Form 8-K · Current Report · Filed 2024-11-20
Bitmine Immersion Technologies, Inc. Completes Acquisition of 3,000 S-19j Pro Bitcoin Miners
On November 14, 2024, Bitmine Immersion Technologies, Inc.
- Filer
- BMNR BMNR
- Filed
- Accession
- 0001683168-24-008302
- CIK
- 0001829311
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Details
completed the purchase of 3,000 S-19j Pro bitcoin miners from Luxor Technology Corporation for a total price of $1,035,000. The acquisition will be financed with 90% paid immediately from the proceeds of a Master Hashrate Purchase and Sale Agreement, and the remaining 10% to be paid within 60 days from cash on hand. Bitmine plans to utilize a third party to host 2,900 miners, with the remaining 100 miners to be deployed at its Trinidad location.
Items reported
Completion of Acquisition or Disposition of Assets
Market reaction
Close before filing
$7.35
Next session
-2.0%
Since filing
+135.1%
Latest close
$17.28
What happened, not what will happen — closing prices around the filing date.
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