Bitmine Immersion Technologies, Inc. balance sheet
At the end of fiscal 2025, Bitmine Immersion Technologies, Inc. had total assets of $8.80bn, total liabilities of $102m and shareholders' equity of $8.69bn. It held $512m in cash against $0 of debt: net cash of $512m.
Balance sheet
| Fiscal year | 2021Aug 2021 | 2022Aug 2022 | 2023Aug 2023 | 2024Aug 2024 | 2025Aug 2025 | LTMMay 2026 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.3 |
| Receivables | 0.0 | 0.0 | 0.0 | 0.0 | — | — |
| Total current assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.4 |
| Goodwill | — | — | — | — | 0.0 | 0.0 |
| Total assets | 0.0 | 0.0 | 0.0 | 0.0 | 8.8 | 11.6 |
| Accounts payable | 0.0 | 0.0 | 0.0 | 0.0 | — | — |
| Deferred revenue (current) | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total current liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total debt | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 |
| Total liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 |
| Shareholders' equity | 0.0 | 0.0 | 0.0 | 0.0 | 8.7 | 11.6 |
| Net debt (negative = net cash) | 0.0 | −0.0 | −0.0 | −0.0 | −0.5 | −0.3 |
| Shares outstanding | — | — | — | — | — | 580m |
| Quarter | 2024 Q4Aug 2024 | 2025 Q1Nov 2024 | 2025 Q2Feb 2025 | 2025 Q3May 2025 | 2025 Q4Aug 2025 | 2026 Q1Nov 2025 | 2026 Q2Feb 2026 | 2026 Q3May 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0.0 | — | — | 0.0 | — | — | — | — |
| Total current assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.9 | 0.9 | 0.4 |
| Goodwill | — | — | — | — | 0.0 | — | — | 0.0 |
| Total assets | 0.0 | 0.0 | 0.0 | 0.0 | 8.8 | 11.5 | 9.9 | 11.6 |
| Accounts payable | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — |
| Deferred revenue (current) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total current liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Total liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.0 | 0.0 |
| Shareholders' equity | 0.0 | 0.0 | 0.0 | 0.0 | 8.7 | 11.3 | 9.9 | 11.6 |
| Shares outstanding | — | 40m | 40m | 2m | 232m | 405m | 494m | 580m |
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