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 Expenses (2023 - 2026)

Bitmine Immersion Technologies' (BMNP) quarterly Interest Expenses came in at -$4.8 million in Q1 2026, down 8128.33% on a YoY basis from $60000.0 in Q1 2025, and down 2508.5% quarter-over-quarter from $200000.0 in Q4 2025.

Analysis

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

Bitmine Immersion Technologies (BMNP) has reported Interest Expenses for 4 consecutive years, with -$4.8 million the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 8128.33% year-over-year to -$4.8 million; the trailing twelve-month figure through Feb 2026 stood at -$4.5 million (down 1945.04% YoY), and the FY2025 full-year result was $245000.0, down 8.92% from the prior year.
  • Interest Expenses declined to -$4.8 million in Q1 2026 per BMNP's latest filing, from $200000.0 in the prior quarter.
  • Across five years, Interest Expenses topped out at $200000.0 in Q4 2025 and bottomed at -$4.8 million in Q1 2026.
  • Historically, Interest Expenses has averaged -$620725.3 across 4 years, with a median of $58738.0 in 2024.
  • The sharpest annual moves came in 2025 and 2026: Interest Expenses surged 194.12% in 2025, then plunged 8128.33% in 2026.
  • Over 4 years, Interest Expenses stood at $28622.0 in 2023, then jumped by 137.58% to $68000.0 in 2024, then soared by 194.12% to $200000.0 in 2025, then sank by 2508.5% to -$4.8 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$4.8 million, $200000.0, and $60000.0 for Q1 2026, Q4 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (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 24.47 Mn
3 Hut 8 11.74 Bn 4.95 Bn 48.04 Mn 51.16 Mn
4 Riot Platforms 7.69 Bn 7.14 Bn 84.97 Mn 2.69 Mn
5 Argo Blockchain 6.35 Bn 6.34 Bn - -
6 MARA Holdings 4.48 Bn 4.04 Bn - 6.26 Mn
7 Cleanspark 3.59 Bn 3.38 Bn - 2.04 Mn
8 Bitdeer Technologies 2.57 Bn 2.11 Bn -8.53 Mn -32.47 Mn
9 Keel Infrastructure 2.26 Bn 2.26 Bn -86.75 Mn 2.11 Mn
10 HIVE Digital Technologies 841.35 Mn 602.32 Mn -29.49 Mn 1.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Feb 28, 2026 -4.82 Mn
Nov 30, 2025 200,000.00
Feb 28, 2025 60,000.00
Nov 30, 2024 68,000.00
Aug 31, 2024 58,738.00
May 31, 2024 56,563.00
May 31, 2023 28,622.00