Bitmine Immersion Technologies, Inc. Stock: price and insider trades · United States

BitMine Immersion Technologies, Inc. (BMNR) is a U.S.-based company listed on NYSE American in the United States, operating at the intersection of digital assets, mining infrastructure, and crypto treasury management. Its corporate history is unusual: the company traces its roots to a predecessor incorporated in Nevada in 1995 as Interactive Lighting Showrooms, Inc., later redomiciled to Delaware and eventually transformed into a blockchain and digital-asset business. Since July 2021, BitMine has been positioned around bitcoin mining infrastructure and data-center operations, with a particular emphasis on immersion cooling technology designed to improve thermal management and energy efficiency for high-density mining equipment. The company is headquartered in Las Vegas, Nevada, underscoring its U.S. operating footprint and its proximity to markets and jurisdictions friendly to crypto infrastructure development.

In its earlier phase, BitMine’s operating model centered on proprietary bitcoin mining, hosting third-party mining equipment, and, at times, selling mining hardware. SEC filings show that during 2025 management progressively refined the business model toward a more asset-light structure, reducing emphasis on traditional self-mining while expanding digital-asset ecosystem services such as consulting and advisory work. At the same time, the company shifted its treasury narrative toward Ethereum (ETH) as the primary reserve asset. In practice, BMNR has been presenting itself less as a conventional industrial miner and more as a public-market vehicle for crypto accumulation and balance-sheet management, with optionality around staking and other protocol-level yield strategies.