BitMine Immersion Technologies, Inc. (BMNR) Balance Sheet
BMNR balance sheet, FY2025
August 31, 2025 · U.S. dollars$8.80B assets = $102.3M liabilities + $8.69B equity
Both columns are drawn to the same scale: what BMNR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BMNR financial health
Descriptive bands, not a rating. Fiscal FY2025.
BMNR balance sheet trends, FY2012–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $229,281FY2012 | $8.80BFY2025 | +351.7%/yr | |
| Total liabilities | $533,691FY2012 | $102.3MFY2025 | +111.9%/yr | |
| Shareholders’ equity | −$304,410FY2012 | $8.69BFY2025 | — | |
| Cash & short-term investments | $16,090FY2012 | $512.0MFY2025 | +339.8%/yr | |
| Total debt | $532,072FY2012 | $1.6MFY2024 | +20.5%/yr | |
| Net cash (debt) | −$515,982FY2012 | −$1.1MFY2024 | −$610,018 | |
| Working capital | −$463,642FY2012 | $503.0MFY2025 | +$503.5M | |
| Book value per share | $0.03FY2022 | $35.46FY2025 | +910.6%/yr | |
| Debt / equity | 0.77FY2021 | 0.40FY2024 | −0.37 | |
| Shares outstanding | 215.5MFY2022 | 245.2MFY2025 | +4.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BMNR assets
BMNR liabilities and equity
BMNR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BMNR balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $512.0M | $499,000 | $270,547 | $392,550 | $218,737 | $1,930 | $1,375 | $16,090 |
| Cash & equivalents | $512.0M | $499,000 | $270,547 | $392,550 | $218,737 | $1,930 | $1,375 | — |
| Receivables | $510,000 | $374,000 | $374,444 | $491,395 | $0 | $0 | $0 | $51,524 |
| Inventory | $0 | $0 | −$374,444 | −$491,395 | $0 | $0 | $0 | $0 |
| Other current assets | $498,000 | $673,000 | $608,913 | $496,395 | $0 | $0 | $250 | $0 |
| Total current assets | $513.0M | $1.5M | $879,460 | $888,945 | $218,737 | $1,930 | $1,625 | $30,049 |
| Property, plant & equipment (net) | $516,000 | $4.8M | $4.9M | $6.5M | $427,296 | $0 | $0 | $0 |
| Goodwill & intangible assets | $8.28B | $0 | $129,469 | $21,434 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $667,707 | $987,429 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $298,513 | $1.3M | $532,345 | $0 | $0 | $183,126 | $199,232 |
| Total assets | $8.80B | $7.3M | $8.2M | $8.0M | $646,033 | $1,930 | $184,751 | $229,281 |
| Liabilities | ||||||||
| Accounts payable | — | $400,584 | $74,903 | $84,761 | $3,680 | — | — | $7,250 |
| Short-term debt | — | $1.6M | $1.3M | — | $277,296 | $50,447 | $484,680 | $492,072 |
| Deferred revenue | $1.1M | $790,000 | $86,193 | $232,913 | — | — | — | — |
| Total current liabilities | $10.0M | $3.1M | $1.6M | $317,674 | $285,481 | $52,005 | $484,680 | $493,691 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $92.3M | $64,645 | $386,884 | $252,321 | $1 | $0 | $40,000 | $40,000 |
| Total liabilities | $102.3M | $3.2M | $1.9M | $569,995 | $285,481 | $52,005 | $524,680 | $533,691 |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $23,000 | $4,991 | $4,967 | $4,861 | $4,042 | $269 | $170,977 | $170,979 |
| Retained earnings (deficit) | $337.4M | −$8.2M | −$4.9M | −$2.5M | −$461,334 | −$307,095 | −$1.6M | −$1.5M |
| Accumulated other comprehensive income | — | — | — | −$45 | $0 | — | — | — |
| Total shareholders' equity | $8.69B | $4.1M | $6.3M | $7.4M | $360,551 | −$50,075 | −$339,928 | −$304,410 |
| Key figures | ||||||||
