$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

$bmnr Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000168316824000250 Filed on January 12, 2024

Income Statement

Concept	2024 Q1	2023 Q4
Revenue	$891.6K	$511.3K
YoY Change	471.22%	402.68%
Cost Of Revenue	$568.0K	$407.2K
YoY Change	495.0%	243.71%
Gross Profit	$323.6K	$104.1K
YoY Change	433.74%	-721.05%
Gross Profit Margin	36.3%	20.36%
Selling, General & Admin	$813.6K	$493.4K
YoY Change	196.79%	41.52%
% of Gross Profit	251.4%	474.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$235.4K	$222.5K
YoY Change	166.82%	276.83%
% of Gross Profit	72.73%	213.8%
Operating Expenses	$972.4K	$716.0K
YoY Change	168.36%	50.69%
Operating Profit	-$648.7K	-$611.9K
YoY Change	115.02%	24.39%
Interest Expense	-$70.27K	-$280.5K
YoY Change	280.66%	-6637.3%
% of Operating Profit
Other Income/Expense, Net	-$253.9K	-$318.0K
YoY Change	4355.89%	-1597.83%
Pretax Income	-$902.7K	-$929.9K
YoY Change	193.64%	97.56%
Income Tax
% Of Pretax Income
Net Earnings	-$902.7K	-$929.9K
YoY Change	193.64%	97.57%
Net Earnings / Revenue	-101.24%	-181.86%
Basic Earnings Per Share	-$0.02	-$0.02
Diluted Earnings Per Share	-$0.02	-$0.02
COMMON SHARES
Basic Shares Outstanding	49.75M shares	49.67M shares
Diluted Shares Outstanding	49.82M shares	49.75M shares

Balance Sheet

Concept	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$342.3K	$470.5K
YoY Change	-14.95%	160.46%
Cash & Equivalents	$342.3K	$470.5K
Short-Term Investments
Other Short-Term Assets	$209.8K	$383.4K
YoY Change	4096.2%	7568.8%
Inventory
Prepaid Expenses	$198.1K	$230.5K
Receivables	$731.5K	$731.5K
Other Receivables	$374.5K	$374.5K
Total Short-Term Assets	$1.658M	$1.960M
YoY Change	112.05%	86.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.145M	$5.114M
YoY Change	250.94%	1146.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$867.3K	$944.2K
YoY Change	-12.17%	-4.38%
Other Assets	$2.711M	$3.018M
YoY Change	-35.2%	-31.45%
Total Long-Term Assets	$6.192M	$6.620M
YoY Change	-15.83%	-7.47%
TOTAL ASSETS
Total Short-Term Assets	$1.658M	$1.960M
Total Long-Term Assets	$6.192M	$6.620M
Total Assets	$7.850M	$8.580M
YoY Change	-3.54%	4.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$403.7K	$202.5K
YoY Change	825.43%	291.5%
Accrued Expenses	$200.7K	$146.5K
YoY Change	642.89%	2944.7%
Deferred Revenue
YoY Change
Short-Term Debt	$1.719M	$2.020M
YoY Change	114.85%	404.98%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.524M	$2.608M
YoY Change	165.81%	236.2%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$343.8K	$365.3K
YoY Change	-21.36%	-13.39%
Total Long-Term Liabilities	$343.8K	$365.3K
YoY Change	-21.36%	-13.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.524M	$2.608M
Total Long-Term Liabilities	$343.8K	$365.3K
Total Liabilities	$2.868M	$2.973M
YoY Change	106.81%	148.28%
SHAREHOLDERS EQUITY
Retained Earnings	-$6.762M	-$5.861M
YoY Change	108.4%	99.55%
Common Stock	$4.982K	$4.975K
YoY Change	1.99%	1.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.982M	$5.607M
YoY Change
Total Liabilities & Shareholders Equity	$7.850M	$8.580M
YoY Change	-3.54%	4.55%

