Saturday, October 18, 2025
No Result
View All Result
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
Crypto Marketcap
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
No Result
View All Result
Blockchain Broadcast
No Result
View All Result

BitMine Launches Bitcoin Treasury Advisory Practice, Secures $4M Deal With First Client

May 20, 2025
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


At present, BitMine Immersion Applied sciences, Inc. (OTCQX: BMNRD) introduced the launch of its Bitcoin Treasury Advisory Apply and a $4 million cope with a U.S. exchange-listed firm. The deal noticed Bitmine surpass its final yr’s complete income in that single transaction alone, based on the announcement.

BitMine will present “Mining as a Service” (MaaS) by leasing 3,000 Bitcoin ASIC miners to the shopper by way of December 30, 2025, in a $3.2 million lease deal, with $1.6 million paid upfront. Moreover, the shopper has signed an $800,000 consulting settlement for one yr specializing in Bitcoin Mining-as-a-Service and Bitcoin Treasury Technique.

“At present, there are nearly 100 public corporations which have adopted Bitcoin as a treasury holding. We anticipate this quantity to develop sooner or later. As extra corporations undertake Bitcoin treasury methods, the necessity for infrastructure, income era, and professional steerage grows together with it,” stated Jonathan Bates, CEO of BitMine. “This single transaction is larger than our complete 2024 fiscal yr income, and we really feel there is a chance to accumulate extra purchasers within the close to future as curiosity in Bitcoin possession grows.”

BitMine’s first quarter 2025 outcomes confirmed robust income progress, with GAAP income rising roughly 135% to $1.2 million, up from $511,000 in Q1 2024, supported by an expanded mining capability of 4,640 miners as of November 30, 2024, in comparison with 1,606 the earlier yr. Regardless of this progress, the corporate reported a internet lack of $3.9 million in Q1 2025, primarily resulting from a one-time, non-cash accounting adjustment associated to most popular inventory; excluding this cost, the adjusted loss was roughly $975,000, in line with the prior yr’s outcomes.

BitMine’s new Bitcoin Treasury Advisory Apply, together with the $4 million deal, joins a pattern amongst public corporations exploring Bitcoin not simply as a treasury asset but in addition as a income. 



Source link

Tags: AdvisoryBitcoinBitMineClientdealLaunchesPracticeSecuresTreasury
Previous Post

Town Star Unveils Special NFT Discounts for May 2025

Next Post

SEC delays decision on Bitwise, 21Shares Solana ETF applications, opens public consultation

Related Posts

Why This Expert Sees Bittensor (TAO) Hitting Trillion-Dollar Valuation In The Next 10 Years
Bitcoin

Why This Expert Sees Bittensor (TAO) Hitting Trillion-Dollar Valuation In The Next 10 Years

October 18, 2025
XRP Stalls Below Key Resistance, But Setup Aligns For An Elliott Wave Finish
Bitcoin

XRP Stalls Below Key Resistance, But Setup Aligns For An Elliott Wave Finish

October 18, 2025
Every Penny Gone: Retired Therapist’s Portfolio Wiped out in Crypto Trap
Bitcoin

Every Penny Gone: Retired Therapist’s Portfolio Wiped out in Crypto Trap

October 18, 2025
Bitcoin Mining Stocks Outperform Bitcoin And Corporate Treasuries In Latest Market Rally
Bitcoin

Bitcoin Mining Stocks Outperform Bitcoin And Corporate Treasuries In Latest Market Rally

October 18, 2025
Ripple Just Embedded XRP Into The World’s Treasury Plumbing
Bitcoin

Ripple Just Embedded XRP Into The World’s Treasury Plumbing

October 17, 2025
DOGE Price Breaks Key Support: Is Alt Run No More?
Bitcoin

DOGE Price Breaks Key Support: Is Alt Run No More?

October 17, 2025
Next Post
SEC delays decision on Bitwise, 21Shares Solana ETF applications, opens public consultation

SEC delays decision on Bitwise, 21Shares Solana ETF applications, opens public consultation

XRP Explodes Into Institutional Trading With CME’s Futures Launch

XRP Explodes Into Institutional Trading With CME’s Futures Launch

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Youtube RSS
Blockchain Broadcast

Blockchain Broadcast delivers the latest cryptocurrency news, expert analysis, and in-depth articles. Stay updated on blockchain trends, market insights, and industry innovations with us.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3
No Result
View All Result

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$107,050.000.49%
  • ethereumEthereum(ETH)$3,891.361.68%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$1,102.103.26%
  • rippleXRP(XRP)$2.373.09%
  • solanaSolana(SOL)$186.202.29%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$3,889.531.74%
  • tronTRON(TRX)$0.3142682.05%
  • dogecoinDogecoin(DOGE)$0.1894282.88%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.