Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) has announced the launch of its Bitcoin Treasury Advisory Practice, coinciding with a $4 million strategic transaction with a U.S. exchange-listed company. The company will provide “Mining as a Service” (MaaS) to its strategic partner, leasing 3,000 bitcoin ASIC miners for $3.2 million through December 30, 2025, with an upfront payment of $1.6 million. Additionally, Bitmine has secured an $800,000 consulting agreement for one year, focusing on bitcoin mining and treasury strategy. This marks the inaugural client for Bitmine’s advisory business, which aims to assist public companies in developing bitcoin-based revenue strategies and custody solutions. CEO Jonathan Bates noted that nearly 100 public companies currently hold bitcoin as a treasury asset, and he anticipates further growth in this sector, highlighting the increasing demand for infrastructure and expert guidance in bitcoin treasury strategies.
Bitmine Launches Bitcoin Treasury Advisory Practice With $4 Million Strategic Transaction
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