Cashflow Statement

Concept	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	-$902.7K	-$929.9K
YoY Change	193.64%	97.57%
Depreciation, Depletion And Amortization	$235.4K	$222.5K
YoY Change	166.82%	276.83%
Cash From Operating Activities	-$159.0K	-$45.29K
YoY Change	30.13%	-96.17%
INVESTING ACTIVITIES
Capital Expenditures	-$22.37K	$79.73K
YoY Change	-139.95%
Acquisitions
YoY Change
Other Investing Activities	$8.410K
YoY Change
Cash From Investing Activities	$30.78K	-$79.73K
YoY Change	-154.96%	-113.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	$325.0K
YoY Change	-100.0%	-18.75%
NET CHANGE
Cash From Operating Activities	-159.0K	-$45.29K
Cash From Investing Activities	30.78K	-$79.73K
Cash From Financing Activities	0.000	$325.0K
Net Change In Cash	-128.2K	$200.0K
YoY Change	-157.82%	-194.37%
FREE CASH FLOW
Cash From Operating Activities	-$159.0K	-$45.29K
Capital Expenditures	-$22.37K	$79.73K
Free Cash Flow	-$136.7K	-$125.0K
YoY Change	-23.32%	-89.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	dei	Amendment Flag AmendmentFlag	false
CY2023Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--08-31
CY2023Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001829311
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
CY2023Q4	dei	Document Type DocumentType	10-Q
CY2023Q4	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q4	dei	Document Period End Date DocumentPeriodEndDate	2023-11-30
CY2023Q4	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q4	dei	Entity File Number EntityFileNumber	000-56220
CY2023Q4	dei	Entity Registrant Name EntityRegistrantName	BITMINE IMMERSION TECHNOLOGIES, INC.
CY2023Q4	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q4	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-3986354
CY2023Q4	dei	Entity Address Address Line1 EntityAddressAddressLine1	2030 Powers Ferry Road SE
CY2023Q4	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 212
CY2023Q4	dei	Entity Address City Or Town EntityAddressCityOrTown	Atlanta
CY2023Q4	dei	Entity Address State Or Province EntityAddressStateOrProvince	GA
CY2023Q4	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	30339
CY2023Q4	dei	City Area Code CityAreaCode	404
CY2023Q4	dei	Local Phone Number LocalPhoneNumber	816-8240
CY2023Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q4	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q4	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q4	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q4	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q4	dei	Entity Shell Company EntityShellCompany	false
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	49748705	shares
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	470529	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	270547	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	230452	usd
CY2023Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	105000	usd
CY2023Q4	BMNR	Cryptocurrency Cryptocurrency	152990	usd
CY2023Q3	BMNR	Cryptocurrency Cryptocurrency	129469	usd
CY2023Q4	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	731472	usd
CY2023Q3	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	0	usd
CY2023Q4	BMNR	Notes Receivable Related Partyshort Term NotesReceivableRelatedPartyshortTerm	374444	usd
CY2023Q3	BMNR	Notes Receivable Related Partyshort Term NotesReceivableRelatedPartyshortTerm	374444	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	1959887	usd
CY2023Q3	us-gaap	Assets Current AssetsCurrent	879460	usd
CY2023Q4	BMNR	Notes Receivable Long Term NotesReceivableLongTerm	0	usd
CY2023Q3	BMNR	Notes Receivable Long Term NotesReceivableLongTerm	731472	usd
CY2023Q4	BMNR	Notes Receivable Related Party Long Term NotesReceivableRelatedPartyLongTerm	561667	usd
CY2023Q3	BMNR	Notes Receivable Related Party Long Term NotesReceivableRelatedPartyLongTerm	655277	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	944215	usd
CY2023Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	987429	usd
CY2023Q4	BMNR	Fixed Assets Net FixedAssetsNet	2096536	usd
CY2023Q3	BMNR	Fixed Assets Net FixedAssetsNet	495702	usd
CY2023Q4	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	3017714	usd
CY2023Q3	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	4453466	usd
CY2023Q4	us-gaap	Assets Assets	8580018	usd
CY2023Q3	us-gaap	Assets Assets	8202805	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	202514	usd
CY2023Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	74904	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	146451	usd
CY2023Q3	us-gaap	Interest Payable Current InterestPayableCurrent	97460	usd
CY2023Q4	BMNR	Loans Payable Related Party LoansPayableRelatedParty	1625000	usd
CY2023Q3	BMNR	Loans Payable Related Party LoansPayableRelatedParty	1300000	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	394922	usd
CY2023Q3	us-gaap	Loans Payable LoansPayable	0	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	152612	usd
CY2023Q3	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2023Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	86193	usd
CY2023Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	86193	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2607691	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1558558	usd
