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Sharpe Ratio (1Y)	-0.64	-0.14
Sortino Ratio (1Y)	-0.93	-0.21

Profitability

ROE (TTM)

Bitmine Immersion (BMNR) reports a negative ROE of -150.91%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Datadog (DDOG) reports 6.43%, ranking against industry peers normally.

BMNR

Software & Services industry group

-150.91%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%
BMNR: -150.91%

DDOG

Software & Services industry group

6.43%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
DDOG: 6.43%
Q1: -9.59%
Min: -50.52%

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both Bitmine Immersion (BMNR) at 0.00% and Datadog (DDOG) at 6.12% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BMNR

Software & Services industry group

0.00%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
BMNR: 0.00%
Q1: -5.42%
Min: -33.17%

DDOG

Software & Services industry group

6.12%

Max: 41.17%
Q3: 15.28%
DDOG: 6.12%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both Bitmine Immersion (BMNR) at 8.42% and Datadog (DDOG) at 6.33% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BMNR

Software & Services industry group

8.42%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
BMNR: 8.42%
Q1: -2.13%
Min: -30.45%

DDOG

Software & Services industry group

6.33%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
DDOG: 6.33%
Q1: -2.13%
Min: -30.45%

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
ROE (TTM)	-150.91%	6.43%
ROA (TTM)	-3.17%	0.91%
Net Margin (TTM)	0.00%	6.12%
Operating Margin (TTM)	8.42%	6.33%
Gross Margin (TTM)	84.44%	79.61%

Growth

Revenue Growth

Both companies are growing quickly, but Bitmine Immersion (BMNR) at 84.14% is the standout with revenue growth above its industry range; Datadog (DDOG) at 27.68% also sits in the top quartile.

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Datadog (DDOG) reports EPS growth of -40.38%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Revenue Growth (YoY)	84.14%	27.68%
Revenue Growth (3Y CAGR)	142.45%	26.95%
EPS Growth (YoY)	--	-40.38%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Both Bitmine Immersion (BMNR) at 36.68 and Datadog (DDOG) at 3.51 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

BMNR

Software & Services industry group

36.68

BMNR: 36.68
Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
Min: 0.03

DDOG

Software & Services industry group

3.51

Max: 5.11
DDOG: 3.51
Q3: 2.77
Median: 1.67
Q1: 1.01
Min: 0.03

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Bitmine Immersion (BMNR) at 0.00 keeps leverage in the lower industry quartile, while Datadog (DDOG) at 0.28 runs a more typical debt-to-equity mix.

BMNR

Software & Services industry group

0.00

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
BMNR: 0.00
Min: 0.00

DDOG

Software & Services industry group

0.28

Max: 2.52
Q3: 1.13
Median: 0.40
DDOG: 0.28
Q1: 0.07
Min: 0.00

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Current Ratio (MRQ)	36.68	3.51
Debt / Equity (MRQ)	0.00	0.28
Net Debt / EBITDA	--	-23.06

Dividends

Dividend Yield (TTM)

Datadog (DDOG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bitmine Immersion (BMNR) reports a yield of 0.05%, ranking against industry peers normally.

BMNR

Software & Services industry group

0.05%

BMNR: 0.05%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

DDOG

Software & Services industry group

0.00%

DDOG: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Bitmine Immersion (BMNR) nor Datadog (DDOG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BMNR

Software & Services industry group

0.00%

BMNR: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

DDOG

Software & Services industry group

0.00%

DDOG: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
Dividend Yield (TTM)	0.05%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Datadog (DDOG) trades at 248.67 times trailing earnings, ranked against its peers, while Bitmine Immersion (BMNR) has no P/E ratio this period.

BMNR

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
BMNR: --

DDOG

Software & Services industry group

248.67

DDOG: 248.67
Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69

Bitmine Immersion (BMNR) vs. Datadog (DDOG): BMNR does not report P/E ratio, so it has no value marker; DDOG is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Both look expensive on sales: Datadog (DDOG) at 15.11 sits in the upper P/S ratio quartile, and Bitmine Immersion (BMNR) at 184.93 prices even higher, above its industry range.

BMNR

Software & Services industry group

184.93

BMNR: 184.93
Max: 17.91
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

DDOG

Software & Services industry group

15.11

Max: 17.91
DDOG: 15.11
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Bitmine Immersion (BMNR) at 0.94 looks cheap against book in the lower P/B ratio quartile, while Datadog (DDOG) at 13.71 carries a premium in the upper quartile — a clear price-to-book gap.

BMNR

Software & Services industry group

0.94

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
BMNR: 0.94
Min: -3.90

DDOG

Software & Services industry group

13.71

Max: 16.63
DDOG: 13.71
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90

Bitmine Immersion (BMNR) vs. Datadog (DDOG): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bitmine Immersion (BMNR) and Datadog (DDOG)
Metric	BMNR	DDOG
P/E Ratio (TTM)	--	248.67
P/S Ratio (TTM)	184.93	15.11
P/B Ratio (MRQ)	0.94	13.71
Free Cash Flow Yield (TTM)	-4.58%	1.65%