Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. The company is headquartered in Las Vegas, Nevada and currently employs 7 full-time employees. The company went IPO on 2021-05-26. The firm operates in the cryptocurrency mining industry. Its business includes industrial scale digital asset mining, equipment sales and hosting operations. The company is engaged in self-mining bitcoin for its own account, as well as hosting third party equipment used in mining of digital asset coins and tokens, specifically bitcoin. The company conducts digital asset mining operations using specialized computers equipped with application-specific integrated circuit chips. Its data centers provide power, racks, thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that improves performance and energy efficiency.
Follow-Up Questions
Who is the CEO of Bitmine Immersion Technologies Inc?
Mr. Jonathan Bates is the Chief Executive Officer of Bitmine Immersion Technologies Inc, joining the firm since 2021.
What is the price performance of BMNR stock?
The current price of BMNR is $41.24, it has decreased 3.76% in the last trading day.
What are the primary business themes or industries for Bitmine Immersion Technologies Inc?
Bitmine Immersion Technologies Inc belongs to Technology industry and the sector is Information Technology
What is Bitmine Immersion Technologies Inc market cap?
Bitmine Immersion Technologies Inc's current market cap is $11.7B
Is Bitmine Immersion Technologies Inc a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Bitmine Immersion Technologies Inc, including 2 strong buy, 4 buy, 1 hold, 0 sell, and 2 strong sell