CY2023Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	365335	usd
CY2023Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	386884	usd
CY2023Q4	us-gaap	Liabilities Liabilities	2973027	usd
CY2023Q3	us-gaap	Liabilities Liabilities	1945441	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	45	usd
CY2023Q3	us-gaap	Preferred Stock Value PreferredStockValue	45	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	49748705	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49748705	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	49665649	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49665649	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	4975	usd
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	4967	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11463208	usd
CY2023Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11183720	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5861237	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4931367	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	5606991	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	6257365	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8580018	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8202805	usd
CY2023Q4	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	169721	usd
CY2022Q4	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	72800	usd
CY2023Q4	BMNR	Revenue From Hosting Net RevenueFromHostingNet	11864	usd
CY2022Q4	BMNR	Revenue From Hosting Net RevenueFromHostingNet	0	usd
CY2023Q4	BMNR	Revenue From Self Mining RevenueFromSelfMining	329723	usd
CY2022Q4	BMNR	Revenue From Self Mining RevenueFromSelfMining	28916	usd
CY2023Q4	us-gaap	Revenues Revenues	511308	usd
CY2022Q4	us-gaap	Revenues Revenues	101716	usd
CY2023Q4	BMNR	Cost Of Sales Mining Equipment CostOfSalesMiningEquipment	180891	usd
CY2022Q4	BMNR	Cost Of Sales Mining Equipment CostOfSalesMiningEquipment	43080	usd
CY2023Q4	BMNR	Cost Of Sales Mining CostOfSalesMining	222942	usd
CY2022Q4	BMNR	Cost Of Sales Mining CostOfSalesMining	75395	usd
CY2023Q4	BMNR	Cost Of Sales Hosting CostOfSalesHosting	3393	usd
CY2022Q4	BMNR	Cost Of Sales Hosting CostOfSalesHosting	0	usd
CY2023Q4	us-gaap	Gross Profit GrossProfit	104082	usd
CY2022Q4	us-gaap	Gross Profit GrossProfit	-16759	usd
CY2023Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	68398	usd
CY2022Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	18479	usd
CY2023Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	222530	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	59053	usd
CY2023Q4	us-gaap	Professional Fees ProfessionalFees	75860	usd
CY2022Q4	us-gaap	Professional Fees ProfessionalFees	161738	usd
CY2023Q4	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	349174	usd
CY2022Q4	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	109393	usd
CY2023Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	122950	usd
CY2023Q4	BMNR	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	0	usd
CY2022Q4	BMNR	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	3523	usd
CY2023Q4	us-gaap	Operating Expenses OperatingExpenses	715961	usd
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	475136	usd
CY2023Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-611880	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-491895	usd
CY2023Q4	us-gaap	Interest Expense Other InterestExpenseOther	99420	usd
CY2022Q4	us-gaap	Interest Expense Other InterestExpenseOther	4808	usd
CY2023Q4	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-37537	usd
CY2022Q4	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	-43214	usd
CY2022Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	0	usd
CY2023Q4	BMNR	Change In Derivative Liability ChangeInDerivativeLiability	-152612	usd
CY2022Q4	BMNR	Change In Derivative Liability ChangeInDerivativeLiability	0	usd
CY2023Q4	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
CY2022Q4	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	16939	usd
CY2023Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	14793	usd
CY2022Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	9099	usd
CY2023Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-317990	usd
CY2022Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	21230	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-929870	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-470665	usd
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2023Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49748705	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49748705	shares
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48690431	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48690431	shares
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	7404205	usd
CY2022Q4	BMNR	Stock Issued During Period Value Issued For Services Related Party StockIssuedDuringPeriodValueIssuedForServicesRelatedParty	31429	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	44000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-470665	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	7008969	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	6257365	usd
