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) Interest Coverage Ratio (2023 - 2026)

Bitmine Immersion Technologies' (BMNP) quarterly Interest Coverage Ratio came in at 797.3 in Q1 2026, up 5339.63% on a YoY basis from 14.66 in Q1 2025, and up 102.92% quarter-over-quarter from 27351.46 in Q4 2025.

Analysis

Bitmine Immersion Technologies (BMNP) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

Bitmine Immersion Technologies (BMNP) has reported Interest Coverage Ratio for 4 consecutive years, with 797.3 the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio rose 5339.63% year-over-year to 797.3; the trailing twelve-month figure through Feb 2026 stood at 1974.8 (up 16155.67% YoY), and the FY2025 full-year result was 1813.11, up 20023.43% from the prior year.
  • Interest Coverage Ratio climbed to 797.3 in Q1 2026 per BMNP's latest filing, from 27351.46 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 797.3 in Q1 2026 and bottomed at 27351.46 in Q4 2025.
  • Historically, Interest Coverage Ratio has averaged 3802.98 across 4 years, with a median of 13.0 in 2024.
  • The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio slumped 210295.85% in 2025, then jumped 5339.63% in 2026.
  • Over 4 years, Interest Coverage Ratio stood at 17.8 in 2023, then grew by 26.97% to 13.0 in 2024, then plunged by 210295.85% to 27351.46 in 2025, then jumped by 102.92% to 797.3 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 797.3, 27351.46, and 15.22 for Q1 2026, Q4 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Bitmine Immersion Technologies 53.91 Bn 53.57 Bn 40.81 Mn -
2 Iren 14.89 Bn 7.32 Bn 103.89 Mn -25.36
3 Hut 8 11.74 Bn 4.95 Bn 48.04 Mn -4.03
4 Riot Platforms 7.69 Bn 7.14 Bn 84.97 Mn -89.11
5 Argo Blockchain 6.35 Bn 6.34 Bn - -
6 MARA Holdings 4.48 Bn 4.04 Bn - -83.18
7 Cleanspark 3.59 Bn 3.38 Bn - -113.92
8 Bitdeer Technologies 2.57 Bn 2.11 Bn -8.53 Mn -3.13
9 Keel Infrastructure 2.26 Bn 2.26 Bn -86.75 Mn -66.59
10 HIVE Digital Technologies 841.35 Mn 602.32 Mn -29.49 Mn -36.28
Historic Data

Historic Data

Download Data
DateValue
Feb 28, 2026 797.30
Nov 30, 2025 -27,351.46
Feb 28, 2025 -15.22
Nov 30, 2024 -13.00
Aug 31, 2024 -11.25
May 31, 2024 -9.45
May 31, 2023 -17.80