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Side-by-side financial comparison of AIxCrypto Holdings, Inc. (AIXC) and BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR). Click either name above to swap in a different company.

AIxCrypto Holdings, Inc. runs the higher net margin — 1488.6% vs -226955.7%, a 228444.3% gap on every dollar of revenue. On growth, BITMINE IMMERSION TECHNOLOGIES, INC. posted the faster year-over-year revenue change (90.9% vs -108.5%).

Bitmine Immersion Technologies is a tech firm focused on developing and providing professional immersion cooling solutions for high-performance computing scenarios, including cryptocurrency mining rig clusters and data center infrastructure. Its products boost hardware operating efficiency, cut energy consumption for heat control, extend high-power computing equipment lifespan, and help clients reduce long-term operational costs.

AIXC vs BMNR — Head-to-Head

Bigger by revenue
BMNR
BMNR
-16.8× larger
BMNR
$2.3M
$-136.6K
AIXC
Growing faster (revenue YoY)
BMNR
BMNR
+199.4% gap
BMNR
90.9%
-108.5%
AIXC
Higher net margin
AIXC
AIXC
228444.3% more per $
AIXC
1488.6%
-226955.7%
BMNR

Income Statement — Q1 2024 vs Q1 2026

Metric
AIXC
AIXC
BMNR
BMNR
Revenue
$-136.6K
$2.3M
Net Profit
$-2.0M
$-5.2B
Gross Margin
55.3%
Operating Margin
1041.1%
-238564.8%
Net Margin
1488.6%
-226955.7%
Revenue YoY
-108.5%
90.9%
Net Profit YoY
47.1%
-533796.8%
EPS (diluted)
$-17.60
$-15.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXC
AIXC
BMNR
BMNR
Q4 25
$2.3M
Q1 24
$-136.6K
Q4 22
$1.4M
Q3 22
$1.4M
Q2 22
$1.4M
Q1 22
$722.0K
Net Profit
AIXC
AIXC
BMNR
BMNR
Q4 25
$-5.2B
Q1 24
$-2.0M
Q4 22
$-6.4M
Q3 22
$-3.8M
Q2 22
$-4.1M
Q1 22
$-4.3M
Gross Margin
AIXC
AIXC
BMNR
BMNR
Q4 25
55.3%
Q1 24
Q4 22
Q3 22
93.7%
Q2 22
95.0%
Q1 22
94.6%
Operating Margin
AIXC
AIXC
BMNR
BMNR
Q4 25
-238564.8%
Q1 24
1041.1%
Q4 22
-154.0%
Q3 22
-240.8%
Q2 22
-289.5%
Q1 22
-693.7%
Net Margin
AIXC
AIXC
BMNR
BMNR
Q4 25
-226955.7%
Q1 24
1488.6%
Q4 22
-458.5%
Q3 22
-265.4%
Q2 22
-288.2%
Q1 22
-598.3%
EPS (diluted)
AIXC
AIXC
BMNR
BMNR
Q4 25
$-15.98
Q1 24
$-17.60
Q4 22
Q3 22
Q2 22
$-1.12
Q1 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXC
AIXC
BMNR
BMNR
Cash + ST InvestmentsLiquidity on hand
$887.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.5M
$11.3B
Total Assets
$1.0M
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXC
AIXC
BMNR
BMNR
Q4 25
$887.7M
Q1 24
Q4 22
Q3 22
Q2 22
Q1 22
Stockholders' Equity
AIXC
AIXC
BMNR
BMNR
Q4 25
$11.3B
Q1 24
$-3.5M
Q4 22
$7.2M
Q3 22
$12.2M
Q2 22
$14.5M
Q1 22
$13.5M
Total Assets
AIXC
AIXC
BMNR
BMNR
Q4 25
$11.5B
Q1 24
$1.0M
Q4 22
$19.1M
Q3 22
$23.0M
Q2 22
$26.3M
Q1 22
$18.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXC
AIXC
BMNR
BMNR
Operating Cash FlowLast quarter
$-783.6K
$-228.4M
Free Cash FlowOCF − Capex
$-228.7M
FCF MarginFCF / Revenue
-9975.2%
Capex IntensityCapex / Revenue
16.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXC
AIXC
BMNR
BMNR
Q4 25
$-228.4M
Q1 24
$-783.6K
Q4 22
$-2.2M
Q3 22
$-3.2M
Q2 22
$-3.9M
Q1 22
$-3.9M
Free Cash Flow
AIXC
AIXC
BMNR
BMNR
Q4 25
$-228.7M
Q1 24
Q4 22
$-2.3M
Q3 22
$-3.2M
Q2 22
$-4.0M
Q1 22
$-3.9M
FCF Margin
AIXC
AIXC
BMNR
BMNR
Q4 25
-9975.2%
Q1 24
Q4 22
-167.5%
Q3 22
-221.6%
Q2 22
-276.8%
Q1 22
-544.5%
Capex Intensity
AIXC
AIXC
BMNR
BMNR
Q4 25
16.4%
Q1 24
Q4 22
6.5%
Q3 22
0.8%
Q2 22
1.0%
Q1 22
6.9%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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