Compare
Bitmine Immersion Technologies, Inc. vs MARA Holdings, Inc. vs Burford Capital Ltd vs Terawulf Inc.
| Latest fiscal year | Bitmine Immersion Technologies, Inc. BMNRRevenue covers only part of its income (partial revenue) | MARA Holdings, Inc. MARA | Burford Capital Ltd BUR | Terawulf Inc. WULF |
|---|---|---|---|---|
| Year ended | 2025-08-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | n/a | $907.09M | $413.36M | $168.46M |
| Revenue growth (YoY) | n/a | +38.2% | -24.3% | +20.3% |
| Gross margin | n/a | n/a | n/a | 39.2% |
| Operating margin | n/a | -135.0% | 56.2% | -110.5% |
| Net margin | n/a | -144.6% | 15.1% | -392.6% |
| Net income | $348.58M | -$1.31B | $62.57M | -$661.42M |
| EPS (Diluted) | $13.39 | -$3.69 | $0.28 | -$1.66 |
| Operating cash flow | -$4.15M | -$802.73M | -$29.01M | -$123.18M |
| Free cash flow | -$5.21M | -$1.21B | -$29.30M | -$1.18B |
| Cash & equivalents | $512.00M | $547.13M | $566.44M | $3.27B |
| Total assets | $8.80B | $7.29B | $6.64B | $6.56B |
| Total liabilities | $102.26M | n/a | $3.51B | $6.42B |
| Shareholders' equity | $8.69B | $3.47B | $3.13B | $140.44M |
| Return on year-end equity | 4.0% | -37.8% | 2.0% | -470.9% |
| Shares outstanding | n/a | 379.46M | 218.90M | 420.07M |
Revenue, most recent five fiscal years
| Fiscal year | Bitmine Immersion Technologies, Inc. | MARA Holdings, Inc. | Burford Capital Ltd | Terawulf Inc. |
|---|---|---|---|---|
| Latest | n/a | $907.09M Ended 2025-12-31 | $413.36M Ended 2025-12-31 | $168.46M Ended 2025-12-31 |
| 1 year earlier | n/a | $656.38M Ended 2024-12-31 | $546.09M Ended 2024-12-31 | $140.05M Ended 2024-12-31 |
| 2 years earlier | n/a | $387.51M Ended 2023-12-31 | $1.09B Ended 2023-12-31 | $69.23M Ended 2023-12-31 |
| 3 years earlier | n/a | $117.75M Ended 2022-12-31 | $319.23M Ended 2022-12-31 | $15.03M Ended 2022-12-31 |
| 4 years earlier | n/a | $159.16M Ended 2021-12-31 | $217.33M Ended 2021-12-31 | n/a |