CY2023Q4	BMNR	Stock Based Compensation Related Parties Value StockBasedCompensationRelatedPartiesValue	279497	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-929870	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	5606991	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-929870	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-470665	usd
CY2023Q4	us-gaap	Share Based Compensation ShareBasedCompensation	279497	usd
CY2022Q4	us-gaap	Share Based Compensation ShareBasedCompensation	75429	usd
CY2023Q4	us-gaap	Depreciation Depreciation	222530	usd
CY2022Q4	us-gaap	Depreciation Depreciation	59053	usd
CY2023Q4	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-31641	usd
CY2023Q4	BMNR	Change In Derivative Liability ChangeInDerivativeLiability	-152612	usd
CY2022Q4	BMNR	Change In Derivative Liability ChangeInDerivativeLiability	-0	usd
CY2023Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	-43214	usd
CY2022Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	-0	usd
CY2023Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	122950	usd
CY2023Q4	BMNR	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	0	usd
CY2022Q4	BMNR	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	3523	usd
CY2023Q4	BMNR	Increase Decrease In Cryptocurrencies IncreaseDecreaseInCryptocurrencies	-31876	usd
CY2022Q4	BMNR	Increase Decrease In Cryptocurrencies IncreaseDecreaseInCryptocurrencies	3204	usd
CY2023Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-0	usd
CY2022Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	1197450	usd
CY2023Q4	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-93610	usd
CY2022Q4	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-571014	usd
CY2023Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	125452	usd
CY2022Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-0	usd
CY2023Q4	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	127610	usd
CY2022Q4	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-33035	usd
CY2023Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-21548	usd
CY2022Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	255673	usd
CY2023Q4	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	48991	usd
CY2022Q4	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	4808	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-45290	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-611904	usd
CY2023Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	79728	usd
CY2022Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-0	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-79728	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
CY2023Q4	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	325000	usd
CY2022Q4	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	400000	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	325000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	400000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	199982	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-211904	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	270547	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	392550	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	470529	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	180646	usd
CY2023Q4	BMNR	Proceeds Received From Bitcoin Loan ProceedsReceivedFromBitcoinLoan	577934	usd
CY2022Q4	BMNR	Proceeds Received From Bitcoin Loan ProceedsReceivedFromBitcoinLoan	0	usd
CY2023Q4	BMNR	Repayment Of Bitcoin Loan In Bitcoin RepaymentOfBitcoinLoanInBitcoin	183013	usd
CY2022Q4	BMNR	Repayment Of Bitcoin Loan In Bitcoin RepaymentOfBitcoinLoanInBitcoin	0	usd
CY2023Q4	BMNR	Purchase Of Equipment With Bitcoin PurchaseOfEquipmentWithBitcoin	339525	usd
CY2022Q4	BMNR	Purchase Of Equipment With Bitcoin PurchaseOfEquipmentWithBitcoin	0	usd
CY2023Q4	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84C_eus-gaap--UseOfEstimates_zqJlogcIEKva" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_864_zi54ARGSPUmc">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements. The most significant estimates relate to the calculation of stock-based compensation, calculation of the Company’s derivative liability, useful lives and impairment of fixed assets, income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these condensed financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. There have been no material changes to the Company’s accounting estimates since the Company’s condensed financial statements for the fiscal year ended August 31, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q4	BMNR	Revenue From Digital Currency Mining RevenueFromDigitalCurrencyMining	329723	usd
CY2023Q4	BMNR	Revenues From Hosting Services RevenuesFromHostingServices	11864	usd
CY2023Q4	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	169721	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	470529	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	270547	usd
CY2023Q4	BMNR	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	0	usd
CY2023Q4	BMNR	Gain From Sale Of Cryptocurrency GainFromSaleOfCryptocurrency	0	usd
CY2023Q4	BMNR	Notes Receivable Short Term NotesReceivableShortTerm	1105915	usd
CY2023Q4	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	3017714	usd
CY2023Q3	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	4453466	usd
