BMNR
Bitmine Immersion Technologies, Inc.
Price Chart
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Latest Quote
$25.32
| Previous Close | $23.80 |
| Open | $23.96 |
| Day High | $25.47 |
| Day Low | $23.70 |
| Volume | 41,181,680 |
Stock Information
| Quarterly Dividend / Yield | $0.01 / 0.04% |
| Shares Outstanding | 603.23M |
| Quarterly Dividend Yield | 0.04% |
| Quarterly Dividend | $0.01 |
| Total Debt | $1.32M |
| Cash Equivalents | $340.29M |
| Revenue | $61.20M |
| Net Income | $-8.77B |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $15.27B |
| EPS (TTM) | $-4.50 |
| Exchange | NYQ |
Recent Price History
About Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
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Income Statement (Annual)
| Metric | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $5,785,000 | $3,473,000 | $422,808 | $553,574 |
| Cost Of Revenue | $5,785,000 | $3,473,000 | $422,808 | $556,699 |
| Total Revenue | $6,095,000 | $3,310,000 | $645,278 | $427,669 |
| Operating Revenue | $6,095,000 | $3,310,000 | $645,278 | $427,669 |
| Expenses | ||||
| Interest Expense | $245,000 | $269,000 | $97,460 | $291,049 |
| Total Expenses | $368,728,000 | $5,752,000 | $2,953,571 | $2,130,317 |
| Other Income Expense | $803,749,000 | $-637,000 | $-87,852 | $-11,535 |
| Other Non Operating Income Expenses | $805,008,000 | - | $16,939 | - |
| Net Non Operating Interest Income Expense | $-244,000 | $-214,000 | $-68,740 | $-291,049 |
| Interest Expense Non Operating | $245,000 | $269,000 | $97,460 | $291,049 |
| Operating Expense | $362,943,000 | $2,279,000 | $2,530,763 | $1,573,618 |
| Other Operating Expenses | $348,959,000 | $1,293,352 | $985,537 | $489,096 |
| General And Administrative Expense | $13,984,000 | $2,279,000 | $859,971 | $1,084,522 |
| Selling And Marketing Expense | - | $0 | $214,550 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $348,577,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Net Interest Income | $-244,000 | $-214,000 | $-68,740 | $-291,049 |
| Interest Income | $1,000 | $55,000 | $28,720 | $0 |
| Normalized Income | $348,561,971 | $-2,967,000 | $-2,360,093 | $-1,993,698 |
| Net Income From Continuing And Discontinued Operation | $348,577,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Total Operating Income As Reported | $444,211,000 | $-2,448,000 | $-2,413,083 | $-1,714,184 |
| Net Income Common Stockholders | $328,161,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Net Income | $348,577,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Net Income Including Noncontrolling Interests | $348,577,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Net Income Continuous Operations | $348,577,000 | $-3,293,000 | $-2,464,886 | $-2,005,232 |
| Pretax Income | $440,872,000 | $-3,293,000 | $-2,464,886 | $-2,005,232 |
| Special Income Charges | $19,000 | $-326,000 | $-104,791 | $-11,535 |
| Earnings From Equity Interest | $-1,278,000 | $-311,000 | $0 | - |
| Interest Income Non Operating | $1,000 | $55,000 | $28,720 | $0 |
| Operating Income | $-362,633,000 | $-2,442,000 | $-2,308,294 | $-1,702,648 |
| Gross Profit | $310,000 | $-163,000 | $222,469 | $-129,030 |
| Depreciation Amortization Depletion Income Statement | - | $923,545 | $470,705 | $0 |
| Depreciation And Amortization In Income Statement | - | $923,545 | $470,705 | $0 |
