---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-000291"
form_type: "8-K"
ticker: "BMNR"
cik: "0001829311"
company_name: "BITMINE IMMERSION TECHNOLOGIES, INC."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:46:21.910066+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bitmine Q1 revenue up 135% to $1.2M; net loss includes $2.96M deemed dividend

## Summary
- Revenue $1,200,830 vs $511,308 YoY (+135%); self-mining revenue $483,683.
- GAAP net loss attributable to common $3,935,386, includes $2,960,648 non-cash deemed dividend.
- Adjusted net loss $974,738; adjusted EPS ($0.02) vs ($0.02) YoY.
- Owned miners increased to 4,640 from 1,606 YoY; purchased 3,000 miners in Q1.
- Expects self-mining revenue to triple once ~2,600 newly installed miners are fully operational.

## SEC filing metadata
- accession: 0001683168-25-000291
- form_type: 8-K
- ticker: BMNR
- cik: 0001829311
- company_name: BITMINE IMMERSION TECHNOLOGIES, INC.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829311/000168316825000291/0001683168-25-000291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829311/000168316825000291/bitmine_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-000291
- JSON: https://secwatch.observer/filing/0001683168-25-000291.json
- Plain text: https://secwatch.observer/filing/0001683168-25-000291.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.