BitMine Immersion Technologies (BitMine Immersion Technologies) Accounts Payable & Accrued Expense : $0.60 Mil (As of Feb. 2024)

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What is BitMine Immersion Technologies Accounts Payable & Accrued Expense?

BitMine Immersion Technologies's quarterly accounts payable & accrued expense increased from Aug. 2023 ($0.17 Mil) to Nov. 2023 ($0.35 Mil) and increased from Nov. 2023 ($0.35 Mil) to Feb. 2024 ($0.60 Mil).

BitMine Immersion Technologies's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Aug. 2022 ($0.09 Mil) and increased from Aug. 2022 ($0.09 Mil) to Aug. 2023 ($0.17 Mil).

BitMine Immersion Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for BitMine Immersion Technologies's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BitMine Immersion Technologies Accounts Payable & Accrued Expense Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Accounts Payable & Accrued Expense

0.09

0.17

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.07	0.11	0.17	0.35	0.60

BitMine Immersion Technologies Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.