Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero

Reuters01-14

Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero

Bitmine Immersion Technologies Inc. reported its earnings for the three months ended November 30, 2025. Revenue from the sale of mining equipment was nil during the period. Revenue from self-mining was USD 2 thousand for the quarter. Cost of sales related to self-mining totaled USD 86 thousand, while cost of sales related to leasing was USD 909 thousand, reflecting the impact of the Machine Lease Agreement with KULR Technology Group, Inc. signed in May 2025. The company continued its transition to an asset-light, ETH-focused business model, with energy use metrics from prior mining operations excluded from current disclosures. Bitmine Immersion Technologies Inc. utilizes Adjusted EBITDA and Adjusted EPS as non-GAAP performance measures in its reporting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitmine Immersion Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-002084), on January 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603655846?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-14 06:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603655846","market":"us","top_or_hot":-1,"title":"Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Bitmine Immersion Technologies Inc. reported its earnings for the three months ended November 30, 2025. Revenue from the sale of mining equipment was nil during the period. Revenue from self-mining was USD 2 thousand for the quarter. Cost of sales related to self-mining totaled USD 86 thousand, while cost of sales related to leasing was USD 909 thousand, reflecting the impact of the Machine Lease Agreement with <a href=\"https://laohu8.com/S/KULR\">KULR Technology Group, Inc.</a> signed in May 2025. The company continued its transition to an asset-light, ETH-focused business model, with energy use metrics from prior mining operations excluded from current disclosures. Bitmine Immersion Technologies Inc. utilizes Adjusted EBITDA and Adjusted EPS as non-GAAP performance measures in its reporting.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitmine Immersion Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-002084), on January 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-14 06:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Bitmine Immersion Technologies Inc. reported its earnings for the three months ended November 30, 2025. Revenue from the sale of mining equipment was nil during the period. Revenue from self-mining was USD 2 thousand for the quarter. Cost of sales related to self-mining totaled USD 86 thousand, while cost of sales related to leasing was USD 909 thousand, reflecting the impact of the Machine Lease Agreement with <a href=\"https://laohu8.com/S/KULR\">KULR Technology Group, Inc.</a> signed in May 2025. The company continued its transition to an asset-light, ETH-focused business model, with energy use metrics from prior mining operations excluded from current disclosures. Bitmine Immersion Technologies Inc. utilizes Adjusted EBITDA and Adjusted EPS as non-GAAP performance measures in its reporting.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitmine Immersion Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-002084), on January 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4096","symbol_name":"电气部件与设备","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260113:nNDL4xTyDs:1","article_id":"2603655846","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603655846","pubTimestamp":1768342905,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Bitmine Immersion Technologies Inc. reported its earnings for the three months ended November 30, 2025. Revenue from the sale of mining equipment was nil during the period. Revenue from self-mining was USD 2 thousand for the quarter. Cost of sales related to self-mining totaled USD 86 thousand, while cost of sales related to leasing was USD 909 thousand, reflecting the impact of the Machine Lease Agreement with KULR Technology Group, Inc. signed in May 2025. The company continued its transition to an asset-light, ETH-focused business model, with energy use metrics from prior mining operations excluded from current disclosures. Bitmine Immersion Technologies Inc. utilizes Adjusted EBITDA and Adjusted EPS as non-GAAP performance measures in its reporting.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4096":"电气部件与设备","BMNR":"BitMine Immersion Technologies Inc.","BK4147":"半导体设备","BK4023":"应用软件"},"translate_title":"Bitmine Immersion Technologies第四季度收入增至230万美元，销售租赁成本从零跃升至90万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMNR":1.96},"content_text":"Bitmine Immersion Technologies Q4 revenue rises to USD 2.3 million, leasing cost of sales jumps to USD 0.9 million from zero\n    \n\n        Bitmine Immersion Technologies Inc. reported its earnings for the three months ended November 30, 2025. Revenue from the sale of mining equipment was nil during the period. Revenue from self-mining was USD 2 thousand for the quarter. Cost of sales related to self-mining totaled USD 86 thousand, while cost of sales related to leasing was USD 909 thousand, reflecting the impact of the Machine Lease Agreement with KULR Technology Group, Inc. signed in May 2025. The company continued its transition to an asset-light, ETH-focused business model, with energy use metrics from prior mining operations excluded from current disclosures. Bitmine Immersion Technologies Inc. utilizes Adjusted EBITDA and Adjusted EPS as non-GAAP performance measures in its reporting.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitmine Immersion Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-002084), on January 13, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603655846","isCrawlerRequest":true}