Bitmine Immersion Technologies, Inc. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was USD 0.871142 million compared to USD 0.104526 million a year ago. Revenue was USD 0.891613 million compared to USD 0.15609 million a year ago. Net loss was USD 0.902682 million compared to USD 0.307407 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the six months, sales was USD 1.21 million compared to USD 0.133443 million a year ago. Revenue was USD 1.4 million compared to USD 0.257807 million a year ago. Net loss was USD 1.83 million compared to USD 0.778071 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.