Bitmine Immersion Technologies (BMNR) Asset Utilization Ratio (2022 - 2026)
Bitmine Immersion Technologies' (BMNR) Asset Utilization Ratio was 0.01 for fiscal Q3 2026 (quarter ended May 31, 2026), down 99.2% from 0.69 a year earlier but up 263.8% from the prior quarter.
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Analysis
Bitmine Immersion Technologies (BMNR) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Asset Utilization Ratio at Bitmine Immersion Technologies was 0.00, down 99.7% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 0.43 in FY2024 (+435.9%), 0.08 in FY2023 (-19.6%) and 0.10 in FY2022.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.00 in fiscal Q1 2026 and a high of 0.69 in fiscal Q3 2025.
- Year over year, Asset Utilization Ratio has now declined in each of the last four quarters, with growth averaging 80.0% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q3 2024 (growth of 543.7%); the low point was fiscal Q1 2026 (a decline of 99.9%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.00 (Q2 2026), 0.00 (Q1 2026) and 0.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.16 Bn | 7.39 Bn | - | 0.42 |
| 2 | Coinbase Global | 47.93 Bn | 4.73 Bn | - | 0.23 |
| 3 | Block | 45.92 Bn | 17.22 Bn | 3.17 Bn | 0.63 |
| 4 | Corpay | 26.37 Bn | 16.26 Bn | - | 0.18 |
| 5 | Fiserv | 24.71 Bn | 21.39 Bn | 2.90 Bn | 0.26 |
| 6 | Global Payments | 22.16 Bn | -54.36 Mn | 2.03 Bn | 0.16 |
| 7 | Guidewire Software | 13.84 Bn | 10.41 Bn | 269.68 Mn | 0.58 |
| 8 | Bitmine Immersion Technologies | 13.18 Bn | 10.56 Bn | 40.81 Mn | 0.01 |
| 9 | Chime Financial | 11.42 Bn | 7.21 Bn | 594.87 Mn | 1.25 |
| 10 | Jack Henry & Associates | 10.91 Bn | 10.81 Bn | 273.85 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Bitmine Immersion Technologies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BMNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BMNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BMNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();