BMNR

Bitmine Immersion Technologies, Inc. Financials Finance Services Russell 3000
$20.18Close $4.7BMarket cap $13.31 – $46.6452-week range

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 25 · weaker than 75% of stocks over 12 months
  • Far from its high 57% below its 52-week high

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Aug 31, 2025 · filed Jul 14, 2026
Off 12-month high 57%
1wk down 9.9% price change
1mo down 23.6% price change
12-month return down 55% market up 11% · its own down 70%
F-score 5 / 9 Mixed
Altman Z″ 90.10 Low risk
P/E 13.5× price / earnings
PEG — P/E / EPS growth
P/B 0.5× price / book
Earnings yield — EBIT / enterprise value
Cheaper than 71% of the market · cheap
Revenue growth up 84% year on year
EPS growth — latest quarter
Sales growth up 2168% latest quarter · +1540 pts
ROE up 8% return on equity
Free cash margin —
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests
  • operating cash flow is negative
  • profits not fully backed by cash
  • issued more shares
  • gross margin narrowed
  • profitable on its assets
  • profitability improving
  • reduced long-term debt
  • short-term liquidity improved
  • assets working harder

Trade setup

ATR% 7.3% $1.48 a day · 2×ATR $17.22
RS 25 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 1.00 50 sessions
Implied move — no scheduled report
Contractions 2 29% → 20%
Pivot $24.54 17.8% below
Volume dry-up 0.8× 10 vs 50 sessions
Trend template · 2 of 8
  • 50-day average above the 150 and 200-day: passes
  • At least 30% above the 52-week low: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Shareholders diluted The share count rose 9315023.2% over the year, from 0m to 232m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Gross margin narrowing Gross margin fell from 23.0% to 5.1%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Nov 21, 2025

Financials

5 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $6.1M +84% on FY2024
$0 $10M FY21 FY22 FY23 FY24 FY25 FY2021 · $0 FY2022 · $427,669 FY2023 · $645,278 FY2024 · $3.3M FY2025 · $6.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $348.6M back to a profit
$0 $500M FY21 FY22 FY23 FY24 FY25 FY2021 · -$154,239 FY2022 · -$2.0M FY2023 · -$2.5M FY2024 · -$3.3M FY2025 · $348.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 5%
  • Net 5719%
0% 10000% FY21 FY22 FY23 FY24 FY25 FY2021 FY2022 · Gross -30% · Net -469% FY2023 · Gross 34% · Net -382% FY2024 · Gross 23% · Net -99% FY2025 · Gross 5% · Net 5719%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY21 FY22 FY23 FY24 FY25 FY2021 · Cash $218,737 FY2022 · Cash $392,550 FY2023 · Cash $270,547 FY2024 · Cash $499,000 FY2025 · Cash $512.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 232.41m +474.8% since FY2021
232.41m 2.50k FY21 FY22 FY23 FY24 FY25 FY2021 · 40.43m FY2022 · 48.61m FY2023 · 49.67m FY2024 · 2.50k FY2025 · 232.41m
  FY2021Aug 31, 2021 FY2022Aug 31, 2022 FY2023Aug 31, 2023 FY2024Aug 31, 2024 FY2025Aug 31, 2025
Revenue $0 $427,669 $645,278 $3.3M $6.1M
Gross margin — -30% 34% 23% 5%
Operating income -$131,815 -$1.7M -$2.4M -$2.4M $444.2M
Net income -$154,239 -$2.0M -$2.5M -$3.3M $348.6M
Net margin — -469% -382% -99% 5719%
Earnings per share -$0.02 -$0.05 -$0.05 -$1.32 $14.22
Cash $218,737 $392,550 $270,547 $499,000 $512.0M
Shareholders' equity $360,551 $7.4M $6.3M $4.1M $8.7B
Shares outstanding 40.43m 48.61m 49.67m 2.50k 232.41m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Jul 14, 2026 Quarterly ↗ May 31, 2026 44d
Apr 14, 2026 Quarterly ↗ Feb 28, 2026 45d
Jan 13, 2026 Quarterly ↗ Nov 30, 2025 44d
Nov 21, 2025 Annual ↗ Aug 31, 2025 82d
Jul 2, 2025 Quarterly ↗ May 31, 2025 32d
Apr 14, 2025 Quarterly ↗ Feb 28, 2025 45d
Jan 10, 2025 Quarterly ↗ Nov 30, 2024 41d
Dec 9, 2024 Annual ↗ Aug 31, 2024 100d
Jul 15, 2024 Quarterly ↗ May 31, 2024 45d
Apr 15, 2024 Quarterly ↗ Feb 29, 2024 46d
Jan 12, 2024 Quarterly ↗ Nov 30, 2023 43d
Dec 14, 2023 Annual ↗ Aug 31, 2023 105d

Current reports

FiledDisclosed
Oct 26, 2026 Regulation FD ↗
Oct 19, 2026 Regulation FD ↗
Oct 13, 2026 Regulation FD ↗
Oct 7, 2026 Regulation FD ↗
Oct 5, 2026 Regulation FD ↗
Sep 30, 2026 Regulation FD ↗
Sep 28, 2026 Regulation FD ↗
Sep 21, 2026 Regulation FD ↗
Sep 14, 2026 Regulation FD ↗
Sep 8, 2026 Agreement ended · Regulation FD ↗
Aug 31, 2026 Regulation FD ↗
Aug 24, 2026 Regulation FD ↗