Bitmine Launches Bitcoin Treasury Consulting Service, Signs $4 Million Strategic Contract

Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) officially launched its new business line, the “Bitcoin Treasury Consulting Practice,” and announced its first strategic transaction worth $4 million with a U.S.-listed company.

According to the announcement, Bitmine will provide “Mining-as-a-Service” (MaaS) services to the strategic partner by leasing 3,000 ASIC bitcoin miners for a total contract value of $3.2 million. The transaction is valid until December 30, 2025, with an upfront payment of $1.6 million.

In addition, Bitmine has signed an independent consulting agreement worth $800,000 for a period of one year. The consulting package focuses on building a strategy for bitcoin mining and digital asset treasury management, paving the way for public companies to access a Bitcoin-based revenue model efficiently and securely.

This is the first client in Bitmine's new consulting arm, reflecting the company's expanding vision to support listed companies in implementing Bitcoin storage and revenue strategies. CEO Jonathan Bates noted that there are currently nearly 100 public companies holding Bitcoin as part of their treasury management strategy. He expects this sector to continue to grow strongly in the coming time, especially as the demand for specialized infrastructure and strategic guidance increases.

Bitmine's latest move demonstrates its ambition to move beyond the traditional mining model, aiming to become a comprehensive solution provider in the digital asset sector for large-scale businesses.