BITMINE IMMERSION TECHNOLOGIES, INC.
For the period ended Aug 31, 2026. Filed Nov 10, 2026.
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FY2026 · Filed Nov 10, 2026
BMNR$18.08-2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consoli dated Statement of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Fiscal year ended | Fiscal year ended | |
|---|---|---|
| August 31, 2026 | August 31, 2025 | |
| Cash flows from operating activities | ||
| Net Income (loss) | $(6,313,386) | $348,577 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||
| Unrealized loss / (gain) on digital assets held | 6,229,064 | (805,008) |
| Change in fair value of warrant liability | (257,859) | — |
| Warrant expense | — | 348,959 |
| Net loss on derivative contracts | 143,674 | — |
| Deferred income tax expense / (benefit) | (92,281) | 92,295 |
| Noncash revenue from staking and validation, net | (112,662) | — |
| Stock based compensation | 59,009 | 2,425 |
| Change in the fair value of equity method investment | 22,898 | — |
| Issuance costs related to warrant offering | 9,381 | — |
| Proceeds from sale of digital assets | 3,036 | — |
| Other non-cash adjustments | 2,446 | (487) |
| Changes in operating assets and liabilities | ||
| Other current assets | (1,377) | 178 |
| Other current liabilities | 2,908 | 8,912 |
| Net cash used in operating activities | (305,149) | (4,149) |
| Cash flows from investing activities | ||
| Purchase of digital assets | (12,553,572) | (7,433,131) |
| Purchase of equity investments, net | (290,880) | — |
| Proceeds from sale of digital assets | — | 2,187 |
| Premium paid on option contracts | (125,262) | — |
| Premiums received on option contracts | 121,388 | — |
| Acquisition of Pier Two, net of cash acquired | (5,903) | — |
| Net property and equipment activity | 243 | (1,065) |
| Payments related to acquisition consideration | (1,140) | — |
| Net cash used in investing activities | (12,855,126) | (7,432,009) |
| Cash flows from financing activities: | ||
| Proceeds from at-the-market offering program | 13,201,494 | 7,717,761 |
| Issuance cost related to common stock offering | (260,705) | — |
| Payment of dividends on common stock | (4,258) | — |
| Proceeds from issuance of common stock and warrants | 365,240 | — |
| Issuance cost related to equity and warrant offerings | (12,870) | — |
| Proceeds from issuance of Redeemable Preferred stock | 280,000 | — |
| Issuance cost related to Redeemable Preferred Stock offering | (8,522) | — |
| Payment of dividends on Redeemable Preferred Stock | (7,296) | — |
| Net share settlement of executive awards | (6,673) | — |
| Proceeds from private placements and prefunded warrants, net of issuance costs | — | 230,290 |
| Repurchase and retirement of common stock | (353,845) | — |
| Proceeds from exercise of warrants | 848 | — |
| Payment to shareholders for disposal of investment | (35) | — |
| Proceeds from Series A & B preferred stock | — | 225 |
| Repayment of loan | — | (957) |
| Proceeds from loan | — | 1,035 |
| Repayment of related party loan | — | (945) |
| Proceeds from related party loan | — | 250 |
| Net cash provided by financing activities | 13,193,378 | 7,947,659 |
| Net increase in cash and cash equivalents | 33,103 | 511,500 |
| Effect of exchange rate changes on cash | 3 | — |
| Cash and cash equivalents at beginning of period | 511,999 | 499 |
| Cash and cash equivalents at end of period | $545,105 | $511,999 |
| Supplemental Disclosures: | ||
| Cash payments for income taxes, net of refunds | $— | $— |
| Cash paid for interest | $— | $— |
| Supplemental disclosure of non-cash investing and financing activity | ||
| Payment of liabilities in shares | 1,939 | — |
| Right of use assets in exchange for operating lease liabilities | (1,323) | — |
| Noncash consideration issued in connection with Pier Two acquisition | (24,275) | — |
| Issuance of noncontrolling interest | (556) | — |
| Issuance of common stock to settle deferred consideration | (292) | — |
| Dividends accrued | (554) | — |
| Special investment liability settlement of non-cash investment | (144) | — |
| Noncash digital asset investment from investment | 103 | — |
| Repayment of loan with digital assets | — | (374) |
| Purchase of equipment for loan payable | — | 1,035 |
| Issuance of common stock to reduce related party debt | — | 796 |
| Deemed dividend on Series A Convertible Preferred Stock | — | (2,961) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.