BitMine Immersion Technologies (NYSE: BMNR) has announced its first Bitcoin treasury purchase of 100 BTC, marking the initiation of its Bitcoin Treasury strategy. The purchase was funded using proceeds from the company's recent common stock offering that closed on June 6, 2025. BitMine, which focuses on Bitcoin accumulation through mining operations and capital raising, plans to continue making Bitcoin purchases in the future according to CEO Jonathan Bates. This strategic move represents the company's commitment to building its Bitcoin holdings as a long-term investment.
BitMine Immersion Technologies (NYSE: BMNR) ha annunciato il suo primo acquisto di Bitcoin per la tesoreria, acquistando 100 BTC, segnando l'inizio della sua strategia di tesoreria in Bitcoin. L'acquisto è stato finanziato con i proventi dell'offerta pubblica di azioni ordinarie della società, chiusa il 6 giugno 2025. BitMine, che si concentra sull'accumulo di Bitcoin attraverso operazioni di mining e raccolta di capitali, prevede di continuare ad acquistare Bitcoin in futuro, secondo il CEO Jonathan Bates. Questa mossa strategica rappresenta l'impegno dell'azienda a costruire le sue riserve di Bitcoin come investimento a lungo termine.
BitMine Immersion Technologies (NYSE: BMNR) ha anunciado su primera compra de Bitcoin para tesorería de 100 BTC, marcando el inicio de su estrategia de tesorería en Bitcoin. La compra fue financiada con los ingresos de la reciente oferta pública de acciones comunes de la empresa, que cerró el 6 de junio de 2025. BitMine, que se enfoca en la acumulación de Bitcoin a través de operaciones de minería y recaudación de capital, planea continuar realizando compras de Bitcoin en el futuro, según el CEO Jonathan Bates. Este movimiento estratégico representa el compromiso de la empresa de construir sus reservas de Bitcoin como una inversión a largo plazo.
BitMine Immersion Technologies (NYSE: BMNR)는 100 BTC의 첫 비트코인 재무 구매를 발표하며 비트코인 재무 전략을 시작했습니다. 이번 구매는 2025년 6월 6일에 마감된 회사의 최근 보통주 공모 수익금으로 자금을 조달했습니다. 채굴 운영과 자본 조달을 통해 비트코인 축적에 집중하는 BitMine은 CEO 조나단 베이츠에 따르면 앞으로도 비트코인 구매를 계속할 계획입니다. 이 전략적 조치는 장기 투자로서 비트코인 보유를 확대하려는 회사의 의지를 나타냅니다.
BitMine Immersion Technologies (NYSE : BMNR) a annoncé son premier achat de trésorerie en Bitcoin, acquérant 100 BTC, marquant ainsi le lancement de sa stratégie de trésorerie en Bitcoin. Cet achat a été financé grâce aux fonds issus de l'offre publique récente d'actions ordinaires de la société, clôturée le 6 juin 2025. BitMine, qui se concentre sur l'accumulation de Bitcoin via des opérations de minage et de levée de capitaux, prévoit de continuer à acheter des Bitcoin à l'avenir, selon le PDG Jonathan Bates. Ce mouvement stratégique témoigne de l'engagement de l'entreprise à constituer ses réserves de Bitcoin en tant qu'investissement à long terme.
BitMine Immersion Technologies (NYSE: BMNR) hat seinen ersten Bitcoin-Treasury-Kauf von 100 BTC bekannt gegeben und damit den Start seiner Bitcoin-Treasury-Strategie markiert. Der Kauf wurde mit den Erlösen aus dem kürzlich abgeschlossenen Aktienangebot des Unternehmens am 6. Juni 2025 finanziert. BitMine, das sich auf die Bitcoin-Akkumulation durch Mining und Kapitalbeschaffung konzentriert, plant laut CEO Jonathan Bates, in Zukunft weitere Bitcoin-Käufe zu tätigen. Dieser strategische Schritt zeigt das Engagement des Unternehmens, seine Bitcoin-Bestände als langfristige Investition auszubauen.
Positive
First strategic Bitcoin treasury purchase of 100 BTC demonstrates execution of company strategy
Successfully funded purchase through recent stock offering completion
Clear commitment to continued Bitcoin acquisition strategy
Negative
Use of stock offering proceeds for Bitcoin purchases may lead to shareholder dilution
Exposure to Bitcoin price volatility risk
No disclosure of purchase price or average cost basis for the Bitcoin acquisition
LAS VEGAS, June 09, 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 made a purchase of 100 Bitcoin for its Bitcoin Treasury business line. The Bitcoin were purchased from funds from BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, 2025.
Jonathan Bates, BitMine CEO, stated, “We are excited to make our first open market purchase of Bitcoin, and expect to make more Bitcoin purchases moving forward.”
About BitMine
BitMine is a Bitcoin Network Company with a focus on the accumulation of Bitcoin for long-term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding the expected use of proceeds of BitMine’s recent securities offering, the potential benefits of the expected uses of those proceeds, and future business plans. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business and proposed future business; the competitive environment of BitMine’s business; and the price and availability of Bitcoin for potential future purchases. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine's Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as any other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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