Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc.

BMNR·AMEX

$21.52

+6.7%
Financial ServicesFinancial - Capital Markets

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. In addition, the company offers data centers, which provides power, racks, proprietary thermodynamic management, redundant connectivity, and security services, as well as software, which provides infrastructure management and custom firmware. 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.

At a Glance

Live Snapshot
Market Cap$9.79B
EPS1.3600
P/E Ratio15.82
Earnings Date04/14/2026
3Y+1325.0%
5Y-
10Y+963.0%
3Y-17483.0%
5Y-3728994.0%
10Y+90304822.0%
3Y+155.0%
5Y-44484.0%
10Y-149829.0%
Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. Profit Bridge

BMNR · AMEX
Revenue6.09M
Cost of Goods Sold (5.79M)
Gross Profit310.00K
Operating Expenses (-443.90M)
Operating Income444.21M
Interest Expense (245.00K)
Other Income/Expense-3.34M
Pretax Income440.87M
Income Tax (92.30M)
Net Income348.58M
Net Income
348.58M

Profitability Analysis

Gross Margin

5.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

7288.1%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

5719.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

20.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Bitmine Immersion Technologies, Inc. Income Statement

BMNR • AMEX

Bitmine Immersion Technologies, Inc. Income StatementAug 2025Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Dec 2013Dec 2012
REVENUE
6.1M
3.3M
645.3K
427.7K
0.0
0.0
87.1K
573.5K
GROSS PROFIT
(5.8M)
(2.5M)
(422.8K)
(556.7K)
(0.0)
(0.0)
(72.9K)
(402.8K)
310K
761K
222.5K
-129K
0.0
0.0
14.1K
170.7K
OPERATING INCOME
-443.9M
(3.2M)
(2.6M)
(1.6M)
(131.8K)
-9.3K
(40.7K)
(161.4K)
(14M)
(1.2M)
(2.1M)
(1.6M)
(131.8K)
(0.0)
(40.7K)
(161.4K)
444.2M
-2.4M
-2.4M
-1.7M
-131.8K
-9.3K
-26.6K
9.3K
PRE-TAX INCOME
(245K)
(268.6K)
(97.5K)
(291K)
(22.4K)
(0.0)
(2.6K)
(8.9K)
-244K
-214K
-68.7K
-291K
-22.4K
-9.3K
-2.6K
-8.9K
-457.9M
(2M)
(575.5K)
(11.5K)
(0.0)
-9.3K
(0.0)
(0.0)
-3.3M
-845K
-51.8K
-291K
-22.4K
0.0
-2.6K
-8.9K
440.9M
-3.3M
-2.5M
-2M
-154.2K
-9.3K
-29.2K
386.0
NET INCOME
(92.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
348.6M
-3.3M
-2.5M
-2M
-154.2K
-9.3K
-29.2K
386.0

SEC Filings

BMNR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 26, 2026
May 26, 2026
2026
8-K

8-K 2026

N/A

May 18, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
S-3

S-3

N/A

April 24, 2026
April 24, 2026
 
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
Showing 1 to 10 of 144 filings