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BitMine Immersion Technologies ( (BMNRD) ) has shared an update.
On May 16, 2025, BitMine Immersion Technologies entered into agreements with KULR Technology Group for leasing 3,000 ASIC miners and providing consulting services, marking a $4 million transaction. This strategic move, announced on May 19, 2025, signifies BitMine’s launch of its Bitcoin Treasury Advisory Practice, aiming to support public companies with Bitcoin-based revenue strategies and expand its client base in the growing Bitcoin treasury market.
More about BitMine Immersion Technologies
BitMine Immersion Technologies, Inc. is a Bitcoin Network Company focused on Bitcoin mining and synthetic Bitcoin mining through financial products. It offers advisory and mining services to companies interested in earning Bitcoin-denominated revenues and provides general Bitcoin advisory to public companies. The company operates in low-cost energy regions in Trinidad, Pecos, Texas, and Silverton, Texas.
Average Trading Volume: 422
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.35M
Find detailed analytics on BMNRD stock on TipRanks’ Stock Analysis page.