Bitmine Immersion Technologies, Inc. (BMNP)
Bitmine Immersion Technologies, Inc. brought in $61.2M of revenue over the twelve months to May 31, 2026, up 1,022.2% from a year earlier. It posted a net loss of $8.8B. In fiscal 2025 capital spending exceeded operating cash flow by $5.2M. At May 31, 2026 it held $340.3M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 14, 2026.
Key facts about Bitmine Immersion Technologies, Inc.
- Net worth
- Bitmine Immersion Technologies, Inc. has a market value (market cap) of $58.8B at the latest share price, and shareholders' equity of $11.6B on its balance sheet at May 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- Over the 12 months to May 31, 2026: revenue $61.2M, net loss $8.8B.
- Cash flow
- In fiscal 2025 operations used $4.1M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 14, 2026 and covers the period to May 31, 2026. Open on SEC EDGAR
What Bitmine Immersion Technologies, Inc. does
Bitmine Immersion Technologies provides immersion cooling technology and hosting services for digital asset mining hardware. The company operates data centers and offers equipment hosting to institutional and retail cryptocurrency miners. Its shares trade on NYSE under the ticker BMNP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $6.1M | $348.6M | $13.39 | -$5.2M |
| 2024 | $3.3M | -$3.3M | -$1.32 | -$106K |
| 2023 | $645.3K | -$2.5M | -$0.94 | -$1.4M |
| 2022 | $427.7K | -$2M | -$0.94 | -$4.4M |
| 2021 | $0 | -$154.2K | -$0.38 | -$503.7K |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BMNP ranks in Finance
Latest SEC filings
What Bitmine Immersion Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 6, 2026Additional proxy material DEFA14A
- November 2, 2026
- October 26, 2026
- October 19, 2026
- October 13, 2026
- October 7, 2026
- October 5, 2026
- September 30, 2026
- September 28, 2026
Insider trades
What the people running Bitmine Immersion Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 9 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 23, 2026 | Tsang Chi KeungChief Executive Officer, Director | Exercised options | 141 | - |
| October 23, 2026 | Tsang Chi KeungChief Executive Officer, Director | Shares withheld for tax | 151 | $3.4K |
| October 23, 2026 | Love LoriDirector | Exercised options | 4,374 | - |
| October 23, 2026 | Howe OliviaDirector | Exercised options | 4,749 | - |
| October 23, 2026 | Maloney Michael StephenDirector | Exercised options | 3,999 | - |
| October 23, 2026 | Edgeworth Jason ADirector | Exercised options | 4,749 | - |
| October 23, 2026 | Sechan II Robert JDirector | Exercised options | 4,749 | - |
| September 30, 2026 | Tsang Chi KeungChief Executive Officer, Director | Exercised options | 3,776 | - |
Who owns BMNP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Bitmine Immersion Technologies, Inc.13D, may seek influence | 31.94% | March 20, 2026 |
| Mozayyx Ugp, LLC13D, may seek influence | 9.99% | July 15, 2025 |
| Vanguard Capital Management13G, passive | 5.13% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 437 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 27,297,148 | +16,218,646 |
| Vanguard Capital Management LLC | 25,670,167 | +5,326,584 |
| Vanguard Portfolio Management LLC | 22,344,900 | +13,737,836 |
| Morgan Stanley | 16,291,913 | +2,503,350 |
| Clear Street Group Inc. | 12,696,423 | -1,939,646 |
| Geode Capital Management, LLC | 10,190,278 | +4,419,042 |
| ARK Investment Management LLC | 8,811,588 | -887,577 |
| State Street Corp | 8,742,161 | +6,441,890 |
| Fmr LLC | 7,702,080 | +7,144,272 |
| Susquehanna International Group, Llp | 6,615,698 | -1,918,424 |
| Norges Bank | 6,151,062 | new |
| Jane Street Group, LLC | 6,027,815 | +2,143,748 |
| Charles Schwab Investment Management Inc | 5,647,050 | +1,240,827 |
| Sumitomo Mitsui Trust Group, Inc. | 4,452,071 | -455,104 |
| Amova Asset Management Americas, Inc. | 4,448,358 | -458,817 |
| Van Eck Associates Corp | 3,611,932 | +1,192,915 |
| Vanguard Fiduciary Trust Co | 3,607,453 | +836,862 |
| Mozayyx Management LLC | 3,333,333 | 0 |
| Citadel Advisors LLC | 3,302,118 | -9,029,391 |
| Weiss Asset Management LP | 3,142,727 | -1,185,567 |
Insiders
11 insiders reported holding 1,352,685 shares in total, about $131.8M at the last price.
| Holder | Shares |
|---|---|
| Lee Thomas JongDirector | 495,022 |
| Mow RaymondChief Financial Officer | 275,95055,000 held indirectly |
| Maloney Michael StephenDirector | 238,579 |
| Nelson Erik SPresident | 76,652 |
| Edgeworth Jason ADirector | 52,886 |
| Howe OliviaDirector | 52,886 |
| Sechan II Robert JDirector | 52,886 |
| Love LoriDirector | 49,905 |
| Sharbutt David EDirector | 43,082 |
| Tsang Chi KeungChief Executive Officer, Director | 7,950 |
Questions about BMNP
What does Bitmine Immersion Technologies, Inc. do?
Bitmine Immersion Technologies provides immersion cooling technology and hosting services for digital asset mining hardware. The company operates data centers and offers equipment hosting to institutional and retail cryptocurrency miners. Its shares trade on NYSE under the ticker BMNP.
What is Bitmine Immersion Technologies, Inc.'s net worth?
Bitmine Immersion Technologies, Inc. has a market value (market cap) of $58.8B at the latest share price, and shareholders' equity of $11.6B on its balance sheet at May 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bitmine Immersion Technologies, Inc. profitable?
No. Over the twelve months to May 31, 2026 it reported a net loss of $8.8B on revenue of $61.2M.
How much revenue does Bitmine Immersion Technologies, Inc. make?
Over the twelve months to May 31, 2026 Bitmine Immersion Technologies, Inc. reported revenue of $61.2M. That is 1,022.2% more than a year earlier.
When did Bitmine Immersion Technologies, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 14, 2026. It covers the period to May 31, 2026. Its newest filing of any kind is the investor disclosure from November 9, 2026.
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Where the numbers come from
Financial figures are the values Bitmine Immersion Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.