Bitmine Immersion Technologies BMNP
NYSE BMNP
$97.70 -0.23 (-0.23%)
As of: Sep 8, 2026 · 3:42 PM EDT

Bitmine Immersion Technologies (BMNP) Asset Utilization Ratio (2022 - 2026)

Bitmine Immersion Technologies' (BMNP) quarterly Asset Utilization Ratio came in at 0.01 in Q2 2026, down 99.18% on a YoY basis from 0.69 in Q2 2025, and up 263.76% quarter-over-quarter from 0.0 in Q1 2026.

Analysis

Bitmine Immersion Technologies (BMNP) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

Bitmine Immersion Technologies (BMNP) has reported Asset Utilization Ratio for 5 consecutive years, with 0.01 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 99.18% year-over-year to 0.01; the trailing twelve-month figure through May 2026 stood at 0.01 (down 99.18% YoY), and the FY2025 full-year result was 0.0, down 99.68% from the prior year.
  • Asset Utilization Ratio climbed to 0.01 in Q2 2026 per BMNP's latest filing, from 0.0 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.69 in Q2 2025 and bottomed at 0.0 in Q4 2025.
  • Historically, Asset Utilization Ratio has averaged 0.2 across 5 years, with a median of 0.1 in 2022.
  • The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio soared 543.72% in 2024, then slumped 99.87% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.07 in 2022, then jumped by 92.11% to 0.13 in 2023, then surged by 318.18% to 0.53 in 2024, then plunged by 99.87% to 0.0 in 2025, then jumped by 702.32% to 0.01 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.01, 0.0, and 0.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Bitmine Immersion Technologies 53.91 Bn 53.57 Bn 40.81 Mn 0.01
2 Iren 14.89 Bn 7.32 Bn 103.89 Mn 0.06
3 Hut 8 11.74 Bn 4.95 Bn 48.04 Mn 0.05
4 Riot Platforms 7.69 Bn 7.14 Bn 84.97 Mn 0.20
5 Argo Blockchain 6.35 Bn 6.34 Bn - -
6 MARA Holdings 4.48 Bn 4.04 Bn - 0.17
7 Cleanspark 3.59 Bn 3.38 Bn - -
8 Bitdeer Technologies 2.57 Bn 2.11 Bn -8.53 Mn 0.25
9 Keel Infrastructure 2.26 Bn 2.26 Bn -86.75 Mn 0.17
10 HIVE Digital Technologies 841.35 Mn 602.32 Mn -29.49 Mn 0.42
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.01
Feb 28, 2026 0.00
Nov 30, 2025 0.00
Aug 31, 2025 0.00
May 31, 2025 0.69
Feb 28, 2025 0.60
Nov 30, 2024 0.53
Aug 31, 2024 0.43
May 31, 2024 0.36
Feb 29, 2024 0.22
Nov 30, 2023 0.13
Aug 31, 2023 0.08
May 31, 2023 0.06
Feb 28, 2023 0.04
Nov 30, 2022 0.07
Aug 31, 2022 0.08
May 31, 2022 0.12
Feb 28, 2022 0.14