BitMine Immersion Technologies, Inc.

BitMine Immersion Technologies, Inc.

421.22
MXN
-28.64
(-6.37%)
-448.77EPS
193.80BMarket Cap
Nov 20Next Earn

Total Valuation

MXN

As of May 31, 2026, BitMine Immersion Technologies Inc carries a market capitalization of 193.80B, placing it among publicly traded companies globally. Its enterprise value stands at 187.93B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap193.80B
Enterprise Value187.93B

Important Dates

BitMine Immersion Technologies Inc's next confirmed earnings release is scheduled for November 20, 2026.

Earnings Date11/20/2026

Share Statistics

As of May 31, 2026, BitMine Immersion Technologies Inc has 579.65M shares outstanding.

Shares Outstanding579.65M

Valuation Ratios

These figures are as of May 31, 2026. The price-to-sales ratio is 106.56, and the price-to-book ratio stands at 0.96.

PS Ratio106.56
PB Ratio0.96
P/TBV Ratio0.97
P/FCF Ratio-22.14
P/OCF Ratio-22.25

Enterprise Valuation

These figures are as of May 31, 2026. The EV/Sales ratio of 177.12 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 187.93B versus a market cap of 193.80B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales177.12

Financial Position

As of May 31, 2026, BitMine Immersion Technologies Inc maintains a current ratio of 36.68, meaning it holds 36.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.01, indicating conservative leverage, while an interest coverage ratio of -36,344.54 demonstrates limited ability to service its debt obligations.

Current Ratio36.68
Quick Ratio28.04
Debt / Equity0.01
Interest Coverage-36,344.54

Financial Efficiency

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Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc posted a negative return on equity (ROE) of -150.91, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -150.44, reflecting losses generated across the asset base. The company generates approximately 151.57M in revenue per employee across its workforce of 7.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-150.91
Return on Assets (ROA)-150.44
Revenue Per Employee151.57M
Employee Count7.00

Taxes

MXN

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc recorded an income tax benefit of -1.60B rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -151.79B and -151.79B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-1.60B

Stock Price Statistics

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As of the close on October 22, 2026, BitMine Immersion Technologies Inc's stock has declined approximately 52.59% over the past 52 weeks. The 50-day moving average sits at 424.96, while the 200-day moving average is 369.38.

52-Week Price Change-52.59%
50-Day Moving Average424.96
200-Day Moving Average369.38

Income Statement

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Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc generated 1.06B in revenue and converted that into -151.79B in net income, yielding earnings per share of -448.77. EBITDA reached -153.88B, while operating income came in at -167.98B.

Revenue1.06B
Gross Profit885.75M
Operating Income-167.98B
Pretax Income-151.79B
Net Income-151.79B
EBITDA-153.88B
EBIT-153.90B
Earnings Per Share (EPS)-448.77

Balance Sheet

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As of May 31, 2026, BitMine Immersion Technologies Inc holds 5.90B in cash and equivalents against 21.08M in total debt, resulting in a net debt position of -5.90B. Total book value stands at 201.11B, with working capital of 7.51B providing operational flexibility.

Cash & Cash Equivalents5.90B
Total Debt21.08M
Net Debt-5.90B
Equity (Book Value)201.11B
Book Value Per Share346.96
Working Capital7.51B

Cash Flow

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BitMine Immersion Technologies Inc produced -5.08B in operating cash flow over the twelve months ended May 31, 2026. After subtracting -25.19M in capital expenditures, free cash flow totaled -5.11B - equivalent to -15.10 per share.

Operating Cash Flow-5.08B
Capital Expenditures-25.19M
Free Cash Flow-5.11B
FCF Per Share-15.10

Margins

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc posted a gross margin of 83.48, reflecting its pricing power and cost economics. The operating margin of -15,832.46 and net profit margin of -14,306.58 provide insight into operational efficiency.

Gross Margin83.48
Operating Margin-15,832.46
Pretax Margin-14,306.61
Profit Margin-14,306.58
EBITDA Margin-14,503.75

Dividends & Yields

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc paid dividends of - - per share. The dividend payout ratio of 0.00 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -4.52: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -180.42, meaning BitMine Immersion Technologies Inc raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-180.42
FCF Yield-4.52

Stock Splits

BitMine Immersion Technologies Inc's most recent stock split took place on May 16, 2025 with a 20:1 split ratio.

Last Split Date5/16/2025
Split Ratio20:1

Scores

As of May 31, 2026, BitMine Immersion Technologies Inc has an Altman Z-Score of 218.84, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score218.84