Company research
BITMINE IMMERSION TECHNOLOGIES, INC.
CIK 1829311Updated Sep 24, 2026
Name history
Sandy Springs Holdings, Inc. · through Jul 27, 2021
BMNR price & chart
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NYSE:BMNR on TradingView ↗About the company
Bitmine Immersion Technologies, Inc. (NYSE: BMNR), and its subsidiaries (“Bitmine” or the “Company”), is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. As the world’s leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional investors and public market participants. The Company provides institutional-grade staking and validation infrastructure - through which it earns staking rewards and validation income - alongside bitcoin mining activities. Bitmine holds digital assets strategically, generating yield on those holdings to support liquidity and capital formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company’s activities further include investments in early-stage blockchain opportunities (“moonshot” investments) and ancillary mining, hosting, and consulting services.
In the news
Bitmine Immersion Technologies (BMNR) maakt bekend dat het 5,98 miljoen ETH-tokens in bezit heeft en dat het totale bezit aan cryptovaluta en contanten 17,1 miljard USD bedraagt. ↗
Bitmine Immersion Technologies annuncia il prezzo dell'offerta ampliata di azioni privilegiate perpetue di Serie A ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Termination of a Material Definitive Agreement · Regulation FD Disclosure
Items 1.02, 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,795,053,000Source | 7,283,529Source | 8,202,805Source | 7,974,201Source |
| Property, Plant and Equipment, NetUSD | 516,000Source | 4,772,000Source | 4,949,168Source | 6,531,477Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 511,999,000Source | 499,270Source | 270,547Source | 392,550Source |
| Assets, CurrentUSD | 513,007,000Source | 1,563,679Source | 749,991Source | 888,945Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 102,256,000Source | 3,195,530Source | 1,945,440Source | 569,995Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 23,000Source | 4,991Source | 4,967Source | 4,861Source |
| Additional Paid in CapitalUSD | 8,355,382,000Source | 12,306,833Source | 11,183,720Source | 9,865,866Source |
| Retained Earnings (Accumulated Deficit)USD | 337,392,000Source | -8,223,870Source | -4,931,367Source | -2,466,566Source |
| Stockholders' Equity Attributable to ParentUSD | 8,692,797,000Source | 4,087,999Source | 6,257,365Source | 7,404,205Source |
| Liabilities and EquityUSD | 8,795,053,000Source | 7,283,529Source | 8,202,805Source | 7,974,201Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,961,000Source | 3,130,885Source | 1,558,556Source | 317,673Source |
| Accounts Payable, CurrentUSD | — | 400,584Source | 74,903Source | 84,761Source |
| Deferred Income Tax Liabilities, NetUSD | 92,295,000Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 8,894,000Source | — | — | — |
| Deferred Revenue, CurrentUSD | — | — | 86,193Source | — |
| Deferred Revenue, NoncurrentUSD | — | 64,645Source | 386,884Source | 252,322Source |
| Deferred Tax Liabilities, NetUSD | 804,404,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 470,705Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,425,000Source | 1,123,138Source | 1,317,961Source | 856,724Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -4,149,000Source | -28,753Source | -809,715Source | -1,629,243Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,432,009,000Source | -67,525Source | -612,288Source | -6,107,306Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,065,000Source | 75,934Source | 612,288Source | 6,107,306Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 7,947,659,000Source | 325,000Source | 1,300,000Source | 7,910,361Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 7,717,761,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 511,500,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 499,270Source | 270,547Source | 392,550Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 0Source |
| Income Taxes Paid, NetUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| DepreciationUSD | 761,000Source | 923,545Source | 470,705Source | 3,125Source |
| Equipment ExpenseUSD | — | — | — | 25,000Source |
| Gain (Loss) on InvestmentsUSD | — | -311,313Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -1,528,000Source | -31,641Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | 35,379Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -289,000Source | -355,123Source | — | — |
| General and Administrative ExpenseUSD | 13,984,000Source | 164,228Source | 293,989Source | 227,597Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,278,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 92,295,000Source | — | — | — |
| InterestExpenseNonoperatingUSD | 245,000Source | — | — | — |
