BMNR (BitMine Immersion Technologies) Research & Development : $0.00 Mil (TTM As of Nov. 2024)

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What is BitMine Immersion Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BitMine Immersion Technologies's Research & Development for the three months ended in Nov. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Nov. 2024 was $0.00 Mil.

BitMine Immersion Technologies Research & Development Historical Data

The historical data trend for BitMine Immersion Technologies's Research & Development 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 Research & Development Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

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Aug24

Research & Development

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Research & Development	Get a 7-Day Free Trial							-	-	-	-	-

BitMine Immersion Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

BitMine Immersion Technologies (OTCPK:BMNR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

BitMine Immersion Technologies Research & Development Related Terms

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BitMine Immersion Technologies Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135

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 account as well as hosting third-party Bitcoin mining servers. The Company's primary business is self-mining bitcoin for its own account, as well as hosting third-party equipment used in mining of digital asset coins and tokens, specifically bitcoin. Company's state of the art facilities will be specifically designed and constructed for housing mining equipment. The data centers will provide power, racks, proprietary thermodynamic management.