| Total debt | — | $1.6M | $1.3M | — | $277,296 | $50,447 | $524,680 | $532,072 |
| Net cash (debt) | — | −$1.1M | −$1.0M | — | −$58,559 | −$48,517 | −$523,305 | −$515,982 |
| Working capital | $503.0M | −$1.6M | −$679,096 | $571,271 | −$66,744 | −$50,075 | −$483,055 | −$463,642 |
| Tangible book value | $411.3M | $4.1M | $6.1M | $7.4M | $360,551 | −$50,075 | −$339,928 | −$304,410 |
| Book value per share | $35.46 | $0.02 | $0.03 | $0.03 | — | — | — | — |
| Shares outstanding | 245.2M | 249.4M | 245.3M | 215.5M | — | — | — | — |
| Current ratio | 51.50 | 0.49 | 0.56 | 2.80 | 0.77 | 0.04 | 0.00 | 0.06 |
| Quick ratio | 51.45 | 0.28 | 0.41 | 2.78 | 0.77 | 0.04 | 0.00 | 0.14 |
| Debt / equity | — | 0.40 | 0.21 | — | 0.77 | — | — | — |
| Equity / assets | 98.8% | 56.1% | 76.3% | 92.9% | 55.8% | −2,594.6% | −184.0% | −132.8% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | May '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $340.3M | $879.6M | $887.7M | $512.0M | $1.5M | $482,951 | $797,310 | $499,000 | $281,004 | $342,296 | $470,529 | $518,425 |
| Cash & equivalents | $340.3M | $879.6M | $887.7M | $512.0M | $1.5M | $482,951 | $797,310 | $499,000 | $281,004 | $342,296 | $470,529 | $518,425 |
| Receivables | $0 | $751,000 | $231,000 | $510,000 | $374,444 | $249,629 | $374,444 | $0 | $1.1M | $1.1M | $1.1M | $374,444 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $198,084 | $230,452 | $105,000 |
| Other current assets | $105.0M | $5.5M | $1.1M | $498,000 | $328,915 | $415,973 | $183,353 | $1.0M | $948,335 | $11,732 | $152,990 | $0 |
| Total current assets | $445.3M | $885.9M | $889.0M | $513.0M | $2.2M | $1.1M | $1.4M | $1.5M | $2.3M | $1.7M | $2.0M | $997,868 |
| Property, plant & equipment (net) | $1.3M | $1.7M | $568,000 | $516,000 | $5.2M | $5.5M | $5.7M | $4.8M | $4.6M | $4.9M | $5.1M | $4.9M |
| Goodwill & intangible assets | $26.1M | $8.81B | $10.56B | $8.28B | $0 | $0 | $0 | $0 | $0 | $0 | $129,469 | $61,226 |
| Long-term investments | $191.8M | $200.4M | $35.9M | $0 | $667,707 | $667,707 | $667,707 | $667,707 | $808,407 | $0 | $0 | $0 |
| Other non-current assets | $10.97B | $26,000 | $0 | $0 | $218,426 | $218,426 | $218,427 | $296,293 | $374,445 | $1.3M | $1.4M | $2.5M |
| Total assets | $11.63B | $9.89B | $11.49B | $8.80B | $8.3M | $7.5M | $7.9M | $7.3M | $8.2M | $7.8M | $8.6M | $8.4M |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | $470,435 | $760,584 | $300,102 | $400,584 | $559,145 | $403,739 | $202,514 | $52,730 |
| Short-term debt | — | $81,000 | — | — | $1.9M | $2.6M | $2.9M | — | $1.6M | $1.7M | $2.0M | $1.3M |
| Deferred revenue | — | $169,000 | $790,000 | $1.1M | $1.9M | $86,193 | $86,193 | — | $789,693 | $86,193 | $86,193 | $64,645 |
| Total current liabilities | $12.1M | $16.3M | $137.1M | $10.0M | $5.3M | $4.6M | $4.1M | $3.1M | $3.2M | $2.5M | $2.6M | $1.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.2M | $1.2M | — | — | — | — | — | — | — | — | — | — |
| Other long-term liabilities | $18.0M | $19.8M | $98.6M | $92.3M | $50,280 | $50,279 | $50,280 | $65,000 | $322,239 | $343,788 | $365,336 | $437,163 |
| Total liabilities | $30.1M | $36.2M | $235.7M | $102.3M | $5.4M | $4.6M | $4.1M | $3.2M | $3.6M | $2.9M | $3.0M | $1.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $58,000 | $49,000 | $41,000 | $23,000 | $206 | $3,967 | $3,967 | — | $4,991 | $4,982 | $4,975 | $4,944 |
