Bitmine Immersion (BMNR) Q3 2025 Earnings Report

In the third quarter of 2025, Bitmine Immersion Technologies Inc (BMNR) reported a revenue of $2,051,856, representing a significant 67.5% increase year-over-year and a 35.22% rise quarter-over-quarter. Despite this promising revenue growth, the company faced operational hurdles, culminating in a net loss of $622,762, reflecting a persistent challenge in managing costs effectively. This quarter's operating income loss of $467,952 and an EBITDA loss of $370,160 underline the underlying pressure on profitability, even as gross profit surged by 121.43% compared to the previous year. Management emphasized their strategic pivot towards improving operational efficiencies and enhancing data center services to bolster revenue streams in the face of fierce market competition.