# Bitmine Immersion Technologies, Inc.: overview

BMNR · NYSE · CIK 1829311 · [Financials](/sectors/financials.md) · fiscal year ends Aug 31

Pages: [Overview](/companies/bmnr.md) · [Financials](/companies/bmnr/financials.md) · [Filings](/companies/bmnr/filings.md) · [Insiders](/companies/bmnr/insiders.md)

Latest reported revenue: [$46.5m](/filings/0001628280-26-048157.md) for Q3 FY2026, three months to 2026-05-31, from the 10-Q filed Jul 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-048157).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-08-31) | Q1 FY2025 (2024-11-30) | Q2 FY2025 (2025-02-28) | Q3 FY2025 (2025-05-31) | Q4 FY2025 (2025-08-31) | Q1 FY2026 (2025-11-30) | Q2 FY2026 (2026-02-28) | Q3 FY2026 (2026-05-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.7 d](/filings/0001493152-25-024679.md) | [1.2](/filings/0001493152-26-002084.md) | [1.5](/filings/0001493152-26-016560.md) | [2.1](/filings/0001628280-26-048157.md) | [1.3 d](/filings/0001493152-25-024679.md) | [2.3](/filings/0001493152-26-002084.md) | [11.0](/filings/0001493152-26-016560.md) | [46.5](/filings/0001628280-26-048157.md) |
| Gross margin | % | [16.4% d](/filings/0001683168-25-002276.md) | [10.0%](/filings/0001683168-25-000223.md) | [20.1%](/filings/0001683168-25-002541.md) | [23.9%](/filings/0001683168-25-004889.md) | not reported | not reported | not reported | not reported |
| Operating margin | % | [(96.9%) d](/filings/0001493152-25-024679.md) | [(73.6%)](/filings/0001493152-26-002084.md) | [(60.2%)](/filings/0001493152-26-016560.md) | [(22.8%)](/filings/0001628280-26-048157.md) | [33696.3% d](/filings/0001493152-25-024679.md) | [(238564.8%)](/filings/0001493152-26-002084.md) | [(34784.7%)](/filings/0001493152-26-016560.md) | [(25.5%)](/filings/0001628280-26-048157.md) |
| Net margin | % | [(119.4%) d](/filings/0001493152-25-024679.md) | [(81.1%)](/filings/0001493152-26-016560.md) | [(76.2%)](/filings/0001493152-26-016560.md) | [(30.3%)](/filings/0001683168-25-004889.md) | [26515.6% d](/filings/0001493152-25-024679.md) | [(226955.7%)](/filings/0001493152-26-016560.md) | [(34583.9%)](/filings/0001493152-26-016560.md) | [(179.6%)](/filings/0001628280-26-048157.md) |
| Diluted EPS | $ per share | not reported | [(1.66)](/filings/0001493152-26-002084.md) | [(0.58)](/filings/0001493152-26-016560.md) | [(0.31)](/filings/0001628280-26-048157.md) | not reported | [(15.98)](/filings/0001493152-26-002084.md) | [(8.40)](/filings/0001493152-26-016560.md) | [(0.15)](/filings/0001628280-26-048157.md) |
| Free cash flow | $m | [0.2 d](/filings/0001493152-25-024679.md) | [(0.1)](/filings/0001493152-26-002084.md) | [(0.2) d](/filings/0001493152-26-016560.md) | [1.7 d](/filings/0001628280-26-048157.md) | [(6.6) d](/filings/0001493152-25-024679.md) | [(229)](/filings/0001493152-26-002084.md) | [(88.2) d](/filings/0001493152-26-016560.md) | [29.0 d](/filings/0001628280-26-048157.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-08-31) | FY2022 (2022-08-31) | FY2023 (2023-08-31) | FY2024 (2024-08-31) | FY2025 (2025-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [0.0](/filings/0001683168-22-008295.md) | [428](/filings/0001683168-22-008295.md) | [645](/filings/0001683168-25-002276.md) | [3,310](/filings/0001493152-25-024679.md) | [6,095](/filings/0001493152-25-024679.md) |
| Gross margin | % | not reported | [(30.2%)](/filings/0001683168-23-008832.md) | [34.5%](/filings/0001683168-25-002276.md) | [23.0%](/filings/0001683168-25-002276.md) | not reported |
| Operating margin | % | not reported | [(400.8%)](/filings/0001683168-23-008832.md) | [(374.0%)](/filings/0001683168-25-002276.md) | [(74.0%)](/filings/0001493152-25-024679.md) | [7288.1%](/filings/0001493152-25-024679.md) |
| Net margin | % | not reported | [(468.9%)](/filings/0001683168-23-008832.md) | [(382.0%)](/filings/0001683168-25-002276.md) | [(99.5%)](/filings/0001493152-25-024679.md) | [5719.1%](/filings/0001493152-25-024679.md) |
| Diluted EPS | $ per share | [(0.02)](/filings/0001683168-22-008295.md) | [(0.05)](/filings/0001683168-23-008832.md) | [(0.05)](/filings/0001683168-25-002276.md) | [(1.32)](/filings/0001493152-25-024679.md) | [13.39](/filings/0001493152-25-024679.md) |
| Free cash flow | $k | [(504)](/filings/0001683168-22-008295.md) | [(4,397)](/filings/0001683168-23-008832.md) | [(1,422)](/filings/0001683168-25-002276.md) | [(106)](/filings/0001493152-25-024679.md) | [(5,214)](/filings/0001493152-25-024679.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bmnr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $363.3m | 27,297,148 |  | Added +16,218,646 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $341.7m | 25,670,167 |  | Added +5,326,584 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $297.4m | 22,344,900 |  | Added +13,737,836 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $216.8m | 16,291,913 |  | Added +2,503,350 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $179.4m | 13,478,800 | Call | Added +2,430,400 |
| [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $169.0m | 12,696,423 |  | Reduced −1,939,646 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $165.6m | 10,190,278 |  | Added +4,419,042 |
| [ARK Investment Management LLC](/funds/1697748.md) | 2026-06-30 | $117.3m | 8,811,588 |  | Reduced −887,577 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $116.7m | 8,771,400 | Call | Reduced −1,121,700 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $116.4m | 8,742,161 |  | Added +6,441,890 |

