Bitmine Immersion Technologies BMNRAcquisition
Bitmine completes its acquisition of Australian Ethereum staking firm Pier Two
Filed Mar 30, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On March 24, 2026 Bitmine, through its subsidiary, bought all issued shares of Australia's Pier Two Holdings.
- Pier Two provides infrastructure for non-custodial Ethereum staking and validator operations.
- Consideration includes cash at closing and 501,545 common shares at $20.9346 per share, totaling $10,500,000.
- It also includes deferred consideration of $14,000,000 and potential earnout consideration of up to $11,801,000.
Items reported
- 1.01 Material agreement
- 2.01 Acquisition or sale completed
- 3.02 Unregistered share sale
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.