About BitMine
BitMine is a publicly listed company based in Atlanta (United States) founded in 2021. Bitcoin mining and hosting services are operated by BitMine. It operates in the Technology and Financial Services sectors. BitMine has raised $258.26 million across 4 funding rounds. Its website bitminetech.io draws about 85 thousand monthly visits. BitMine offers products and services including Immersion Cooling Technology and Data Center Hosting. Its focus areas include FinTech, Cryptocurrencies, Mining and Hardware. Its competitors include Rhodium Enterprises, Lonestar Dream and BiXBiT; 1 of its 3 listed competitors has raised funding.
Company details
BitMine was founded in 2021 and is based in Atlanta, United States. Operations focus on the cryptocurrency sector, where Bitcoin mining hardware is managed and hosted for clients. Services include secure mining facilities and infrastructure support, enabling efficient resource utilization in the blockchain industry. The platform handles technical aspects such as power management and maintenance to support mining activities across various scales.
- Headquarters Atlanta, United States
- Stage Public
- SectorsTechnologyFinancial Services
- Website category Finance · Investing
- Website bitminetech.io
- Legal Name Bitmine Immersion Technologies, Inc.
- Annual Revenue$3.31 M (USD)413as on Aug 31, 2024
- Net Profit-$2.46 M (USD)-23as on Aug 31, 2023
- EBITDA-$1.52 M (USD)22as on Aug 31, 2024
- Total Equity Funding$258.26M (USD)
in 4 rounds
- Latest Funding Round$252.54M (USD), Series B
Jun 2025
Products & Services of BitMine
BitMine offers a comprehensive portfolio of products and services, including Immersion Cooling Technology and Data Center Hosting.
Efficient cooling system for Bitcoin mining hardware to reduce failures and waste.
Turnkey management for mining with security and remote support features.
Funding Insights of BitMine
BitMine has successfully raised a total of $258.26M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $252.54 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $258.26M
- Total Rounds 4
- Last Round Series B — $252.54M
All 4 funding rounds of BitMine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $252.54M | Series B | – | – | – |
| Jan 2022 | $5.15M | Series A | – | – | – |
| Jun 2021 | $563,250 | Seed | – | – | – |
| May 2021 | Seed | – | – | – |
People of BitMine
3 people are tracked at BitMine (1 in leadership, 2 in board & advisors).
| Name | Role | Group |
|---|---|---|
Jonathan Bates | CEO | Leadership |
David Sharbutt | Board Member | Board & advisors |
Lori Love | Board Member | Board & advisors |
Complete people profiles for BitMine
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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IPO & Listings of BitMine
BitMine is a publicly listed company on the AMEX with ticker symbol BMNR in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onAMEX: BMNR
- Listed entityBitMine Immersion Technologies, Inc.
- Exchange sectorFinance
- ISINUS09175A2069
- Share price$21.52 (+6.69% on the day) · 2026-04-09
- Market capitalisation$9.79B
- EPS (diluted, trailing year)$-0.87
- Dividend yield0.05%
- Volume (last session)39,262,187
- Analyst consensusStrong buy
Financials of BitMine
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $3.3M | -$3.3M | -$1.5M |
| 2023 | $645,280 | -$2.5M | -$1.8M |
| 2022 | $427,670 | -$2.0M | -$1.7M |
| 2021 | -$154,240 | -$131,810 |
Detailed financial statements for BitMine
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of BitMine
3 dated milestones of BitMine across 4 years, from founding to its latest funding, stage changes and deals.
- Founded BitMine is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $252.5M.
Competitors of BitMine
BitMine has 3 listed competitors in our database, 1 of them funded. They include Rhodium Enterprises, Lonestar Dream and BiXBiT.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rhdm.com | 2010 | Texas, United States | $86.93M | Online platform offering hardware solutions for crypto mining | ||
| lonestardream.com | 2023 | Delaware, United States | Cryptocurrency mining solutions, including Bitcoin immersion cooling, are provided. | |||
| bixbit.io | 2017 | Burleson, United States | An online platform providing immersion cooling systems for mining operations. |
Detailed competitors of BitMine
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of BitMine
The website of BitMine (bitminetech.io) receives about 85K visits a month and ranks #628,491 among all websites worldwide, #6,182 in Investing.
- Monthly visits85K
▲ 84.8% vs previous month
- Unique visitors21.2K
per month
- Global rank#628,491
among all websites
- Category rank#6,182
Finance · Investing
- Bounce rate38%
- Pages per visit2.5
- Average visit14 sec
- DevicesDesktop 45% · Mobile 55%
Websites whose visitors overlap most with BitMine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| robinhood.com | 100% | 40.9M | #1,233 | View details | |
| timothysykes.com | 92% | #124,983 | View details | ||
| stockstotrade.com | 92% | 2.2M | #31,141 | View details | |
ccn.com | ccn.com | 92% | #96,374 | – | |
| cryptobriefing.com | 92% | 152.5K | #241,676 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for BitMine
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as BitMine (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Related news about Bitmine
Complete news archive for BitMine
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Frequently Asked Questions about BitMine
BitMine was founded in 2021.
BitMine is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
BitMine is a funded company, having raised a total of $258.26M across 4 funding rounds to date.
Annual revenue of BitMine is $3.31M as on Aug 31, 2024.
BitMine was founded in 2021 and is based in Atlanta, United States. Operations focus on the cryptocurrency sector, where Bitcoin mining hardware is managed and hosted for clients. Services include secure mining facilities and infrastructure support, enabling efficient resource utilization in the blockchain industry. The platform handles technical aspects such as power management and maintenance to support mining activities across various scales.
BitMine's top competitors include Rhodium Enterprises, Lonestar Dream and BiXBiT.
BitMine offers Immersion Cooling Technology and Data Center Hosting.
Yes, BitMine is publicly traded on AMEX under the ticker symbol BMNR.