BMNR vs. OKTA: Bitmine Immersion vs. Okta Stock Comparison
How do Bitmine Immersion (BMNR) and Okta (OKTA) 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 Okta (OKTA) both fall under the Software & Services industry group, but BMNR is classified in Software while OKTA is classified in IT Services.
Okta (OKTA) has been public since April 7, 2017, giving it a longer listed trading history, while Bitmine Immersion (BMNR) listed on June 5, 2025 and still has a shorter public-market record.
| Profile Item | BMNR | OKTA |
|---|---|---|
| Name | BitMine Immersion Technologies, Inc. | Okta Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 11.32 billion USD | 29.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE American | Nasdaq |
| Listing Date | June 5, 2025 | April 7, 2017 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| Total Return (1Y) | -52.72% | 108.64% |
| Total Return (3Y, Annualized) | -- | 38.93% |
| Total Return (5Y, Annualized) | -- | -7.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| Volatility (1Y, Annualized) | 89.23% | 70.25% |
| Beta (5Y) | 1.75 | 0.76 |
| Max Drawdown (5Y) | -90.14% | -83.22% |
| Avg. Volume (3M) | 36.95M | 4.23M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.64 | 1.49 |
| Sortino Ratio (1Y) | -0.93 | 2.65 |
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 Okta (OKTA) reports 4.31%, 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%
OKTA
Software & Services industry group
4.31%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- OKTA
- 4.31%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Both Bitmine Immersion (BMNR) at 0.00% and Okta (OKTA) at 9.63% 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%
OKTA
Software & Services industry group
9.63%
- Max
- 41.17%
- Q3
- 15.28%
- OKTA
- 9.63%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Bitmine Immersion (BMNR) at 8.42% and Okta (OKTA) at 13.29% 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%
OKTA
Software & Services industry group
13.29%
- Max
- 46.89%
- Q3
- 17.64%
- OKTA
- 13.29%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| ROE (TTM) | -150.91% | 4.31% |
| ROA (TTM) | -3.17% | 1.58% |
| Net Margin (TTM) | 0.00% | 9.63% |
| Operating Margin (TTM) | 8.42% | 13.29% |
| Gross Margin (TTM) | 84.44% | 78.13% |
Growth
Revenue Growth
Bitmine Immersion (BMNR) at 84.14% clears its industry range for revenue growth, far stronger top-line momentum than Okta (OKTA) at 11.84%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Okta (OKTA) reports EPS growth of 2,083.33%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.
Growth Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| Revenue Growth (YoY) | 84.14% | 11.84% |
| Revenue Growth (3Y CAGR) | 142.45% | 16.25% |
| EPS Growth (YoY) | -- | 2,083.33% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Okta (OKTA) at 1.53 keeps current ratio within its industry’s typical mid-range, while Bitmine Immersion (BMNR) at 36.68 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
OKTA
Software & Services industry group
1.53
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- OKTA
- 1.53
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Bitmine Immersion (BMNR) at 0.00 and Okta (OKTA) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
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
OKTA
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- OKTA
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| Current Ratio (MRQ) | 36.68 | 1.53 |
| Debt / Equity (MRQ) | 0.00 | 0.01 |
| Net Debt / EBITDA | -- | -7.00 |
Dividends
Dividend Yield (TTM)
Okta (OKTA) 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%
OKTA
Software & Services industry group
0.00%
- OKTA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Bitmine Immersion (BMNR) nor Okta (OKTA) 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%
OKTA
Software & Services industry group
0.00%
- OKTA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| 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: Okta (OKTA) trades at 101.62 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
- --
OKTA
Software & Services industry group
101.62
- Max
- 112.94
- OKTA
- 101.62
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Both look expensive on sales: Okta (OKTA) at 9.60 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
OKTA
Software & Services industry group
9.60
- Max
- 17.91
- OKTA
- 9.60
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Bitmine Immersion (BMNR) at 0.94 sits in the lower P/B ratio quartile against book while Okta (OKTA) at 4.23 is valued near its industry’s middle — BMNR is cheaper on assets, though weigh it against ROE and asset quality.
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
OKTA
Software & Services industry group
4.23
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- OKTA
- 4.23
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | BMNR | OKTA |
|---|---|---|
| P/E Ratio (TTM) | -- | 101.62 |
| P/S Ratio (TTM) | 184.93 | 9.60 |
| P/B Ratio (MRQ) | 0.94 | 4.23 |
| Free Cash Flow Yield (TTM) | -4.58% | 3.52% |