CY2023Q3	BMNR	Cryptocurrency Cryptocurrency	129469	usd
CY2023Q4	BMNR	Intransit Adjustment IntransitAdjustment	5165	usd
CY2023Q4	BMNR	Revenue Received From Mining And Hosting RevenueReceivedFromMiningAndHosting	341587	usd
CY2023Q4	BMNR	Loan Proceeds Received In Cryptocurrency LoanProceedsReceivedInCryptocurrency	527506	usd
CY2023Q4	BMNR	Purchaser Of Equipment With Cryptocurrency PurchaserOfEquipmentWithCryptocurrency	-339525	usd
CY2023Q4	BMNR	Payments Of Loan With Cryptocurrency PaymentsOfLoanWithCryptocurrency	-220550	usd
CY2023Q4	BMNR	Cash Proceeds From Sale Of Cryptocurrency CashProceedsFromSaleOfCryptocurrency	-228065	usd
CY2023Q4	BMNR	Cryptocurrency Used To Pay Expenses And To Purchase Equipment CryptocurrencyUsedToPayExpensesAndToPurchaseEquipment	-67580	usd
CY2023Q4	BMNR	Misc Fees MiscFees	4983	usd
CY2023Q4	BMNR	Cryptocurrency Cryptocurrency	152990	usd
CY2023Q3	BMNR	Notes Receivable Short Term NotesReceivableShortTerm	374444	usd
CY2023Q4	BMNR	Notes Receivable NotesReceivable	1667582	usd
CY2023Q4	BMNR	Revenue Received From Mining In Units RevenueReceivedFromMiningInUnits	5.0
CY2023Q4	BMNR	Intransit Adjustment Units IntransitAdjustmentUnits	0.2
CY2023Q4	BMNR	Revenue Received From Mining And Hosting Units RevenueReceivedFromMiningAndHostingUnits	10
CY2023Q4	BMNR	Loan Proceeds Received In Cryptocurrency Units LoanProceedsReceivedInCryptocurrencyUnits	19
CY2023Q4	BMNR	Purchaser Of Equipment With Cryptocurrency Units PurchaserOfEquipmentWithCryptocurrencyUnits	-12.2
CY2023Q4	BMNR	Payments Of Loan With Cryptocurrency Units PaymentsOfLoanWithCryptocurrencyUnits	-6.6
CY2023Q4	BMNR	Sales Of Cryptocurrency Units SalesOfCryptocurrencyUnits	-6.3
CY2023Q4	BMNR	Cryptocurrency Used To Pay Expenses And To Purchase Equipment Units CryptocurrencyUsedToPayExpensesAndToPurchaseEquipmentUnits	-2.1
CY2023Q4	BMNR	Miscellaneous Fees Paid In Cryptocurrency Units MiscellaneousFeesPaidInCryptocurrencyUnits	0.4
CY2023Q4	BMNR	Cryptocurrency Units CryptocurrencyUnits	6.6
CY2023Q4	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	96000	usd
CY2023Q4	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	169721	usd
CY2022Q4	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	72800	usd
CY2023Q4	BMNR	Revenue From Hosting Net RevenueFromHostingNet	11864	usd
CY2022Q4	BMNR	Revenue From Hosting Net RevenueFromHostingNet	0	usd
CY2023Q4	BMNR	Revenue From Self Mining RevenueFromSelfMining	329723	usd
CY2022Q4	BMNR	Revenue From Self Mining RevenueFromSelfMining	28916	usd
CY2023Q4	us-gaap	Revenues Revenues	511308	usd
CY2022Q4	us-gaap	Revenues Revenues	101716	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5807485	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	693235	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5114250	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5419873	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	470705	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4949168	usd
CY2023Q4	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	3017714	usd
CY2023Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	222530	usd
CY2022Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	59053	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	944215	usd
CY2023Q4	us-gaap	Interest Income Short Term Investment Increase Decrease InterestIncomeShortTermInvestmentIncreaseDecrease	43214	usd
CY2023Q4	BMNR	Notes Receivable NotesReceivable	1667582	usd
CY2023Q3	BMNR	Notes Receivable NotesReceivable	1761193	usd
CY2023Q4	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	561667	usd
CY2023Q3	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	1386749	usd
CY2023Q3	BMNR	Notes Receivable NotesReceivable	1761193	usd
CY2023Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	14793	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	152612	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	394922	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	152612	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49748705	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49665649	shares
CY2023Q4	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	9500800	shares

Files In Submission

Name	View Source	Status
bmnr-20231130_cal.xml	Edgar Link	unprocessable
bmnr-20231130_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
0001683168-24-000250-index-headers.html	Edgar Link	pending
0001683168-24-000250-index.html	Edgar Link	pending
0001683168-24-000250.txt	Edgar Link	pending
0001683168-24-000250-xbrl.zip	Edgar Link	pending
bitmine_ex3101.htm	Edgar Link	pending
bitmine_ex3102.htm	Edgar Link	pending
bitmine_ex3201.htm	Edgar Link	pending
bitmine_ex3202.htm	Edgar Link	pending
bitmine_i10q-113023.htm	Edgar Link	pending
bmnr-20231130.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
bmnr-20231130_lab.xml	Edgar Link	unprocessable
bmnr-20231130_pre.xml	Edgar Link	unprocessable
bitmine_i10q-113023_htm.xml	Edgar Link	completed
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2024 Q1 Form 10-Q Financial Statement

#000168316824000250 Filed on January 12, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2024 Q1 Form 10-Q Financial Statement

#000168316824000250 Filed on January 12, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr