BitMine Immersion Technologies
New York, New York, United States · Cryptocurrency, Finance, Financial Services
BitMine Immersion Technologies specializes in cryptocurrency investments and infrastructure. The company has recently ramped up its acquisition of Ethereum despite facing significant unrealized losses. It aims to establish a leading reserve in the digital asset sector. BitMine is also developing its own staking platform to enhance shareholder value.
Key facts
- Headquarters
- New York, New York, United States
- Employees
- 3
- Industries
- Cryptocurrency, Finance, Financial Services
- Status
- Public (BMNR)
- Website
- bitmine.ai
- Company page
Recent activity at BitMine Immersion Technologies
- : SEC 8-K (7.01): On October 12, 2026, Bitmine Immersion Technologies, Inc. issued a press release updating its operations. This disclosure is significant as it may inform investors and stakeholders about the current status and direction of the Company's activities. While the press release details were not specified in the filing, such updates can impact investor sentiment and market perception. The filing does not consider this information as 'filed' under the Exchange Act, indicating a caution in the dissemination of this information. The filing date is October 13, 2026, and the press release was made public the day before.
- : SEC 8-K (7.01): On October 7, 2026, Bitmine Immersion Technologies, Inc. published a presentation at the Token2049 Global Conference in Singapore, delivered by Tom Lee, the Executive Chairman of the Board. This presentation is aimed at highlighting the company's strategic initiatives and advancements in the blockchain sector. Alongside the presentation, a video of the session was released, accompanied by a transcript, emphasizing the company’s ongoing efforts to enhance investor relations and market presence. The event signifies an essential opportunity for the company to engage with industry leaders and stakeholders in the blockchain domain.
- : SEC 8-K (7.01): On October 5, 2026, Bitmine Immersion Technologies, Inc. issued a press release providing an operational update. This disclosure is part of Regulation FD, ensuring that all investors have equal access to material information about the company. The information provided in the press release is not deemed as 'filed' for the purposes of the Securities Exchange Act, meaning it is supplementary and not subject to liability under that section. The press release is attached as Exhibit 99.1, indicating its significance in guiding investors about the current status of the company's operations.
- : SEC 8-K (7.01): On September 30, 2026, Bitmine Immersion Technologies, Inc. published a presentation given by Tom Lee, the Executive Chairman of the Board of Directors, at Korea Blockchain Week in Seoul, South Korea. This event was part of the company's efforts to engage with the blockchain community and share insights about its developments. The presentation is attached as Exhibit 99.1 and highlights key strategies and future directions for the company, reflecting its commitment to innovation in blockchain technology. The information shared holds significance for investors and stakeholders in understanding the company’s strategic initiatives and market positioning.
- : SEC 8-K (7.01): On September 28, 2026, Bitmine Immersion Technologies, Inc. issued a press release announcing an update on the Company's operations. The press release provides significant insights into recent developments within the company, although specific details regarding the nature of the operational update are not outlined in the filing. The disclosure is relevant for investors seeking current information about the company's performance and strategic direction. The Company explicitly states that the information shall not be deemed filed for purposes of the Exchange Act, maintaining a clear boundary regarding its liabilities under securities law.
- : SEC 8-K (7.01): On September 21, 2026, Bitmine Immersion Technologies, Inc. issued a press release providing an update on the Company's operations, highlighting recent progress and developments. The press release is included as Exhibit 99.1. This disclosure may influence investor sentiment and provides key stakeholders with information about the operational status and strategic initiatives of the Company, significant considering it falls within an active reporting period.
- : SEC 8-K (7.01): On September 14, 2026, Bitmine Immersion Technologies, Inc. issued a press release detailing updates on its operations. This disclosure provides key insights into the company's recent activities and strategies, emphasizing their commitment to transparency and communication with stakeholders. While specific financial details or operational metrics were not included in the text provided, the timing of the release is crucial for investors and analysts monitoring the company's performance. As a Regulation FD Disclosure, this announcement ensures that all investors receive the same information at the same time, adhering to SEC requirements.
- : SEC 8-K (1.02): On September 4, 2026, BMNR Subsidiary One, LLC, a subsidiary of Bitmine Immersion Technologies, Inc., terminated its Management Services Agreement (MSA) with Ethereum Tower LLC, originally dated March 24, 2026. This agreement was related to strategic planning and operational management for Ethereum staking operations. The termination was effective as of September 3, 2026, and no material penalties were incurred. Following the termination, the Company Subsidiary entered into a new services agreement with American Validator LLC, effective September 4, 2026, for advisory services and a fee of 1.50% of staking rewards. This change aims to streamline operations and potentially enhance profitability in staking activities.
- : SEC 8-K (7.01): On August 31, 2026, Bitmine Immersion Technologies, Inc. issued a press release providing updates on its operations. This communication outlines the current state and developments within the company, potentially impacting its portfolio and strategic direction. The filing does not detail specific financial metrics or operational changes but emphasizes ongoing efforts to enhance company performance. The content of the press release, provided in Exhibit 99.1, may contain relevant information for investors and stakeholders regarding future prospects.
- : SEC 8-K (7.01): On August 24, 2026, Bitmine Immersion Technologies, Inc. issued a press release providing updates on its operations. The announcement outlines key developments and operational insights that may impact the company’s strategic direction and performance. The contents of the press release are included as Exhibit 99.1 with the filing, shedding light on recent initiatives and future plans for growth. This disclosure is intended to keep shareholders informed about significant operational progress and infrastructure developments within the company.
BitMine Immersion Technologies funding history
| Date | Round | Amount |
|---|---|---|
| Jun 2026 | Series A | $300.0M |
| Jul 2025 | Venture | $212.9M |
| Jul 2025 | Venture | $39.6M |
| Jul 2025 | Post-IPO Equity | $250.0M |
| May 2025 | Venture | $5.2M |
Leadership
- Mitchell Kim, Controller and Director of Financial Reporting
- Samuel Jorgensen, Director of Mining Operations
- Samuel Jorgensen, Director of Mining Operations
- Samuel Jorgensen, Director of Mining Operations
- Samuel Jorgensen, Director of Mining Operations
- Erik Nelson, Executive Officer, Director
- Chi Tsang, Chief Executive Officer
- Juan, Chief Financial Officer and Chief Operating Officer
- Erik Nelson, Executive Officer
- Chi Tsang, Chief Executive Officer
- Samuel Jorgensen, Director
Verified email and direct lines for BitMine Immersion Technologies’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
BitMine Immersion Technologies in the news
- Bitmine Immersion Technologies (BMNR) Stock May Still Be A Bargain Despite AI Crypto Focus - Yahoo Finance (Oct 10, 2026)
- Bitmine Immersion Technologies (BMNR) Stock May Stay Reasonable As AI Crypto Interest Grows - Simply Wall Street (Oct 11, 2026)
- Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.98 Million Tokens, and Total Crypto and Total Cash Holdings of $17.1 Billion - PR Newswire (Sep 21, 2026)
- Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.8 Million Tokens, and Total Crypto and Total Cash Holdings of $11.3 Billion | Corporate - EQS News (Aug 03, 2026)
- Is Bitmine Immersion Technologies (BMNR) Undervalued As Its Crypto Portfolio Reaches $14.9b? - Yahoo Finance (Aug 24, 2026)
- Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.82 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 Billion - TradingView (Aug 17, 2026)
- Bitmine Says Ethereum Could Protect Humans as AI Gains Power - Stock Titan (Jul 16, 2026)
- Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.96 Million Tokens, and Total Crypto and Total Cash Holdings of $15.8 Billion - PR Newswire (Sep 14, 2026)
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About BitMine Immersion Technologies: questions and answers
What does BitMine Immersion Technologies do?
BitMine Immersion Technologies specializes in cryptocurrency investments and infrastructure. The company has recently ramped up its acquisition of Ethereum despite facing significant unrealized losses. It aims to establish a leading reserve in the digital asset sector. BitMine is also developing its own staking platform to enhance shareholder value.
Where is BitMine Immersion Technologies headquartered?
BitMine Immersion Technologies is headquartered in New York, New York, United States.
How many employees does BitMine Immersion Technologies have?
BitMine Immersion Technologies has about 3 employees.
Has BitMine Immersion Technologies raised funding?
Yes. Fundz has recorded 5 funding events for BitMine Immersion Technologies. The most recent, Series A of $300.0M, was in Jun 2026.
Who leads BitMine Immersion Technologies?
Chi Tsang is a Chief Executive Officer at BitMine Immersion Technologies.
What is the latest news on BitMine Immersion Technologies?
On Oct 12, 2026, SEC 8-K (7.01): On October 12, 2026, Bitmine Immersion Technologies, Inc. issued a press release updating its operations. This disclosure is significant as it may inform investors and stakeholders about the current status and direction of the Company's activities. While the press release details wer
Is BitMine Immersion Technologies a public company?
Yes. BitMine Immersion Technologies is publicly traded under the ticker BMNR.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy