BMNR (BitMine Immersion Technologies) Interest Expense: $-0.24 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BMNR BitMine Immersion Technologies Inc BMNR
41 GF Score
Price $16.93
GF Value $2.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BitMine Immersion Technologies Interest Expense?

BitMine Immersion Technologies BMNR +1.77% 41 Interest Expense is $-0.24 Mil as of May. 2026. GuruFocus rates BMNR with a GF Score™ of 41/100 and a GF Value™ of $2.00 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BitMine Immersion Technologies's interest expense for the three months ended in May. 2026 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2026 was $-0.24 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. BitMine Immersion Technologies's Operating Income for the three months ended in May. 2026 was $ -11.87 Mil. BitMine Immersion Technologies's Interest Expense for the three months ended in May. 2026 was $ 0.00 Mil. GuruFocus does not calculate BitMine Immersion Technologies's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


BitMine Immersion Technologies  (NYSE:BMNR) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BitMine Immersion Technologies's Interest Expense for the three months ended in May. 2026 was $0.00 Mil. Its Operating Income for the three months ended in May. 2026 was $-11.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2026 was $1.22 Mil.

BitMine Immersion Technologies's Interest Coverage for the quarter that ended in May. 2026 is calculated as

GuruFocus does not calculate BitMine Immersion Technologies's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's financial strength is.


BitMine Immersion Technologies Interest Expense Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies's Interest 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.

BitMine Immersion Technologies Interest Expense Chart

BitMine Immersion Technologies Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Expense
Get a 7-Day Free Trial -0.02 -0.29 -0.10 -0.27 -0.25

BitMine Immersion Technologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.04 -0.20 0.00 0.00
BMNR
41GF Score
BitMine Immersion Technologies Inc BMNR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BitMine Immersion Technologies Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.24 Mil mean?
BitMine Immersion Technologies (BMNR) has a Interest Expense of $-0.24 Mil as of May. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on BitMine Immersion Technologies and its competitors.
Is BitMine Immersion Technologies' Interest Expense too high?
BitMine Immersion Technologies' current Interest Expense is $-0.24 Mil. Overall, BitMine Immersion Technologies has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BitMine Immersion Technologies' Interest Expense compare to XP and FIGR?
BitMine Immersion Technologies' Interest Expense of $-0.24 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Capital Markets company?
A good Interest Expense depends on the Capital Markets industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on BitMine Immersion Technologies and its competitors. BitMine Immersion Technologies's current Interest Expense is $-0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitMine Immersion Technologies stock overvalued right now?
Based on GuruFocus' analysis, BitMine Immersion Technologies (BMNR) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.00, compared to a current price of $16.93 — trading 746.3% above its estimated fair value. The current Interest Expense is $-0.24 Mil. BitMine Immersion Technologies' overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For BitMine Immersion Technologies (BMNR), the current Interest Expense is $-0.24 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BitMine Immersion Technologies (BMNR) Overvalued in 2026?

Based on GuruFocus' analysis, BitMine Immersion Technologies stock appears to be overvalued. The current stock price of $16.93 is trading 746.3% above its estimated GF Value™ of $2.00. GuruFocus considers BitMine Immersion Technologies to be Significantly Overvalued.

Key valuation signals for BMNR:

  • Interest Expense: $-0.24 Mil
  • GF Value™: $2.00 vs. price of $16.93 (746.3% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the BMNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BitMine Immersion Technologies Business Description

Other Exchanges BMNR:MexicoY6G0:Germany
Address 10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
41GF Score

Get the complete analysis for BMNR

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.93
Price
$2.00
GF Value