boston127
6 hours ago
Nothing but excellent news here today.
Crypto Miner (OTCQX:BMNR) Sees 413% Revenue Growth On Strong Bitcoin Mining OperationsBy: Tomas Ronolski - AllPennyStocks.com News
Monday, December 9, 2024
- Cryptocurrencies continue to mint new millionaires, individuals and businesses.
-The allure of the digital gold is high, and animal spirits are back in the market, setting up a strong backdrop for continued upside in the cryptocurrency space.
- Earlier today, Bitmine Immersion Technologies, Inc. a blockchain technology firm specializing in immersion-cooled bitcoin mining, announced annual results and achievements for the fiscal year ended August 31, 2024 along with other important corporate developments.
- Looking at the latest financials, the company reported a 413% year-over-year increase in total annual revenue, driven mainly by gains in self-mining.
- Bitmine's bitcoin self-mining operations achieved annualized revenue of $3.03M, indicating a 679% year-over-year increase in self-mining.
- In separate news, BMNR’s Board also approved the repurchase of up to $250,000 of the Company’s common stock through December 31, 2025.
INXS
2 years ago
Big news this morning, BMNR gonna be a big boy.
BitMine Immersion Technologies, Inc. (OTC PINK:BMNR) ("BitMine," the "Company"), a technology company specializing in immersion technology for Bitcoin mining, announces the signing of a Letter of Intent to lease a property in West Texas that can accommodate up to 20 Megawatts of immersion datacenter equipment. The lease period will last up to 10 years, inclusive of several lease extension options. Fully deployed, the site can run almost 5,000 miners and produce hashing power of almost 600 Petahash of hashing power. A binding lease agreement is subject to due diligence which is expected to take 3-4 weeks, and the negotiation of a mutually acceptable lease agreement.
today32
3 years ago
SSHI: BitMine Immersion Technologies Inc - Bitcoin Mining/Hosting
From the most recent 8k: https://www.sec.gov/Archives/edgar/data/1829311/000106594921000117/sshi8kjuly272021.htm
"... business of creating a hosting center for Bitcoin mining computers primarily utilizing immersion cooling technology, as well mining the Bitcoin digital currency for its own account."
Company Directors:
Jonathan Bates is a former Managing Director at J.P. Morgan Securities, and with more than 25 years of financial industry experience, Jonathan has spent his career analyzing the interrelations of a vast number of different markets. His deep understanding of institutional trading environments and multi-asset portfolios is a critical resource to the operations he oversees. Mr Bates graduated from the University of Texas at Austin in 1992 with a degree in Business Finance.
Michael Maloney is the Chief Financial Officer of Coinmint. Mr. Maloney also serves as an Adjunct Professor at Fordham Law School teaching Bitcoin and Digital Asset Regulation. In 2017, Mr. Maloney helped co-found Galaxy Digital the first merchant bank to serve the blockchain space. Previously, Mr. Maloney was founding member of Ernst & Young’s (EY) Distributed Ledger Technology group.
Raymond Mow has over 28 years of financial industry experience, most recently as Managing Director of Fixed Income at First Foundation Advisers overseeing $2.3 billion. As a member of the investment policy committee, Raymond collaborated on asset allocation policy and portfolio construction. Previously, Mr. Mow was Senior Portfolio Manager at Highmark Capital Management, overseeing $2 billion.
Seth Bayles is a Corporate Attorney with over 15 years of experience practicing in the areas of entertainment, finance, technology, and commercial contracts. He has negotiated and drafted complex commercial agreements including multimedia, vendor, union, talent, channel, and technology-related agreements. He has his B.A. in Economics and History from Brandeis University, and a J.D. from the Emory University School of Law, and an L.L.M. from the Georgetown University Law Center.
ALERTS100%to10000%GAIN
4 years ago
RESS ..0237, just spoke on the phone with MR ERIK S.NELSON updates will follow on OTC, and look at the CEO with what people in charge ,HUGE BABY Erik S. Nelson: Personal Network
Name Linked companies
David L. Kugelman Nocera, Inc.
Yin Chieh Cheng Nocera, Inc.
Shun-Chih Chuang Nocera, Inc.
Yu-Lung Kou Nocera, Inc.
Thomas A. Steele Nocera, Inc.
HuiYing Zhuang Nocera, Inc.
Hsien-Wen Yu Nocera, Inc.
https://www.marketscreener.com/business-leaders/Erik-Nelson-0043CR-E/biography/