Profitelligence Profitelligence · Filing Ledger Open BMNR research →

Form 8-K · Current Report · Filed 2025-05-29

Bitmine Immersion Technologies Enters into Master Hashrate Purchase Agreement

Bitmine Immersion Technologies, Inc. entered into a Master Hashrate Purchase and Sale Agreement with Luxor Technology Corporation on May 22, 2025. The agreement involves the purchase of a daily hashrate of 90PH/s for 176 days, valued at 8.1576 bitcoin, with the Company paying $706,833 to Luxor.

Filer
BMNR BMNR
Filed
Accession
0001683168-25-004057
CIK
0001829311
Signal
Medium impact
Source
Official filing on sec.gov ↗

Items reported

Item 1.01

Entry into a Material Definitive Agreement

New Major Contract
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$9.96

Next session

+50.6%

Since filing

+73.5%

Latest close

$17.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BMNR reporting the same item, with the next session's move:

BitMine Launches Bitcoin Treasury Advisory Practice and Enters into $4M Transaction+134.4%
BitMine Immersion Technologies Announces 1-for-20 Reverse Stock Split-60.0%
BitMine Reports Significant Revenue Growth and Miner Deployment in Q1 2025+3.1%
BitMine Immersion Technologies Announces 413% Annual Sales Increase and Share Buyback Program+47.2%
Bitmine Immersion Technologies Announces Line of Credit Amendment and Issuance of Series B Convertible Preferred Stock+50.0%

Never miss another BMNR filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts