BMNRBitMine Immersion Technologies Inc.

About BitMine Immersion Technologies Inc. (BMNR)

BitMine Immersion Technologies Inc. (BMNR) is a Capital Markets company headquartered in Las Vegas, NV, United States whose shares trade over-the-counter on the OTCQX tier.

We are 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 own account as well as hosting third-party Bitcoin mining servers. Our facilities are primarily designed and constructed for housing advanced mining equipment. Our data centers contain power, racks, proprietary thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that boost performance and energy efficiency. Our data centers primarily utilize immersion cooling technology. Immersion cooling is the process of submerging computer components (or full servers) in a thermally, but not electrically, conductive liquid (dielectric coolant) allowing higher heat transfer performance than air and many other benefits. Immersion cooling can be up to 95% more efficient than standard air cooling, producing an estimated PUE (power usage effectiveness) of 1.05. This cooler environment has been shown to extend machine lives by 30% or longer.

Products and services

We are 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 own account as well as hosting third-party Bitcoin mining servers. Our facilities are primarily designed and constructed for housing advanced mining equipment. Our data centers contain power, racks, proprietary thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that boost performance and energy efficiency. Our data centers primarily utilize immersion cooling technology. Immersion cooling is the process of submerging computer components (or full servers) in a thermally, but not electrically, conductive liquid (dielectric coolant) allowing higher heat transfer performance than air and many other benefits. Immersion cooling can be up to 95% more efficient than standard air cooling, producing an estimated PUE (power usage effectiveness) of 1.05. This cooler environment has been shown to extend machine lives by 30% or longer.

BMNR key facts

Ticker symbol

BMNR

Market tier

OTCQX

Sector

Financial Services

Industry

Capital Markets

Headquarters

Las Vegas, NV, United States

Country of incorporation

US

Year of incorporation

2019

Employees

6

Estimated market cap

$15.87M (as of Apr 11, 2025)

Shares outstanding

39,667,607

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

8/31

BitMine Immersion Technologies Inc. leadership

• Jonathan Robert Bates — CEO
• Erik Nelson — President
• Ryan Adesh Ramnath — COO
• Raymond Mow — CFO
• Seth Bayles — Company Secretary

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