BitMine Immersion Technologies, Inc.

BitMine Immersion Technologies, Inc.

BMNR · NYSE · Financial Services / Capital Markets

17.58USD-0.87 (-4.72%)

Price History

Full chart

Market Stats

Previous Close18.45
Open18.30
Day Range17.22 – 18.35
52-Week Range12.80 – 65.58
Volume23.59M
Market Cap16.91B
P/E (TTM)0.00
Forward P/E0.00
EPS-4.59
Dividend Yield0.04%
Beta1.35
50-Day Avg21.30
200-Day Avg21.97

About

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.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Seth Aaron Bayles
  • Employees3
  • Headquarters10845 Griffith Peak Drive, Las Vegas, NV, United States, 89135, USA
  • Websitehttps://bitminetech.io

Leadership

  • Mr. Seth Aaron BaylesGeneral Counsel · b. 1981
  • Mr. Young KimCFO, COO & Director

Financials

Income Statement

Currency: USD2012-08-312013-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Revenue573.45K87.07K--427.67K645.28K3.31M6.09M
Growth (%)--84.82%---+50.88%+413.01%+84.12%
Cost of Revenue402.76K72.94K--556.70K422.81K2.55M5.79M
Gross Profit170.69K14.13K---129.03K222.47K761.03K310.00K
Gross Margin29.76%16.23%---30.17%34.48%22.99%5.09%
Operating Expense161.38K40.69K--1.59M2.64M3.21M-443.90M
Operating Income9.31K-26.56K-9.35K-131.81K-1.71M-2.41M-2.45M444.21M
Operating Margin1.62%-30.50%---400.82%-373.95%-73.93%7288.12%
EBITDA10.07K-17.39K-9.35K--1.71M-1.90M-2.10M441.88M
EBITDA Margin1.76%-19.97%---400.09%-293.93%-63.45%7249.84%
Net Income386-29.20K-9.35K-154.24K-2.01M-2.46M-3.29M348.58M
Net Income Margin0.07%-33.54%---468.87%-381.98%-99.46%5719.06%
Interest Expense8.92K2.64K9.35K22.42K291.05K97.46K268.58K245.00K
Interest Expense % of Total Revenue1.56%3.04%--68.05%15.10%8.11%4.02%

Balance Sheet

Currency: USD2012-08-312013-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Assets229.28K184.75K1.93K646.03K7.97M8.20M7.28M8.80B
Total Liabilities533.69K524.68K52.01K285.48K570.00K1.95M3.20M102.26M
Total Equity-304.41K-339.93K-50.08K360.55K7.40M6.26M4.09M8.69B
Cash-1.38K1.93K218.74K392.55K270.55K499.00K512.00M
Total Debt532.07K524.68K50.45K277.30K-1.30M1.63M-
Net Debt532.07K523.30K48.52K58.56K-392.55K1.03M1.13M-512.00M

Cash Flow

Currency: USD2012-08-312013-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Operating Cash Flow2.77K-28.71K9.35K-76.36K-1.63M-809.72K-28.75K-4.15M
Investing Cash Flow-25.00K---427.30K-2.77M-612.29K-67.53K-7.43B
Financing Cash Flow44.00K4.83K-720.46K4.57M1.30M325.00K7.95B
Capital Expenditure040427.30K2.77M612.29K75.93K1.06M
Free Cash Flow2.77K-28.71K9.35K-503.66K-4.40M-1.42M-104.69K-5.21M
Dividends Paid-------2.96M
FCF to OCF99.96%100.01%100.00%659.57%269.85%175.62%364.09%125.67%
Dividend Paid to FCF--------56.79%

Earnings

Report DateMar 31, 2011Jun 30, 2011Sep 30, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014May 31, 2021Aug 31, 2021Nov 30, 2021Feb 28, 2022May 31, 2022Aug 31, 2022Nov 30, 2022Feb 28, 2023May 31, 2023Aug 31, 2023Nov 30, 2023Feb 29, 2024May 31, 2024Aug 31, 2024Nov 30, 2024Apr 14, 2025Jul 2, 2025Nov 21, 2025Jan 13, 2026Apr 14, 2026Jul 14, 2026Nov 20, 2026
EPS Estimate--------------------------------0.100.150.170.070.20
EPS Actual-0.29-3.270.000.000.68-1.560.69-0.49-0.01-0.530.23-0.000.07-0.01-0.14-0.07-0.35-0.05-0.22-0.31-0.19-0.13-0.21-0.47-0.37-0.36-0.26-0.33-1.66-0.58-0.313.65-0.19-0.08-0.13-
Surprise-------------------------------3750.00%-226.67%-147.06%-285.71%-
Timing-------------------------------Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap16.91B
Enterprise Value16.23B
Trailing P/E0.00
Forward P/E0.00
Price / Sales276.30
Price / Book1.43
EPS-4.59
Book Value20.01
Revenue (TTM)61.20M
Gross Profit (TTM)51.67M
EBITDA-294.06M
Profit Margin0.00%
Operating Margin8.42%
Return on Equity-150.91%
Return on Assets-3.17%
Shares Outstanding603.23M
Shares Float594.47M
Beta1.35
Dividend Yield0.04%
Dividend Rate0.01
Payout Ratio0.31%

Ownership Breakdown

Institutions
41.42%
Insiders
0.66%
Retail / Other
57.92%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    20.34M3.37%
  • Clear Street Group Inc
    14.64M2.43%
  • Morgan Stanley - Brokerage Accounts
    13.79M2.29%
  • BlackRock Inc
    11.08M1.84%
  • ARK Investment Management LLC
    9.70M1.61%
  • Marex Group Ltd
    9.18M1.52%
  • Vanguard Portfolio Management, LLC
    8.61M1.43%
  • Susquehanna International Group, LLP
    8.53M1.41%
  • NORGES BANK
    6.15M1.02%
  • Geode Capital Management, LLC
    5.77M0.96%
  • Sumitomo Mitsui Trust Group Inc
    4.45M0.74%
  • Amova Asset Management Americas, Inc
    4.45M0.74%
  • Charles Schwab Investment Management Inc
    4.41M0.73%
  • Weiss Asset Management LP
    4.33M0.72%
  • Jane Street Group LLC
    3.88M0.64%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    18.12M3.00%
  • Vanguard Small Cap Index
    13.11M2.17%
  • Vanguard MStar Small Cap Value Index
    8.32M1.38%
  • ARK Innovation ETF
    5.17M0.86%
  • Fidelity Tactical High Income Sr F8
    5.02M0.83%

Dividends

20251×
0.01Dec 8, 2025

Stock Splits

  • May 16, 20251:20
  • Apr 27, 20211:200
  • Feb 24, 20122:1
  • Mar 10, 20111:8
  • Dec 19, 20081:20
  • Jun 26, 20081:5
  • Oct 15, 20021:50