$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

$bmnr Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000168316824002367 Filed on April 15, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$1.225M	$891.6K
YoY Change	761.88%	471.22%
Cost Of Revenue		$568.0K
YoY Change		495.0%
Gross Profit	$221.7K	$323.6K
YoY Change	217.88%	433.74%
Gross Profit Margin	18.1%	36.3%
Selling, General & Admin		$813.6K
YoY Change		196.79%
% of Gross Profit		251.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$232.8K	$235.4K
YoY Change	58.35%	166.82%
% of Gross Profit	105.0%	72.73%
Operating Expenses	$756.2K	$972.4K
YoY Change	29.29%	168.36%
Operating Profit	-$534.5K	-$648.7K
YoY Change	3.76%	115.02%
Interest Expense		-$70.27K
YoY Change		280.66%
% of Operating Profit
Other Income/Expense, Net	-$119.7K	-$253.9K
YoY Change	-2214.66%	4355.89%
Pretax Income		-$902.7K
YoY Change		193.64%
Income Tax
% Of Pretax Income
Net Earnings	-$654.2K	-$902.7K
YoY Change	24.92%	193.64%
Net Earnings / Revenue	-53.41%	-101.24%
Basic Earnings Per Share	-$0.01	-$0.02
Diluted Earnings Per Share	-$0.01	-$0.02
COMMON SHARES
Basic Shares Outstanding	49.82M shares	49.75M shares
Diluted Shares Outstanding	49.84M shares	49.82M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments		$342.3K
YoY Change		-14.95%
Cash & Equivalents	$281.0K	$342.3K
Short-Term Investments
Other Short-Term Assets		$209.8K
YoY Change		4096.2%
Inventory
Prepaid Expenses	$778.7K	$198.1K
Receivables		$731.5K
Other Receivables		$374.5K
Total Short-Term Assets	$2.335M	$1.658M
YoY Change	134.02%	112.05%
LONG-TERM ASSETS
Property, Plant & Equipment		$2.145M
YoY Change		250.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$867.3K
YoY Change		-12.17%
Other Assets		$2.711M
YoY Change		-35.2%
Total Long-Term Assets	$5.831M	$6.192M
YoY Change	-21.55%	-15.83%
TOTAL ASSETS
Total Short-Term Assets	$2.335M	$1.658M
Total Long-Term Assets	$5.831M	$6.192M
Total Assets	$8.167M	$7.850M
YoY Change	-3.14%	-3.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$559.1K	$403.7K
YoY Change	960.39%	825.43%
Accrued Expenses		$200.7K
YoY Change		642.89%
Deferred Revenue
YoY Change
Short-Term Debt		$1.719M
YoY Change		114.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.231M	$2.524M
YoY Change	119.35%	165.81%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change
Other Long-Term Liabilities		$343.8K
YoY Change		-21.36%
Total Long-Term Liabilities		$343.8K
YoY Change		-21.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.231M	$2.524M
Total Long-Term Liabilities		$343.8K
Total Liabilities	$3.553M	$2.868M
YoY Change	86.02%	106.81%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.410M	-$6.762M
YoY Change	96.64%	108.4%
Common Stock	$4.991K	$4.982K
YoY Change	0.95%	1.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.613M	$4.982M
YoY Change
Total Liabilities & Shareholders Equity	$8.167M	$7.850M
YoY Change	-3.14%	-3.54%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	-$654.2K	-$902.7K
YoY Change	24.92%	193.64%
Depreciation, Depletion And Amortization	$232.8K	$235.4K
YoY Change	58.35%	166.82%
Cash From Operating Activities		-$159.0K
YoY Change		30.13%
INVESTING ACTIVITIES
Capital Expenditures		-$22.37K
YoY Change		-139.95%
Acquisitions
YoY Change
Other Investing Activities		$8.410K
YoY Change
Cash From Investing Activities		$30.78K
YoY Change		-154.96%
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
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities		-159.0K
Cash From Investing Activities		30.78K
Cash From Financing Activities		0.000
Net Change In Cash		-128.2K
YoY Change		-157.82%
FREE CASH FLOW
Cash From Operating Activities		-$159.0K
Capital Expenditures		-$22.37K
Free Cash Flow		-$136.7K
YoY Change		-23.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
	dei	Entity Address Address Line1 EntityAddressAddressLine1	2030 Powers Ferry Road SE
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 212
	dei	Entity Address City Or Town EntityAddressCityOrTown	Atlanta
	dei	Entity Address State Or Province EntityAddressStateOrProvince	GA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	30339
	dei	City Area Code CityAreaCode	404
	dei	Local Phone Number LocalPhoneNumber	816-8240
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	49821698	shares
CY2023Q3	BMNR	Notes Receivable Related Partyshort Term NotesReceivableRelatedPartyshortTerm	374444	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	342296	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	270547	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	198084	usd
CY2023Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	105000	usd
CY2024Q1	BMNR	Crypto Asset Fair Value CryptoAssetFairValue	11733	usd
CY2023Q3	BMNR	Crypto Asset Fair Value CryptoAssetFairValue	129469	usd
CY2024Q1	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
CY2024Q1	BMNR	Notes Receivable Related Partyshort Term NotesReceivableRelatedPartyshortTerm	374444	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	1658028	usd
CY2023Q3	us-gaap	Assets Current AssetsCurrent	879460	usd
CY2024Q1	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	0	usd
CY2023Q3	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	731472	usd
CY2024Q1	BMNR	Notes Receivable Related Party Long Term NotesReceivableRelatedPartyLongTerm	468056	usd
CY2023Q3	BMNR	Notes Receivable Related Party Long Term NotesReceivableRelatedPartyLongTerm	655277	usd
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	867247	usd
CY2023Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	987429	usd
CY2024Q1	BMNR	Fixed Assets Net FixedAssetsNet	2145364	usd
CY2023Q3	BMNR	Fixed Assets Net FixedAssetsNet	495702	usd
CY2024Q1	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	2711142	usd
CY2023Q3	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	4453466	usd
CY2024Q1	us-gaap	Assets Assets	7849837	usd
CY2023Q3	us-gaap	Assets Assets	8202805	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	403739	usd
CY2023Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	74904	usd
CY2024Q1	us-gaap	Interest Payable Current InterestPayableCurrent	200730	usd
CY2023Q3	us-gaap	Interest Payable Current InterestPayableCurrent	97460	usd
CY2024Q1	BMNR	Loans Payable Related Party LoansPayableRelatedParty	1625000	usd
CY2023Q3	BMNR	Loans Payable Related Party LoansPayableRelatedParty	1300000	usd
CY2024Q1	us-gaap	Loans Payable LoansPayable	93779	usd
CY2023Q3	us-gaap	Loans Payable LoansPayable	0	usd
CY2024Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	114835	usd
CY2023Q3	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2024Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	86193	usd
CY2023Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	86193	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2524276	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1558558	usd
CY2024Q1	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	343787	usd
CY2023Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	386884	usd
CY2024Q1	us-gaap	Liabilities Liabilities	2868063	usd
CY2023Q3	us-gaap	Liabilities Liabilities	1945441	usd
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	45	usd
CY2023Q3	us-gaap	Preferred Stock Value PreferredStockValue	45	usd
CY2024Q1	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
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	49821698	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49821698	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	4982	usd
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	4967	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11738635	usd
CY2023Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11183720	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6761889	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4931367	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4981774	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	6257365	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7849837	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8202805	usd
CY2024Q1	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	20471	usd
CY2023Q1	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	51564	usd
	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	190192	usd
	BMNR	Revenue From Sale Of Mining Equipment RevenueFromSaleOfMiningEquipment	124364	usd
CY2024Q1	BMNR	Revenue From Hosting RevenueFromHosting	10116	usd
CY2023Q1	BMNR	Revenue From Hosting RevenueFromHosting	0	usd
	us-gaap	Interest Expense Other InterestExpenseOther	27019	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-183670	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-221208	usd
	BMNR	Revenue From Self Mining RevenueFromSelfMining	1190749	usd
	BMNR	Revenue From Self Mining RevenueFromSelfMining	133443	usd
CY2024Q1	us-gaap	Revenues Revenues	891613	usd
CY2023Q1	us-gaap	Revenues Revenues	156090	usd
	us-gaap	Revenues Revenues	1402921	usd
	us-gaap	Revenues Revenues	257807	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	323622	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	60633	usd
	us-gaap	Gross Profit GrossProfit	427704	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	229047	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	42633	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	297445	usd
CY2024Q1	us-gaap	Depreciation Depreciation	235370	usd
CY2023Q1	us-gaap	Depreciation Depreciation	88213	usd
	us-gaap	Depreciation Depreciation	457901	usd
CY2024Q1	us-gaap	Professional Fees ProfessionalFees	227530	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	101065	usd
	us-gaap	Professional Fees ProfessionalFees	303390	usd
CY2024Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	357006	usd
CY2023Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	130430	usd
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	704149	usd
CY2024Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2024Q1	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	76591	usd
CY2023Q1	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	12761	usd
	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	76591	usd
	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	12761	usd
CY2024Q1	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	usd
CY2023Q1	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	usd
	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	972363	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	349580	usd
	us-gaap	Operating Expenses OperatingExpenses	1686294	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-648741	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-288947	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1258590	usd
CY2024Q1	us-gaap	Interest Expense Other InterestExpenseOther	54279	usd
CY2023Q1	us-gaap	Interest Expense Other InterestExpenseOther	22211	usd
	us-gaap	Interest Expense Other InterestExpenseOther	153699	usd
CY2024Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-68559	usd
CY2023Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	0	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-111773	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	37777	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	0	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-114835	usd
CY2024Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
CY2024Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	14791	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	3751	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	29584	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-253941	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-18460	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-571931	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-902682	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-307407	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1830522	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49821698	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49821698	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48778343	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48778343	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49785202	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49785202	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48734387	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48734387	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
CY2023Q1	BMNR	Stock Issued During Period Value Issued For Services Related Party StockIssuedDuringPeriodValueIssuedForServicesRelatedParty	49785	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-307407	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	6751348	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	6257365	usd
CY2023Q4	BMNR	Stock Based Compensation Related Parties Value StockBasedCompensationRelatedPartiesValue	277466	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-927840	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	5606991	usd
CY2024Q1	BMNR	Stock Based Compensation Related Parties Value StockBasedCompensationRelatedPartiesValue	277465	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-902682	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4981774	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1830522	usd
	us-gaap	Net Income Loss NetIncomeLoss	-778071	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	554931	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	125214	usd
	us-gaap	Depreciation Depreciation	457901	usd
	us-gaap	Depreciation Depreciation	147265	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-31641	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-0	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-114835	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-0	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-111773	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	122950	usd
	BMNR	Crypto Asset Realized And Unrealized Gain Loss Operating CryptoAssetRealizedAndUnrealizedGainLossOperating	128010	usd
	BMNR	Crypto Asset Realized And Unrealized Gain Loss Operating CryptoAssetRealizedAndUnrealizedGainLossOperating	14627	usd
	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-187221	usd
	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	71714	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	93084	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-0	usd
	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	328835	usd
	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-41134	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-43096	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	30938	usd
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	103270	usd
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	27019	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-204304	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-452160	usd
	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	8408	usd
	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	57355	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	469843	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-48946	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-469843	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	325000	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	800000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	325000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	800000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	71749	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-122003	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
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	342296	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	270547	usd
	BMNR	Proceeds Received From Bitcoin Loan ProceedsReceivedFromBitcoinLoan	577934	usd
	BMNR	Proceeds Received From Bitcoin Loan ProceedsReceivedFromBitcoinLoan	0	usd
	BMNR	Repayment Of Bitcoin Loan In Bitcoin RepaymentOfBitcoinLoanInBitcoin	484156	usd
	BMNR	Repayment Of Bitcoin Loan In Bitcoin RepaymentOfBitcoinLoanInBitcoin	0	usd
	BMNR	Purchase Of Equipment With Bitcoin PurchaseOfEquipmentWithBitcoin	339525	usd
	BMNR	Purchase Of Equipment With Bitcoin PurchaseOfEquipmentWithBitcoin	0	usd
	BMNR	Sale Of Fixed Assets For Note Receivable SaleOfFixedAssetsForNoteReceivable	0	usd
	BMNR	Sale Of Fixed Assets For Note Receivable SaleOfFixedAssetsForNoteReceivable	613514	usd
	BMNR	Property Contributed To Joint Venture PropertyContributedToJointVenture	0	usd
	BMNR	Property Contributed To Joint Venture PropertyContributedToJointVenture	987249	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84A_eus-gaap--UseOfEstimates_zOampciUy02k" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_86E_zGLqlOMdv9da">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"> </p>
CY2024Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	342296	usd
CY2023Q3	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	270547	usd
CY2024Q1	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	76591	usd
	BMNR	Crypto Asset Realized Gain Loss Operating CryptoAssetRealizedGainLossOperating	76591	usd
CY2024Q1	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	2711142	usd
CY2023Q3	BMNR	Fixed Assets Not In Service FixedAssetsNotInService	4453466	usd
CY2023Q3	BMNR	Crypto Asset Fair Value CryptoAssetFairValue	129469	usd
CY2023Q3	BMNR	Crypto Units CryptoUnits	5.0
CY2024Q1	BMNR	Crypto Asset Fair Value CryptoAssetFairValue	11733	usd
CY2024Q1	BMNR	Crypto Units CryptoUnits	0.2
	us-gaap	Revenues Revenues	1402921	usd
	us-gaap	Revenues Revenues	257807	usd
CY2024Q1	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	2711142	usd
	us-gaap	Depreciation Depreciation	457901	usd
	us-gaap	Depreciation Depreciation	147265	usd
CY2024Q1	BMNR	Notes Receivable NotesReceivable	1573972	usd
CY2023Q3	BMNR	Notes Receivable NotesReceivable	1761193	usd
CY2024Q1	BMNR	Notes Receivable Noncurrent NotesReceivableNoncurrent	468056	usd
CY2023Q3	BMNR	Notes Receivable Noncurrent NotesReceivableNoncurrent	1386749	usd
CY2024Q1	BMNR	Notes Receivable Current NotesReceivableCurrent	1105916	usd
CY2023Q3	BMNR	Notes Receivable Current NotesReceivableCurrent	374444	usd
CY2024Q1	BMNR	Notes Receivable NotesReceivable	1573972	usd
CY2023Q3	BMNR	Notes Receivable NotesReceivable	1761193	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	29584	usd
CY2024Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	114835	usd
CY2024Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	114835	usd
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49821698	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49665649	shares
CY2024Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	9500800	shares
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001683168-24-002367-index-headers.html	Edgar Link	pending
0001683168-24-002367-index.html	Edgar Link	pending
0001683168-24-002367.txt	Edgar Link	pending
0001683168-24-002367-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-022924.htm	Edgar Link	pending
bmnr-20240229.xsd	Edgar Link	pending
bmnr-20240229_cal.xml	Edgar Link	unprocessable
bmnr-20240229_def.xml	Edgar Link	unprocessable
bmnr-20240229_lab.xml	Edgar Link	unprocessable
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
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
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
bmnr-20240229_pre.xml	Edgar Link	unprocessable
bitmine_i10q-022924_htm.xml	Edgar Link	completed

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BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2024 Q2 Form 10-Q Financial Statement

#000168316824002367 Filed on April 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2024 Q2 Form 10-Q Financial Statement

#000168316824002367 Filed on April 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr