BitMine Immersion Technologies, Inc. (BMNR) - Net Assets
Based on the latest financial reports, BitMine Immersion Technologies, Inc. (BMNR) has net assets worth $11.60 Billion USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.63 Billion) and total liabilities ($30.13 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See debt-free asset ratio of BitMine Immersion Technologies, Inc. to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.60 Billion |
| % of Total Assets | 99.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 2410869.01% |
| 10-Year Change | N/A |
| Growth Volatility | 91762.15 |
BitMine Immersion Technologies, Inc. - Net Assets Trend (2012–2025)
This chart illustrates how BitMine Immersion Technologies, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore BitMine Immersion Technologies, Inc. equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for BitMine Immersion Technologies, Inc. (2012–2025)
The table below shows the annual net assets of BitMine Immersion Technologies, Inc. from 2012 to 2025. For live market cap and overall valuation, see how much is BitMine Immersion Technologies, Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $8.69 Billion | +212541.86% |
| 2024-08-31 | $4.09 Million | -34.67% |
| 2023-08-31 | $6.26 Million | -15.49% |
| 2022-08-31 | $7.40 Million | +1953.58% |
| 2021-08-31 | $360.55K | +820.02% |
| 2020-08-31 | $-50.08K | +85.27% |
| 2013-08-31 | $-339.93K | -11.67% |
| 2012-08-31 | $-304.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to BitMine Immersion Technologies, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 33891000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $337.39 Million | 3.88% |
| Common Stock | $23.00K | 0.00% |
| Other Components | $8.36 Billion | 96.12% |
| Total Equity | $8.69 Billion | 100.00% |
BitMine Immersion Technologies, Inc. Competitors by Market Cap
The table below lists competitors of BitMine Immersion Technologies, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BizLink Holding Inc
TW:3665
|
$14.50 Billion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
$14.50 Billion |
|
Tech Mahindra Limited
NSE:TECHM
|
$14.51 Billion |
|
Guangdong Wens Foodstuff Group Co Ltd
SHE:300498
|
$14.51 Billion |
|
Cholamandalam Investment and Finance Company Limited
NSE:CHOLAFIN
|
$14.49 Billion |
|
Emera Inc.
TO:EMA
|
$14.49 Billion |
|
Aramark Holdings
NYSE:ARMK
|
$14.48 Billion |
|
Cummins India Limited
NSE:CUMMINSIND
|
$14.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BitMine Immersion Technologies, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,088,000 to 8,692,797,000, a change of 8,688,709,000 (212541.8%).
- Net income of 348,577,000 contributed positively to equity growth.
- Dividend payments of 2,961,000 reduced retained earnings.
- New share issuances of 7,948,276,000 increased equity.
- Other factors increased equity by 394,817,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $348.58 Million | +4.01% |
| Dividends Paid | $2.96 Million | -0.03% |
| Share Issuances | $7.95 Billion | +91.44% |
| Other Changes | $394.82 Million | +4.54% |
| Total Change | $- | 212541.81% |
Book Value vs Market Value Analysis
This analysis compares BitMine Immersion Technologies, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-08-31 | $-0.07 | $24.03 | x |
| 2013-08-31 | $-0.08 | $24.03 | x |
| 2020-08-31 | $-0.02 | $24.03 | x |
| 2021-08-31 | $0.01 | $24.03 | x |
| 2022-08-31 | $0.03 | $24.03 | x |
| 2023-08-31 | $0.03 | $24.03 | x |
| 2024-08-31 | $0.02 | $24.03 | x |
| 2025-08-31 | $35.46 | $24.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BitMine Immersion Technologies, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5719.06%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (4.01%) is above the historical average (-23.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.07% | 2.50x | 0.00x | $30.83K |
| 2013 | 0.00% | -33.54% | 0.47x | 0.00x | $4.79K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.34K |
| 2021 | -42.78% | 0.00% | 0.00x | 1.79x | $-190.29K |
| 2022 | -27.08% | -468.87% | 0.05x | 1.08x | $-2.75 Million |
| 2023 | -39.39% | -381.98% | 0.08x | 1.31x | $-3.09 Million |
| 2024 | -80.54% | -99.46% | 0.45x | 1.78x | $-3.70 Million |
| 2025 | 4.01% | 5719.06% | 0.00x | 1.01x | $-520.70 Million |
Industry Comparison
This section compares BitMine Immersion Technologies, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $140,110,454
- Average return on equity (ROE) among peers: -2193.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BitMine Immersion Technologies, Inc. (BMNR) | $11.60 Billion | 0.00% | 0.00x | $14.50 Billion |
| American Bitcoin Corp (ABTC) | $58.08 Million | -0.05% | 0.01x | $185.56 Million |
| Abits Group Inc. (ABTS) | $-4.59 Million | 0.00% | 0.00x | $3.86 Million |
| Sphere 3D Corp (ANY) | $113.17K | -3.93% | 0.05x | $23.50 Million |
| Argo Blockchain PLC ADR (ARBK) | $158.00K | -21922.15% | 479.63x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $9.85 Million | 15.02% | 5.53x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $6.18 Million | -16.75% | 0.11x | $23.24 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $13.08 Million |
| BGC Group Inc. (BGC) | $724.97 Million | 6.06% | 4.42x | $4.20 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $28.15 Million |
| Bitfarms Ltd (BITF) | $608.00 Million | -8.89% | 0.10x | $1.21 Billion |
About BitMine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprieta… Read more