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Bitmine Immersion Technologies vs Amtd Digital

Amtd Digital is the larger business, with $136m of revenue in fiscal 2025 against $6.1m for Bitmine Immersion Technologies (22.3 times as much). Amtd Digital grew faster (565.7% against 84.1%). Bitmine Immersion Technologies kept more of each dollar of sales as profit: a net margin of 5719.1% against 71.3%. Bitmine Immersion Technologies carries less debt relative to equity (0.0% against 153.2%).

Latest fiscal yearBitmine Immersion TechnologiesBMNR, 2025Amtd DigitalHKD, 2025
Revenue $6.1m $136m
Revenue growth 84.1% 565.7%
Net income $349m $97.0m
Operating margin 7288.1% 0.8%
Net margin 5719.1% 71.3%
Return on equity 8.0% 68.8%
Free cash flow −$5.2m $14.3m
Cash $512m $46.4m
Total debt $0 $404m
Debt to equity 0.0% 153.2%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $11.85bn $495m
Price vs our value range — —
Moat score 10 (Weak) —
Insider trades, 12 months 3 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.