Bitmine Immersion Technologies material events

Bitmine Immersion Technologies BMNRAgreement

Bitmine signs a hashrate purchase agreement with Luxor

Filed May 29, 2025Original

An 8-K is the report a US listed company files within four business days of a material event.

What the company reported

  • On May 22, 2025, it signed a Master Hashrate Purchase and Sale Agreement with Luxor Technology Corporation.
  • It agreed to buy a daily hashrate of 90PH/s for 176 days, valued at 8.1576 bitcoin.
  • It paid Luxor $706,833, which is 8.1576 bitcoin less the 1.8126 bitcoin Luxor holds as margin.

Items reported

  • 1.01 Material agreement
  • 9.01 Exhibits

The company's own filing, put into Korean. The numbers are the filing's.