Las Vegas, May 19, 2025 (Globe Newswire) – Bitmin Immersion Technologies, Inc. (OTCQX: BMNRD) today announced the launch of its Bitcoin Treasury advisory practice, in parallel with a strategic transaction of $ 4 million with an American company listed in exchange. Bitmin offers “the mining as a service” or Maas, to the strategic partner and plans to offer Maas to companies that have bitcoin and wish to add revenues lengled in Bitcoin, in addition to Bitcoin, as a basic treasury outfit.
At the end of the strategic agreement, Bitmin will rent 3,000 minors Bitcoin Asic to the customer until December 30, 2025, for $ 3.2 million, with 1.6 million dollars paid in advance. The customer also hired Bitmin for a consultation agreement of $ 800,000 for a year, focused on the Bitcoin Mining-As-A-Service and Bitcoin Treasury strategy.
This marks the first customer of the new Bitmine advisory company, which supports public enterprises with Bitcoin -based income strategies, GAAP accounting information, childcare solutions and BTC / USD coverage.
“Currently, there are nearly 100 public enterprises which have adopted Bitcoin as a treasury holder. We expect this number to increase in the future. As more and more companies adopt Bitcoin cash strategies, the need for infrastructure, revenue generation and expert advice, “said Jonathan Bates, CEO of Bitmine. “This single transaction is greater than all of our income for the exercise in 2024, and we think that it is possible to acquire more customers in the near future, because the interest in Bitcoin property increases.”
About Bitmin Immersion Technologies, Inc.
Bitmin is a Bitcoin network company, emphasizing the exploitation of Bitcoin, the Bitcoin synthetic exploitation thanks to the participation in Bitcoin Mining Hashrate as a financial product, offering consultancy and extraction services to companies interested in winning income labeled in Bitcoin and a general Bitcoin opinion to public companies. Bitmin operations are located in low -cost energy regions in Trinidad; Pecos, Texas; And Silverton, Texas.
Prospective declarations:
This press release contains statements that constitute “prospective declarations”. The declarations of this press release which are not purely historical are prospective declarations which imply risks and uncertainties. This document specifically contains prospective declarations concerning the expected income of strategic transactions and future commercial opportunities. By assessing these prospective declarations, you should consider various factors, in particular: our ability to keep up with the pace of new technologies and the evolution of market needs; Our ability to finance our current activities and to have proposed future affairs; and the competitive environment of our company. Real results and results of future performance may differ significantly from those expressed in prospective declarations. Prospective declarations are subject to many conditions, many of which are out of Bitmine’s control, including those stated in the risk factors for the annual Bitmin report on Form 10-K / filed with the Securities and Exchange Commission (the “dry”) on April 3, 2025, and all the other deposits of the dry, during the dry of time. Copies of Bitmine’s deposits with the SEC are available on the SEC website at www.sec.gov/edgar/searchedgar/companysearch. Bitming does not oblige any obligation to update these declarations for revisions or modifications after the date of this version, unless the law required.
Bitmin Immersion Technologies Contact:
Jonathan Bates, Chairman and CEO