| Retained earnings (deficit) | −$8.77B | −$8.69B | −$4.87B | $337.4M | −$13.9M | −$13.3M | −$12.2M | −$8.2M | −$7.4M | −$6.8M | −$5.9M | −$3.8M |
| Accumulated other comprehensive income | $533,999 | — | — | — | — | — | — | — | — | −$45 | −$45 | $0 |
| Minority interest | $548,000 | — | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $11.60B | $9.86B | $11.25B | $8.69B | $2.9M | $2.9M | $3.8M | $4.1M | $4.6M | $5.0M | $5.6M | $6.5M |
| Key figures | ||||||||||||
| Total debt | $1.2M | $1.3M | — | — | $1.9M | $2.6M | $2.9M | — | $1.6M | $1.7M | $2.0M | $1.3M |
| Net cash (debt) | $339.1M | $878.3M | — | — | −$401,499 | −$2.1M | −$2.1M | — | −$1.3M | −$1.4M | −$1.5M | −$781,575 |
| Working capital | $433.1M | $869.5M | $751.9M | $503.0M | −$3.2M | −$3.4M | −$2.7M | −$1.6M | −$895,876 | −$866,248 | −$647,804 | −$475,147 |
| Tangible book value | $11.57B | $1.05B | $689.7M | $411.3M | $2.9M | $2.9M | $3.8M | $4.1M | $4.6M | $5.0M | $5.5M | $6.5M |
| Book value per share | $21.02 | $21.68 | $34.55 | $41.66 | $0.01 | $0.01 | $0.02 | — | $0.02 | $0.02 | $0.02 | $0.03 |
| Shares outstanding | 551.8M | 454.6M | 325.7M | 208.7M | 200.6M | 198.3M | 237.1M | — | 249.2M | 249.1M | 248.7M | 244.3M |
| Current ratio | 36.68 | 54.19 | 6.48 | 51.50 | 0.41 | 0.25 | 0.33 | 0.49 | 0.72 | 0.66 | 0.75 | 0.68 |
| Quick ratio | 28.04 | 53.85 | 6.48 | 51.45 | 0.35 | 0.16 | 0.29 | 0.16 | 0.43 | 0.57 | 0.60 | 0.61 |
| Debt / equity | 0.00 | 0.00 | — | — | 0.65 | 0.90 | 0.77 | — | 0.35 | 0.35 | 0.36 | 0.20 |
| Equity / assets | 99.7% | 99.6% | 97.9% | 98.8% | 34.8% | 38.0% | 48.0% | 56.1% | 56.5% | 63.5% | 65.3% | 77.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 21, 2025); data from EODHD.
BMNR financial position
At the end of fiscal 2025 (August 31, 2025), BitMine Immersion Technologies had total assets of $8.8 billion (up 120,652.6% from a year earlier), total liabilities of $102.3 million and shareholders' equity of $8.7 billion. Its current ratio was 51.50. In the latest quarter (ended May 31, 2026) total assets were $11.6 billion and equity $11.6 billion.
Related: BMNR income statement, BMNR cash flow statement, BMNR key metrics. See the BMNR stock overview for the latest quote and news.
BMNR balance sheet FAQ
What are BitMine Immersion Technologies's total assets?
BitMine Immersion Technologies reported total assets of $8.8 billion at the end of fiscal 2025 (August 31, 2025), compared with $7.3 million a year earlier.
How much cash does BitMine Immersion Technologies have?
BitMine Immersion Technologies held $512.0 million in cash and short-term investments at the end of fiscal 2025.
What is BitMine Immersion Technologies's book value?
BitMine Immersion Technologies's shareholders' equity (book value) was $8.7 billion at the end of fiscal 2025, or $35.46 per share.
What is BitMine Immersion Technologies's current ratio?
BitMine Immersion Technologies had current assets of $513.0 million and current liabilities of $10.0 million, a current ratio of 51.50 (it can cover its short-term obligations).
How much goodwill does BitMine Immersion Technologies have?
BitMine Immersion Technologies carried $8.3 billion of goodwill and intangible assets, 94.2% of total assets, at the end of fiscal 2025.