← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
BitMine shifted toward ETH treasury management and digital-asset services after a mining-heavy past, with FY2025 income dominated by non-cash crypto effects.
The read at a glance✓ Audited against SEC data
- Business mix — ETH treasury and digital-asset servicesNote
- Revenue — $6.1M, +84.1%OK
- Cash — FCF -$5.2MWatch
- Margin — Gross margin 5.1%Watch
- SBC — $2.4M, +115.9%Watch
- Insiders — $77.3M purchases / 0 salesOK
- Accounting — Altman safe; Beneish/EQ unavailableNote
Business
BitMine is a digital-asset technology company that now focuses on ETH as its primary treasury reserve asset and on digital-asset ecosystem services.
Where the revenue comes from
Fiscal 2025, as BITMINE IMMERSION TECHNOLOGIES, INC. reports it. History and quarterly detail are in the app.
- Self Mining$3.1M
- Leasing$1.9M
- Sale Of Mining Equipment$846K
- Transformers$704K
- Consulting$235K
Leadership changes
From BITMINE IMMERSION TECHNOLOGIES, INC.'s own filings, the day they're filed.
- Young Kim · director · appointmenteff. 2026-01-23
- Young Kim · Chief Financial Officer · appointmenteff. 2026-01-01
- Raymond Mow · Directors · departureeff. 2025-12-05
Latest filings
- 8-K · Company announcement2026-08-31
- 8-K · Company announcement2026-08-24
- 8-K · Company announcement2026-08-17
- 8-K · Company announcement2026-08-14
- 8-K · Company announcement2026-08-10
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BITMINE IMMERSION TECHNOLOGIES, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.