BitMine Immersion Technologies, Inc. (OTC: BMNR) is a U.S.-based blockchain and digital asset technology company, historically focused on Bitcoin mining operations, third-party equipment hosting, immersion cooling technology, and mining equipment sales. The company operated facilities in low-cost energy regions (e.g., Texas, Trinidad) and emphasized immersion-cooled mining for efficiency. In 2025, BitMine shifted strategically toward becoming a major Ethereum treasury holder, accumulating millions of ETH (reported ~3.7-4 million ETH holdings worth billions as of late 2025 announcements), while maintaining some Bitcoin mining/advisory activities. Services include consulting, treasury management, and equipment sales. As of December 22, 2025, the company is active with a public focus on Ethereum accumulation and digital asset ecosystem participation.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




May 2026 Bitcoin Mining & AI Infrastructure Update: Miner stocks explode on AI re-rating (Hut 8 +600% YOY, TeraWulf +800%, IREN surges with Nvidia 5 GW + $3B financing), MARA acquires 505 MW Ohio power plant, TeraWulf advances 285 MW Virginia project, SpaceX discloses $1.45B BTC treasury, plus DMG AI pivot progress, Soluna full ownership of 25 MW Texas site, and Jihan Wu’s solar-mining vision.


