BitMine Launches Bitcoin Treasury Advisory Practice and Secures $4M Deal with First Client

Today, BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) announced the launch of its Bitcoin Treasury Advisory Practice and a $4 million deal with a U.S. exchange-listed company.

Today, BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) announced the launch of its Bitcoin Treasury Advisory Practice and a $4 million deal with a U.S. exchange-listed company. This deal saw Bitmine surpass its last year’s total revenue in that single transaction, according to the announcement.

"This single transaction is greater than our entire 2024 fiscal year revenue, and we feel there is an opportunity to acquire more clients in the near future as interest in Bitcoin ownership grows," said Jonathan Bates, CEO of BitMine. "We are able to provide unique capabilities and offerings to our clients, which is evident in the scope of this engagement."

This deal will see BitMine providing “Mining as a Service” (MaaS) by leasing 3,000 Bitcoin ASIC miners to the client through December 30, 2025, in a $3.2 million lease transaction, with $1.6 million paid on the closing date and the remaining $1.6 million to be paid in December 2025. Additionally, the client has signed an $800,000 consulting agreement with BitMine for one year focusing on Bitcoin Mining-as-a-Service and Bitcoin Treasury Strategy.

“Currently, there are almost 100 public companies that have adopted Bitcoin as a treasury holding. We expect this number to grow in the future. As more companies adopt Bitcoin treasury strategies, the need for infrastructure, revenue generation and expert guidance grows along with it,” added Bates.

Earlier this year, BitMine reported its first quarter 2025 results, which showed strong revenue growth. The company's adjusted net loss for the quarter was also in line with the prior year’s results.

BitMine ( OTCQX: $BMNRD $BMNR ) launches Bitcoin Treasury Advisory Practice and secures $4M deal with first client. This single transaction exceeds our 2024 revenue and sets the stage for major growth. Read now: https://t.co/R89K3WXdZZ pic.twitter.com/5vIvlYPZUY

The new Bitcoin Treasury Advisory Practice will offer a unique service to public companies interested in adopting a Bitcoin treasury strategy. The service will be fully modular and scalable to meet the specific needs of each client.

This new initiative follows a broader trend of public companies venturing into the cryptocurrency sphere. In a recent development, Coinbase (NASDAQ:COIN) has reportedly been engaging with several large-cap companies on exploring bitcoin mining and related revenue opportunities.