Self-mining bitcoin

Still earning revenue, but new proprietary mining investment is being wound down.

The numbers

Self-mining revenue$624,000Q3 FY2026 (three months to May 31, 2026) · source ↗

Self-mining revenue$3.1 millionFY2025 (year ended Aug 31, 2025) · Versus $3.0 million in FY2024 · source ↗

What it is

BitMine mined bitcoin with its own equipment and sites. Management has stopped making new proprietary mining investments and is moving toward services and treasury activity.↗ source

Why it matters to the stock. Self-mining was the company's largest revenue line in FY2025, but its share is falling as staking grows.

News

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