v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Total Revenue $ 46,535,000 $ 2,052,000 $ 59,870,000 $ 4,770,000
Cost of Sales 5,726,000 1,742,000 8,177,000 4,393,000
Operating expenses:        
General and administrative expenses 37,270,000 744,000 335,662,000 2,667,000
Unrealized loss (gain) from the digital assets holdings 15,404,000 34,000 9,038,538,000 (25,000)
Total operating expenses 52,674,000 778,000 9,374,200,000 2,642,000
Loss from operations (11,865,000) (468,000) (9,322,507,000) (2,265,000)
Other income (expense):        
Change in fair value of warrant liability 16,488,000 0 264,121,000 0
Net loss on derivative contracts (92,093,000) 0 (133,275,000) 0
Issuance costs related to warrant offering 0 0 (9,381,000) 0
Change in the fair value of equity method investment (1,177,000) 0 (6,793,000) 0
Interest income (expense), net 5,300,000 (72,000) 9,917,000 (200,000)
Other income (expense) (248,000) (83,000) (480,000) (289,000)
Pre-tax loss (83,595,000) (623,000) (9,198,398,000) (2,754,000)
Income tax benefit 0 0 (92,295,000) 0
Net loss (83,595,000) (623,000) (9,106,103,000) (2,754,000)
Deemed dividend on Series A Preferred Stock 0 0 0 (2,961,000)
Net loss attributable to common stockholders (83,595,000) (623,000) (9,106,103,000) (5,715,000)
Less: Net loss attributable to non-controlling interest (19,000) 0 (19,000) 0
Net loss available to common stockholders - basic (83,576,000) (623,000) (9,106,084,000) (5,715,000)
Net loss available to common stockholders - diluted $ (83,576,000) $ (623,000) $ (9,106,084,000) $ (5,715,000)
Basic loss per common share (usd per share) $ (0.15) $ (0.31) $ (20.51) $ (2.62)
Diluted loss per common share (usd per share) $ (0.15) $ (0.31) $ (20.51) $ (2.62)
Weighted-average number of common shares outstanding - Basic 551,788,656 2,006,202 443,947,604 2,185,206
Weighted-average number of common shares outstanding - diluted 551,788,656 2,006,202 443,947,604 2,185,206
Other comprehensive income, net of tax        
Foreign currency translation adjustments $ 545,000 $ 0 $ 545,000 $ 0
Other comprehensive income 545,000 0 545,000 0
Comprehensive loss (83,050,000) (623,000) (9,105,558,000) (5,715,000)
Less: Comprehensive loss attributable to the non-controlling interest (8,000) 0 (8,000) 0
Comprehensive loss attributable to controlling stockholders of Bitmine Immersion Technologies, Inc. (83,042,000) (623,000) (9,105,550,000) (5,715,000)
Staking and validation        
Total Revenue 45,743,000 0 56,924,000 0
Self mining        
Total Revenue 624,000 813,000 845,000 2,814,000
Consulting        
Total Revenue 168,000 35,000 565,000 35,000
Leasing        
Total Revenue 0 1,075,000 1,536,000 1,075,000
Sale of mining equipment        
Total Revenue $ 0 $ 129,000 $ 0 $ 846,000