| Depreciation Income Statement | - | $923,545 | $470,705 | $0 |
| Per Share | ||||
| Diluted EPS | $13.39 | $-1.32 | $-1.00 | $-1.00 |
| Basic EPS | $13.60 | $-1.32 | $-1.00 | $-1.00 |
| Other | ||||
| Tax Effect Of Unusual Items | $3,971 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $441,859,000 | $-1,774,000 | $-1,791,930 | $-1,699,523 |
| Total Unusual Items | $19,000 | $-326,000 | $-104,791 | $-11,535 |
| Total Unusual Items Excluding Goodwill | $19,000 | $-326,000 | $-104,791 | $-11,535 |
| Reconciled Depreciation | $761,000 | $924,000 | $470,705 | $3,125 |
| EBITDA (Bullshit earnings) | $441,878,000 | $-2,100,000 | $-1,896,721 | $-1,711,058 |
| EBIT | $441,117,000 | $-3,024,000 | $-2,367,426 | $-1,714,183 |
| Diluted Average Shares | $24,515,226 | $2,493,931 | $2,452,798 | $2,155,384 |
| Basic Average Shares | $24,137,713 | $2,493,931 | $2,452,798 | $2,155,384 |
| Diluted NI Availto Com Stockholders | $328,161,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Otherunder Preferred Stock Dividend | $17,455,000 | $0 | - | - |
| Preferred Stock Dividends | $2,961,000 | - | - | - |
| Tax Provision | $92,295,000 | $0 | - | - |
| Gain On Sale Of Ppe | $2,220,000 | $114,000 | $21,682 | $0 |
| Other Special Charges | $289,000 | $320,000 | - | - |
| Impairment Of Capital Assets | $1,912,000 | $120,000 | $126,473 | $11,535 |
| Selling General And Administration | $13,984,000 | $2,279,000 | $1,074,521 | $1,084,522 |
| Other Gand A | $13,984,000 | $2,279,000 | $501,331 | $1,084,522 |
| Gain On Sale Of Security | - | $-311,313 | $21,682 | - |
| Salaries And Wages | - | $452,247 | $358,640 | - |
| Write Off | - | - | $3,523 | $11,535 |
Balance Sheet (Annual)
| Metric | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $8,692,797,000 | $4,086,000 | $6,257,365 | $7,382,772 |
| Total Assets | $8,795,053,000 | $7,282,000 | $8,202,806 | $7,974,201 |
| Total Non Current Assets | $8,282,046,000 | $5,736,000 | $7,323,346 | $7,085,256 |
| Other Non Current Assets | $8,281,530,000 | $683,000 | - | - |
| Current Assets | $513,007,000 | $1,546,000 | $879,460 | $888,945 |
| Prepaid Assets | $498,000 | $673,000 | $105,000 | $5,000 |
| Receivables | $510,000 | $374,000 | $374,444 | $491,395 |
| Other Receivables | $510,000 | $374,000 | - | - |
| Cash Cash Equivalents And Short Term Investments | $511,999,000 | $499,000 | $270,547 | $392,550 |
| Cash And Cash Equivalents | $511,999,000 | $499,000 | $270,547 | $392,550 |
| Cash Equivalents | $511,999,000 | $499,000 | $270,547 | $392,550 |
| Cash Financial | $511,999,000 | $499,000 | $270,547 | $392,550 |
| Non Current Note Receivables | - | $280,834 | $1,386,749 | $532,345 |
| Non Current Accounts Receivable | - | $281,000 | - | - |
| Other Current Assets | - | $14,965 | $129,469 | - |
| Notes Receivable | - | $374,444 | $374,444 | $491,395 |
| Goodwill And Other Intangible Assets | - | - | $129,469 | $21,434 |
| Other Intangible Assets | - | - | $129,469 | $21,434 |
| Debt | ||||
| Net Debt | - | $1,126,000 | $1,029,453 | - |
| Total Debt | - | $1,625,000 | $1,300,000 | - |
| Current Debt And Capital Lease Obligation | - | $1,625,000 | $1,300,000 | - |
| Current Debt | - | $1,625,000 | $1,300,000 | - |
| Other Current Borrowings | - | $1,625,000 | $1,300,000 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $102,256,000 | $3,196,000 | $1,945,441 | $569,995 |