## Recent filings

[All 356 filings](/companies/bmnr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-26 | 08:45 ET | [8-K](/filings/0001493152-26-048429.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-048429 |
| 2026-10-19 | 08:45 ET | [8-K](/filings/0001493152-26-047517.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-047517 |
| 2026-10-13 | 08:45 ET | [8-K](/filings/0001493152-26-046744.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-046744 |
| 2026-10-07 | 08:46 ET | [8-K](/filings/0001493152-26-046088.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-046088 |
| 2026-10-05 | 08:52 ET | [8-K](/filings/0001493152-26-045699.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-045699 |
| 2026-09-30 | 08:45 ET | [8-K](/filings/0001493152-26-045035.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-045035 |
| 2026-09-28 | 08:45 ET | [8-K](/filings/0001493152-26-044459.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-044459 |
| 2026-09-21 | 08:45 ET | [8-K](/filings/0001493152-26-043486.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-043486 |
| 2026-09-14 | 08:45 ET | [8-K](/filings/0001493152-26-042492.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-042492 |
| 2026-09-08 | 08:45 ET | [8-K](/filings/0001493152-26-041713.md) | 1.02 Termination of a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-041713 |

## Latest annual report

[Form 10-K for the fiscal year ended Aug 31, 2025](/filings/0001493152-25-024679.md), filed Nov 21, 2025.

## Forecast league

Q4 FY2026, the quarter ended 2026-08-31, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1d0bffaa-1b8b-4a6a-8cfc-7c8b891f431f)

## About the filer

- CIK: 1829311
- Tickers: BMNR, BMNP
- Exchange: NYSE
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 21:01 ET. No prices; not investment advice.