BitMine Immersion Technologies (BitMine Immersion Technologies) Tax Rate % : 0.00% (As of Feb. 2024)

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What is BitMine Immersion Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BitMine Immersion Technologies's Tax Expense for the three months ended in Feb. 2024 was $0.00 Mil. BitMine Immersion Technologies's Pre-Tax Income for the three months ended in Feb. 2024 was $-0.90 Mil. Therefore, BitMine Immersion Technologies's Tax Rate % for the quarter that ended in Feb. 2024 was 0.00%.

BitMine Immersion Technologies Tax Rate % Historical Data

The historical data trend for BitMine Immersion Technologies's Tax Rate % 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 Tax Rate % Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Tax Rate %

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial				-	-	-	-	-

BitMine Immersion Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

BitMine Immersion Technologies's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	0	/	-2.465
	=	0.00 %

BitMine Immersion Technologies's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	0	/	-0.903
	=	0.00 %

BitMine Immersion Technologies Tax Rate % 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 » Tax Rate %

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.