Bitmine Immersion Technologies BMNR
NYSE BMNR
$19.55 -0.64 (-3.15%)
As of: Nov 2, 2026 · 3:59 PM EST

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

Updated

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.

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 49.97 Bn 8.67 Bn - 0.42
2 Block 45.94 Bn 17.24 Bn 3.17 Bn 0.63
3 Coinbase Global 36.32 Bn -3.32 Bn - 0.21
4 Fiserv 27.74 Bn 24.41 Bn 2.90 Bn 0.26
5 Corpay 26.80 Bn 16.69 Bn - 0.18
6 Global Payments 26.76 Bn 4.55 Bn 2.03 Bn 0.16
7 Guidewire Software 13.62 Bn 10.18 Bn 269.68 Mn 0.58
8 Jack Henry & Associates 11.74 Bn 11.64 Bn 273.85 Mn 0.82
9 Chime Financial 10.79 Bn 6.58 Bn 594.87 Mn 1.25
10 Bitmine Immersion Technologies 10.77 Bn 8.15 Bn 40.81 Mn 0.01
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
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_KEY