| Total Non Current Liabilities Net Minority Interest | $92,295,000 | $65,000 | $386,884 | $252,321 |
| Non Current Deferred Liabilities | $92,295,000 | $65,000 | $386,884 | $252,322 |
| Non Current Deferred Taxes Liabilities | $92,295,000 | $0 | - | - |
| Current Liabilities | $9,961,000 | $3,131,000 | $1,558,557 | $317,674 |
| Current Deferred Liabilities | $1,067,000 | $790,000 | $86,193 | $232,913 |
| Payables And Accrued Expenses | $8,894,000 | $716,000 | $172,364 | $84,761 |
| Other Current Liabilities | - | $-1 | - | - |
| Interest Payable | - | $315,609 | $97,460 | $0 |
| Payables | - | $400,584 | $74,904 | $84,761 |
| Accounts Payable | - | $400,584 | $74,904 | $84,761 |
| Other Non Current Liabilities | - | - | - | $-1 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $8,692,797,000 | $4,086,000 | $6,257,320 | $7,404,161 |
| Total Equity Gross Minority Interest | $8,692,797,000 | $4,086,000 | $6,257,365 | $7,404,206 |
| Stockholders Equity | $8,692,797,000 | $4,086,000 | $6,257,365 | $7,404,206 |
| Retained Earnings | $337,392,000 | $-8,224,000 | $-4,931,450 | $-2,466,566 |
| Preferred Stock Equity | - | $45 | $45 | $45 |
| Long Term Equity Investment | - | $667,707 | $987,429 | $0 |
| Other | ||||
| Ordinary Shares Number | $234,714,000 | $2,495,630 | $2,483,282 | $2,430,345 |
| Share Issued | $234,714,000 | $2,495,630 | $2,483,282 | $2,430,345 |
| Tangible Book Value | $8,692,797,000 | $4,086,000 | $6,257,320 | $7,382,727 |
| Invested Capital | $8,692,797,000 | $5,711,000 | $7,557,320 | $7,404,161 |
| Working Capital | $503,046,000 | $-1,585,000 | $-679,097 | $571,271 |
| Total Capitalization | $8,692,797,000 | $4,086,000 | $6,257,365 | $7,404,206 |
| Additional Paid In Capital | $8,355,382,000 | $12,310,000 | $11,183,803 | $9,865,866 |
| Capital Stock | $23,000 | $0 | $5,012 | $4,906 |
| Common Stock | $23,000 | $0 | $4,967 | $4,861 |
| Preferred Stock | $0 | $0 | $45 | $45 |
| Non Current Deferred Revenue | $0 | $65,000 | $386,884 | $252,322 |
| Current Deferred Revenue | $1,067,000 | $790,000 | $86,193 | $232,913 |
| Current Accrued Expenses | $8,894,000 | $716,000 | $97,460 | $0 |
| Net PPE | $516,000 | $4,772,000 | $4,949,168 | $6,531,477 |
| Accumulated Depreciation | $-153,000 | $-1,394,000 | $-470,705 | $-3,125 |
| Gross PPE | $669,000 | $6,166,000 | $5,419,873 | $6,534,602 |
| Other Properties | $669,000 | $6,166,000 | $5,419,873 | $6,534,602 |
| Properties | $369,000 | $3,094,000 | - | - |
| Investments And Advances | - | $667,707 | $987,429 | $0 |
| Investmentsin Joint Venturesat Cost | - | $667,707 | $987,429 | $0 |
| Machinery Furniture Equipment | - | - | $253,751 | - |
Cash Flow Statement (Annual)
| Metric | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-5,214,000 | $-106,000 | $-1,422,003 | $-4,396,549 |
| Operating Activities | ||||
| Operating Cash Flow | $-4,149,000 | $-30,000 | $-809,715 | $-1,629,243 |
| Cash Flow From Continuing Operating Activities | $-4,149,000 | $-28,000 | $-809,714 | $-1,629,244 |
| Operating Gains Losses | $-653,000 | $343,000 | - | - |
| Investing Activities | ||||
| Capital Expenditure | $-1,065,000 | $-76,000 | $-612,288 | $-2,767,306 |
| Investing Cash Flow | $-7,432,009,000 | $-67,000 | $-612,288 | $-2,767,306 |
