BitMine Immersion Technologies, Inc.

BitMine Immersion Technologies, Inc.

20.53
EUR
+0.00
(-0.02%)
-22.20EPS
9.57BMarket Cap
Nov 20Next Earn

Total Valuation

EUR

As of May 31, 2026, BitMine Immersion Technologies Inc carries a market capitalization of 9.57B, placing it among publicly traded companies globally. Its enterprise value stands at 9.28B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap9.57B
Enterprise Value9.28B

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 106.31, and the price-to-book ratio stands at 0.96.

PS Ratio106.31
PB Ratio0.96
P/TBV Ratio0.96
P/FCF Ratio-22.09
P/OCF Ratio-22.20

Enterprise Valuation

These figures are as of May 31, 2026. The EV/Sales ratio of 176.69 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 9.28B versus a market cap of 9.57B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales176.69

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 7.50M 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 Employee7.50M
Employee Count7.00

Taxes

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Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc recorded an income tax benefit of -79.17M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -7.51B and -7.51B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-79.17M

Stock Price Statistics

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As of the close on October 22, 2026, BitMine Immersion Technologies Inc's stock has declined approximately 50.66% over the past 52 weeks. The 50-day moving average sits at 21.32, while the 200-day moving average is 18.23.

52-Week Price Change-50.66%
50-Day Moving Average21.32
200-Day Moving Average18.23

Income Statement

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Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc generated 52.49M in revenue and converted that into -7.51B in net income, yielding earnings per share of -22.20. EBITDA reached -7.61B, while operating income came in at -8.31B.

Revenue52.49M
Gross Profit43.82M
Operating Income-8.31B
Pretax Income-7.51B
Net Income-7.51B
EBITDA-7.61B
EBIT-7.61B
Earnings Per Share (EPS)-22.20

Balance Sheet

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As of May 31, 2026, BitMine Immersion Technologies Inc holds 291.90M in cash and equivalents against 1.04M in total debt, resulting in a net debt position of -291.90M. Total book value stands at 9.95B, with working capital of 371.53M providing operational flexibility.

Cash & Cash Equivalents291.90M
Total Debt1.04M
Net Debt-291.90M
Equity (Book Value)9.95B
Book Value Per Share17.17
Working Capital371.53M

Cash Flow

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BitMine Immersion Technologies Inc produced -251.43M in operating cash flow over the twelve months ended May 31, 2026. After subtracting -1.25M in capital expenditures, free cash flow totaled -252.67M - equivalent to -0.75 per share.

Operating Cash Flow-251.43M
Capital Expenditures-1.25M
Free Cash Flow-252.67M
FCF Per Share-0.75

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 -4.53: 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 -180.85, meaning BitMine Immersion Technologies Inc raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-180.85
FCF Yield-4.53

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 218.31, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score218.31