| Investment Income, InterestUSD | 1,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 348,577,000Source | -3,292,503Source | -2,464,801Source | -2,005,233Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 328,161,000Source | — | — | — |
| Nonoperating Income (Expense)USD | — | -845,018Source | -51,801Source | -291,048Source |
| Operating ExpensesUSD | -443,901,000Source | 3,208,513Source | 2,635,470Source | 1,585,154Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 6,095,000Source | — | — | 427,669Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 444,211,000Source | -2,447,485Source | -2,413,001Source | -1,714,184Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 440,872,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 92,295,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 348,577,000Source | -3,292,503Source | -2,464,801Source | -2,005,233Source |
| Earnings Per Share, BasicUSD per share | 13.6Source | -0.07Source | -0.05Source | -0.05Source |
| Earnings Per Share, DilutedUSD per share | 13.39Source | -0.07Source | -0.05Source | -0.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 24,137,713Source | 49,878,610Source | 49,055,973Source | 43,107,688Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 24,515,226Source | 49,878,610Source | 49,055,973Source | 43,107,688Source |
| Interest Expense (non-operating)USD | 245,000Source | — | — | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 470,705Source | 3,125Source |
| Equipment ExpenseUSD | — | — | — | 25,000Source |
| Gain (Loss) on InvestmentsUSD | — | -311,313Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | 35,379Source | — | — |
| General and Administrative ExpenseUSD | 13,984,000Source | 164,228Source | 293,989Source | 227,597Source |
| Gross ProfitUSD | — | 761,027Source | 222,469Source | -129,030Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,278,000Source | — | — | — |
| Interest and Other IncomeUSD | 1,000Source | 54,617Source | 28,720Source | — |
| Investment Income, InterestUSD | 1,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 328,161,000Source | — | — | — |
| Nonoperating Income (Expense)USD | — | -845,018Source | -51,801Source | -291,048Source |
| Operating ExpensesUSD | -443,901,000Source | 3,208,513Source | 2,635,470Source | 1,585,154Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | 2,961,000Source | — | — | — |
| Preferred Stock Dividends, Income Statement ImpactUSD | 17,455,000Source | — | — | — |
Filing attachments
ex99-1.htm · 8-K · 2026-09-21
Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.98 Million Tokens, and Total Crypto and Total Cash Holdings of $17.1 Billion Bitmine owns 4.9% of the total ETH coin supply of 122.1 million Bitmine is 98% of the way to the ‘Alchemy of 5%’ in just 15 months ETH is the best performing macro asset in Q3 of 2026 to date, outperforming the S&P 500 by 6,519bp Tom Lee to deliver the keynote at KBW on September 30, 2026 Bitmine was added to the Russell 1000 Large-c…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-14
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.96 Million Tokens, and Total Crypto and Total Cash Holdings of $15.8 Billion Bitmine owns 4.9% of the total ETH coin supply of 122.0 million Bitmine is 98% of the way to the ‘Alchemy of 5%’ in just 15 months ETH is the best performing macro asset in Q3 of 2026 to date, outperforming the S&P 500 by 5,866bp Tom Lee to deliver the keynote at KBW on September 30, 2026 Bitmine was …
Read attachment ↗ex99-1.htm · 8-K · 2026-09-08
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.93 Million Tokens, and Total Crypto and Total Cash Holdings of $15.7 Billion Bitmine owns 4.9% of the total ETH coin supply of 122.0 million Bitmine is 97% of the way to the ‘Alchemy of 5%’ in just 15 months Crypto equities are largest contributor to Russell 1000 quarter to date, representing 4 of the top 21 stocks Bitmine common stock gain of 99% quarter to date is 4th best of…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-31
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.90 Million Tokens, and Total Crypto and Total Cash Holdings of $15.6 Billion Bitmine owns 4.9% of the total ETH coin supply of 120.7 million Bitmine is 98% of the way to the ‘Alchemy of 5%’ in just 15 months ETH is the best performing macro asset in 3Q26 so far, outperforming the S&P 500 by 5,430bp Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-24
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billion Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 97% of the way to the ‘Alchemy of 5%’ in just 14 months ETH gained 30% in the past week, the largest weekly gain since May 2025 and July 2021. Both precedent instances were followed by subsequent gains of +170% and +167%, respect…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-17
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.82 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 Billion Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 14 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 1.7 mill…
Read attachment ↗