BitMine Immersion Technologies (BitMine Immersion Technologies) Other Operating Expense : $2.56 Mil (TTM As of Feb. 2024)

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What is BitMine Immersion Technologies Other Operating Expense?

BitMine Immersion Technologies's Other Operating Expense for the three months ended in Feb. 2024 was $0.59 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 was $2.56 Mil.

BitMine Immersion Technologies's quarterly Other Operating Expense declined from Aug. 2023 ($1.14 Mil) to Nov. 2023 ($0.57 Mil) but then increased from Nov. 2023 ($0.57 Mil) to Feb. 2024 ($0.59 Mil).

BitMine Immersion Technologies's annual Other Operating Expense increased from . 20 ($0.00 Mil) to Aug. 2022 ($0.49 Mil) and increased from Aug. 2022 ($0.49 Mil) to Aug. 2023 ($1.78 Mil).

BitMine Immersion Technologies Other Operating Expense Historical Data

The historical data trend for BitMine Immersion Technologies's Other Operating 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 Other Operating Expense Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Other Operating Expense

0.49

1.78

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Other Operating Expense	Get a 7-Day Free Trial				0.22	0.26	1.14	0.57	0.59

BitMine Immersion Technologies Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.56 Mil.

BitMine Immersion Technologies Other Operating Expense Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Other Operating 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.