import numpy

data = numpy.fromfile('binaryfile', dtype=numpy.uint16)

for bit in range(16):
    print('Bit', bit)
    text = numpy.empty((len(data) * 2, ), dtype=numpy.uint8)
    text[1::2] = ord('\n')
    text[0::2] = ord('0') + (data & (1 << bit) != 0)
    print(text)