| Cash Flow From Continuing Investing Activities | $-7,432,009,000 | $-68,000 | $-612,288 | $-2,767,306 |
| Net Other Investing Changes | - | $1,000 | - | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $7,948,276,000 | $0 | $0 | $1,812,500 |
| Financing Cash Flow | $7,947,659,000 | $325,000 | $1,300,000 | $4,570,363 |
| Cash Flow From Continuing Financing Activities | $7,947,659,000 | $325,000 | $1,300,000 | $4,570,363 |
| Net Preferred Stock Issuance | $225,000 | $0 | - | - |
| Preferred Stock Issuance | $225,000 | $0 | - | - |
| Net Common Stock Issuance | $7,948,051,000 | $0 | $0 | $1,812,500 |
| Common Stock Issuance | $7,948,051,000 | $0 | $0 | $1,812,500 |
| Other | ||||
| Repayment Of Debt | $-1,902,000 | $0 | - | - |
| Issuance Of Debt | $1,285,000 | $325,000 | $1,300,000 | $2,757,863 |
| End Cash Position | $511,999,000 | $499,000 | $270,547 | $392,550 |
| Beginning Cash Position | $499,000 | $270,000 | $392,550 | $218,737 |
| Changes In Cash | $511,500,000 | $229,000 | $-122,003 | $173,813 |
| Net Issuance Payments Of Debt | $-617,000 | $325,000 | $1,300,000 | $2,757,863 |
| Net Short Term Debt Issuance | $-617,000 | $325,000 | $1,300,000 | $2,757,863 |
| Short Term Debt Payments | $-1,902,000 | $0 | - | - |
| Short Term Debt Issuance | $1,285,000 | $325,000 | $1,300,000 | $2,757,863 |
| Net Investment Purchase And Sale | $-7,430,944,000 | $0 | - | - |
| Sale Of Investment | $2,187,000 | $0 | - | - |
| Purchase Of Investment | $-7,433,131,000 | $0 | - | - |
| Net Business Purchase And Sale | $0 | $8,000 | $0 | - |
| Sale Of Business | $0 | $8,000 | $0 | - |
| Net PPE Purchase And Sale | $-1,065,000 | $-76,000 | $-612,288 | $-2,767,306 |
| Purchase Of PPE | $-1,065,000 | $-76,000 | $-612,288 | $-2,767,306 |
| Change In Working Capital | $98,870,000 | $790,000 | $-256,529 | $-483,860 |
| Change In Other Working Capital | $92,508,000 | $704,000 | $-12,158 | $485,234 |
| Change In Other Current Assets | $-2,515,000 | $-225,000 | $-108,035 | $-21,434 |
| Change In Payables And Accrued Expense | $8,699,000 | $507,000 | $87,602 | $81,081 |
| Change In Accrued Expense | $8,699,000 | $507,000 | $97,460 | $0 |
| Change In Prepaid Assets | $178,000 | $-570,000 | $-100,000 | $-5,000 |
| Change In Receivables | $0 | $374,000 | $-123,938 | $-1,023,741 |
| Other Non Cash Items | $348,967,000 | $-37,000 | $-1 | $1 |
| Stock Based Compensation | $2,425,000 | $1,123,000 | $1,318,044 | $856,724 |
| Unrealized Gain Loss On Investment Securities | $-805,008,000 | $0 | - | - |
| Asset Impairment Charge | $1,912,000 | $120,000 | $122,950 | $0 |
| Depreciation Amortization Depletion | $761,000 | $924,000 | $470,705 | $3,125 |
| Depreciation And Amortization | $761,000 | $924,000 | $470,705 | $3,125 |
| Depreciation | $761,000 | $924,000 | $470,705 | $3,125 |
| Earnings Losses From Equity Investments | $1,278,000 | $311,000 | $0 | - |
| Gain Loss On Investment Securities | $-3,748,000 | - | - | - |
| Gain Loss On Sale Of PPE | $1,528,000 | $32,000 | $0 | - |
| Net Income From Continuing Operations | $348,577,000 | $-3,293,000 | $-2,464,884 | $-2,005,233 |
| Change In Interest Payable | - | $218,149 | $97,460 | $0 |
| Change In Payable | - | $374,616 | $-9,858 | $81,081 |
| Change In Account Payable | - | $374,616 | $-9,858 | $81,081 |
| Interest Paid Supplemental Data | - | - | - | - |
| Income Tax Paid Supplemental Data | - | - | - | - |