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BitMine - Private
Overview
Funding Date
June 30, 2025
Financing amount
$250M
Valuation
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Category
Subcategory
About BitMine - Private
BitMine Immersion Technologies has secured a $250 million via a private placement of shares and plans to use the funds to launch an ether (ETH) treasury. The financing was led by MOZAYYX and included investors such as Founders Fund, Pantera Capital, Kraken, Galaxy Digital, and Republic, with Cantor Fitzgerald and ThinkEquity advising on the deal. BitMine also added Fundstrat crytpo bull Thomas Lee as its Chairman.
Company Profile / Project Introduction
BitMine is a Bitcoin Mining Company, with a focus on Bitcoin , Synthetic Bitcoin Mining through involvement in Bitcoin mining hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.