BMNR
BitMine Immersion Technologies, Inc.BMNR
BMNR
About: 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.
Employees: 7
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Funds holding %
of 7,302 funds
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Analysts bullish %
Fund manager confidence
Research analyst outlook
We haven’t received any recent analyst ratings for BMNR.
Financial journalist opinion
Based on 3 articles about BMNR published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
BitMine Immersion Technologies, Inc. Completes Bitcoin Purchases from Proceeds of Offering, Now Owns 154.167 Total BTC
LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has completed all purchases of Bitcoin for its treasury from the proceeds of BitMine's recent offering of shares of common stock, which closed on Friday, June 6, 2025 The net proceeds to the Company from the offering after deducting fees and expenses was approximately $16.340 million, and the Company spent $16.347 million to buy 154.167 Bitcoin at an average price of $106,033. Jonathan Bates, BitMine CEO, stated, “We are very excited to establish our Bitcoin Treasury and fulfill our commitment to invest 100% of the transaction proceeds into Bitcoin.
Neutral
Accesswire
2 weeks ago
BitMine Immersion Technologies, Inc. Announces Closing of $18 Million Public Offering and Uplisting to NYSE American
LAS VEGAS, NV / ACCESS Newswire / June 6, 2025 / BitMine Immersion Technologies, Inc. ("BitMine" and the "Company") (NYSE American:BMNR), a technology company focused on the accumulation of bitcoin for long-term investment, whether acquired by their bitcoin mining operations or from the proceeds of capital raising transactions, today announced the closing of its underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $8.00 per share, for gross proceeds of $18 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 337,500 shares of common stock to cover over-allotments, if any.
Neutral
GlobeNewsWire
2 weeks ago
BitMine Immersion Technologies, Inc. Announces $18 Million Public Offering and Uplisting to NYSE American
NYSE: BMNR announced the pricing of an underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $8.00 per share
Neutral
GlobeNewsWire
1 month ago
BitMine Launches Bitcoin Treasury Advisory Practice and Enters into $4M Transaction with First BTC Treasury Advisory Client
OTCQX:BMNRD announced launch of its Bitcoin Treasury Advisory Practice, alongside a $4 million strategic transaction with a U.S. exchange-listed company
Neutral
Accesswire
1 month ago
BitMine Immersion Technologies, Inc. Announces Reverse Stock Split
LAS VEGAS, NV / ACCESS Newswire / May 16, 2025 / BitMine Immersion Technologies, Inc. ("BitMine" or the "Company") (OTCQX:BMNR) is pleased to announce a 1 for 20 reverse split of its common stock. The reverse split will be effective Friday May 16, 2025 at 9:00 a.m.
Neutral
Business Wire
2 months ago
Soluna and Luxor Announce Turnkey Mining Success With BitMine
ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today the release of a case study highlighting the success of its strategic partnership with Luxor Technology Corporation (“Luxor”) and BitMine Immersion Technologies (“BitMine”) (OTCQX: BMNR). The study, titled “Scaling Hashrate, Simplified: The Turnkey Mining Model That Delivered for BitMine” showcas.
Neutral
Accesswire
6 months ago
BitMine Immersion Technologies Reports Annual Sales Increase of 413%
Announces Share Buyback Program LAS VEGAS, NV / ACCESSWIRE / December 9, 2024 / Bitmine Immersion Technologies, Inc. (OTCQX:BMNR) ("Bitmine" or "the Company"), a leading blockchain technology firm specializing in immersion-cooled bitcoin mining, today announced annual results and achievements for the fiscal year ended August 31, 2024 summarized in key metrics below. BitMine continues to expand its operational footprint and is currently deploying 3000 recently purchased ASICs to its existing fleet of approximately 1,640 units.
Neutral
Accesswire
11 months ago
BitMine Immersion Technologies, Inc. Comments on 2024 Third Quarter Results
ATLANTA, GA / ACCESSWIRE / July 16, 2024 / BitMine Immersion Technologies, Inc. ("BitMine" or "the Company") (OTCQX:BMNR) is pleased to announce that it reported revenues of $1.225 million and $2,628 million in the three and nine months ended May 31, 2024, respectively, as compared to revenues of $142,126 and $399,932 in the three and nine months ended May 31, 2023, respectively. Revenues in the three months ended May 31, 2024 represented a 37% increase from the previous quarter and an 862% increase from the revenues in the same period of the previous year.
Neutral
Accesswire
1 year ago
BitMine Immersion Technologies, Inc. Chairman and CEO Issues Open Letter to Shareholders
ATLANTA, GA / ACCESSWIRE / April 16, 2024 / BitMine Immersion Technologies, Inc. ("BitMine" or "the Company") (OTCQX:BMNR) announces an open letter to the shareholders from Chairman and CEO, Jonathan Bates. Dear BitMine Shareholders, I wanted to take this opportunity to highlight the company progress and achievements and discuss our quarterly results which were released yesterday.
Neutral
Accesswire
1 year ago
BitMine Immersion Technologies, Inc. Announces Innovative Mining Revenue Initiative with Luxor Technology Corporation
ATLANTA, GA / ACCESSWIRE / March 14, 2024 / BitMine Immersion Technologies, Inc. ("BitMine" or "the Company") (OTCQX:BMNR) announces that it has entered into a mining computer lease agreement with Luxor Technology Corporation, one of the top Bitcoin service providers and ASIC brokers in the US. In what is believed to be the first of its kind transaction by a public bitcoin miner, BitMine is leasing almost 800 Antminer S-19's from Luxor in a short-term lease, which expires at the Bitcoin halving next month, expected on or about April 19th.
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