BitMine Immersion Technologies

BitMine Immersion Technologies, Inc.

Treasury Qualification

Treasury classificationDigital Asset Company with Corporate BTC

Qualification tierCore Directory

Directory statusIncluded

Ownership statusCompany-owned Bitcoin reported separately within BitMine's corporate digital-asset holdings. The company reported 203 BTC as of May 31, 2026. No customer, borrowed, custodial, or third-party-owned Bitcoin is included. The latest disclosure does not provide a Bitcoin-specific pledged-versus-unencumbered reconciliation.

Strategic intent

BitMine operates a long-term digital-asset accumulation strategy centered primarily on Ethereum while retaining a separately reported corporate Bitcoin position. The company describes itself as a Bitcoin and Ethereum network company focused on accumulating crypto for long-term investment through treasury purchases, mining, staking, and capital-markets activity.

Bitcoin Treasury

BTC counted in directory203 BTC

Estimated value$12,936,581BTC price retrieved: July 28, 2026 at 19:56 UTC

Holdings as ofMay 31, 2026

Average purchase priceNot disclosed

Ownership and Restrictions

Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.

Total BTC reported203

Unencumbered / unrestrictedNot separately disclosed

Pledged as collateralNot separately disclosed

Loaned to third parties0

Subsidiary-ownedNot separately disclosed

Other restricted / receivableNot separately disclosed

Latest Financial Results

Reporting period: Six months ended February 28, 2026

Revenue$13,335,000

Operating income/loss$-9,310,875,000

Net income/loss$-9,022,508,000

Cash$879,577,000

Management

Chief executive officer: None
Chief financial officer: Young Kim
Executive chair: Thomas Lee

Research Notes

BitMine reported 203 BTC as of May 31, 2026 alongside 5,416,901 ETH and other corporate assets. Although its present treasury strategy is primarily focused on Ethereum, the company continues to identify itself as a Bitcoin and Ethereum network company focused on accumulating crypto for long-term investment. The 203 BTC are reported as company holdings and are not customer or custodial assets. BitMine had no debt at February 28, 2026, but the May 31 holdings update did not provide a Bitcoin-specific encumbrance reconciliation, so current pledged and unencumbered fields remain unspecified. For the six months ended February 28, 2026, BitMine reported revenue of $13.335 million, operating loss of $9.311 billion, and net loss of $9.023 billion, primarily reflecting unrealized fair-value changes in digital assets. At February 28, total assets were $9.894 billion, total liabilities were $36.168 million, and cash and cash equivalents were $879.577 million.