--- title: "BITMINE IMMERSION TECHNOLOGIES, INC. Q3 2026: Revenue $46.5M, EPS $(0.15) — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/292671820.md" description: "Bitmine Immersion Technologies reported Q3 2026 revenue of $46.5M, a 2,168% YoY increase driven by ETH staking, but posted a net loss of $(83.6) M and diluted EPS of $(0.15). The company has pivoted from mining to an asset-light Ethereum services model, including staking and advisory. Recent moves include NYSE listing, strategic acquisitions like Pier Two, and launching ATM programs to support liquidity and ETH accumulation." datetime: "2026-07-14T20:21:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292671820.md) - [en](https://longbridge.com/en/news/292671820.md) - [zh-HK](https://longbridge.com/zh-HK/news/292671820.md) --- # BITMINE IMMERSION TECHNOLOGIES, INC. Q3 2026: Revenue $46.5M, EPS $(0.15) — 10-Q Summary BITMINE IMMERSION TECHNOLOGIES, INC. reported results for the quarter ended May 31, 2026, posting revenue of $46.5M driven primarily by ETH staking, while reporting a net loss attributable to common stockholders of $(83.6) M and diluted EPS of $(0.15). **Financial Highlights** - Revenue: $46.5M for the quarter ended May 31, 2026, vs. $2.05M in the year‑ago quarter (2,168% YoY). - Net income: Net loss attributable to common stockholders of $(83.6) M for the quarter ended May 31, 2026, vs. $(0.623) M in the year‑ago quarter. - Diluted EPS: $(0.15) for the quarter ended May 31, 2026, vs. $(0.31) in the year‑ago quarter. **Business Highlights** - Revenue growth was driven by staking revenue after the company initiated native ETH staking in November 2025. - Company pivoted from mining to an asset-light, Ethereum-focused services model emphasizing staking, advisory and treasury management. - Completed strategic acquisitions, including Pier Two, and pursued moonshot investments to support the ETH strategy. - Uplisted to the NYSE American and then NYSE; launched ATM and shelf programs to support liquidity and ETH accumulation. - Reallocated expenses toward custody, cybersecurity, compliance and treasury operations; capital spending remains modest compared with the prior mining-focused era. Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. \[ BMNR \] - 10-Q - Jul. 14, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [BMNG.US](https://longbridge.com/en/quote/BMNG.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [BMNU.US](https://longbridge.com/en/quote/BMNU.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [ETHT.US](https://longbridge.com/en/quote/ETHT.US.md) - [ETHU.US](https://longbridge.com/en/quote/ETHU.US.md) - [ETU.US](https://longbridge.com/en/quote/ETU.US.md) - [ETHD.US](https://longbridge.com/en/quote/ETHD.US.md) - [ETQ.US](https://longbridge.com/en/quote/ETQ.US.md) - [SETH.US](https://longbridge.com/en/quote/SETH.US.md) - [YETH.US](https://longbridge.com/en/quote/YETH.US.md) - [BMNZ.US](https://longbridge.com/en/quote/BMNZ.US.md) - [YBMN.US](https://longbridge.com/en/quote/YBMN.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md) ## Related News & Research - [Bitmine Slows ETH Buys to 7,430 Tokens as Tom Lee Redirects $86M to Stock Buybacks: What Changed?](https://longbridge.com/en/news/293231517.md) - [Coincheck Group publishes presentation on Japan crypto regulatory roadmap, FIEA shift and potential 20% retail tax](https://longbridge.com/en/news/295128315.md) - [Ethereum: Glamsterdam upgrade lands - Aug 2026](https://longbridge.com/en/news/294720883.md) - [SharpLink CEO Warns Against New Ethereum Network Proposal EIP-8363](https://longbridge.com/en/news/295307613.md) - [Flag Ship Acquisition Targets AI Compute, Aircraft Engines for Cash Flow](https://longbridge.com/en/news/294852890.md)