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Companies / Information Technology / Bitmine Immersion Technologies, Inc.
BMNR

Bitmine Immersion Technologies, Inc.

Information TechnologyFinance Services
Ticker BMNRNORWALK, CTFiscal year ends AugustBook value per share $26.13Diluted shares 443.9M

Bitmine Immersion Technologies, Inc. (NYSE: BMNR) is a digital asset technology company focused on acquiring and managing ether (ETH) as its primary treasury reserve asset, giving investors indirect exposure through the company’s corporate holdings. Its strategy also includes bitcoin (BTC) treasury management and… From the company’s description.

Over the twelve months to May 31, 2026, Bitmine Immersion Technologies, Inc. reported revenue of $61.20M, up 1022.4% from a year earlier. In fiscal 2025, it reported revenue of $6.09M, up 84.1% from fiscal 2024, and net income of $348.58M.

Fiscal year 2025 · ends 08-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-05-31
Sales & profitability
$6.09MFY2025
+84.1% year over year
Last 12 mo $61.20M
7288.12%FY2025
+7362.1 percentage points
Last 12 mo -14504.50%
$348.58MFY2025
+10687.0% year over year
4.03%FY2025
+84.6 percentage points
Last 12 mo -75.47%
Cash & financing
$-4.15MFY2025
−14329.8% year over year
Last 12 mo $-293.11M
$-5.21MFY2025
−4880.6% year over year
Last 12 mo $-294.56M
0.00FY2025
Was 0.40× a year earlier
24.5MFY2025
−50.9% year over year
Last 12 mo 443.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bitmine Immersion Technologies, Inc. does

In the company’s own words

Bitmine Immersion Technologies, Inc. (NYSE: BMNR) is a digital asset technology company focused on acquiring and managing ether (ETH) as its primary treasury reserve asset, giving investors indirect exposure through the company’s corporate holdings. Its strategy also includes bitcoin (BTC) treasury management and digital asset ecosystem services, such as consulting and advisory work, equipment leasing, and arranging third-party power and hosting services. The company previously operated immersion-cooled mining sites, self-mined bitcoin, provided hosting and mining-as-a-service, and sold and leased equipment; it is winding down proprietary mining and deferring new site construction as it shifts toward an asset-light model. Its BTC mining activities include placing miners with third-party hosts and providing equipment and operational support. Bitmine may also stake ETH and pursue related yield-generating activities. As of November 20, 2025, its digital asset holdings totaled approximately $8.28 billion, consisting primarily of ETH, with smaller BTC holdings, equity interests in digital asset companies, and cash. It employed three people and engaged four dedicated contractors as of August 31, 2025. Its website is www.bitminetech.io.

Company details
Sector
Information Technology
Industry (SIC)
Finance Services
Headquarters
NORWALK, CT
Fiscal year end
August
CIK
1829311
SIC
6199

Financial performance, year by year

Fiscal 2021–2025 · USD
$-38.48M$67.08M$172.64M$278.20M$383.76M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bitmine Immersion Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

132
funds hold it
0 of 35
superinvestors hold it
$1.35B
held by funds, at market
15.1%
of shares held by funds

Largest fund holders · Bitmine Immersion Technologies, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.09%of fund net assets
ARK Innovation ETF
ARKK · ARK ETF Trust
—of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.16%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Bitmine Immersion Technologies, Inc. and its peers compare on margins and cash generation over ten years?”
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