About BitMine
BitMine is a company based in Atlanta (United States) founded in 2021.. BitMine has raised $258.26 million across 4 funding rounds. BitMine offers products and services including Immersion Cooling Technology and Data Center Hosting. BitMine operates in a competitive market with competitors including Rhodium Enterprises, Fog Hashing, DCX Immersion Mining, Minerbase and Lonestar Dream, among others.
- Headquarter Atlanta, United States
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Annual Revenue
$3.31 M413as on Aug 31, 2024
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Net Profit
$-2.46 M-23as on Aug 31, 2023
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EBITDA
$-1.52 M22as on Aug 31, 2024
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Total Equity Funding
$258.26 M (USD)
in 4 rounds
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Latest Funding Round
$252.54 M (USD), Series B
Jun 30, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of BitMine
BitMine offers a comprehensive portfolio of products and services, including Immersion Cooling Technology and Data Center Hosting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Efficient cooling system for Bitcoin mining hardware to reduce failures and waste.
Turnkey management for mining with security and remote support features.
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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 Total Funding
- Total Rounds 4
- Last Round Series B — $252.5M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - BitMine | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - BitMine | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - BitMine | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by BitMine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BitMine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitmine Comparisons
Competitors of BitMine
BitMine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rhodium Enterprises, Fog Hashing, DCX Immersion Mining, Minerbase and Lonestar Dream, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering hardware solutions for crypto mining
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| domain | founded_year | HQ Location |
Offers liquid cooling technology for high-density thermal management in computing.
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| domain | founded_year | HQ Location |
Offers immersion cooling solutions for crypto mining, heat recovery, and hardware upgrades.
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| domain | founded_year | HQ Location |
Offers platforms for data centers and immersion cooling systems to optimize IT operations.
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| domain | founded_year | HQ Location |
Cryptocurrency mining solutions, including Bitcoin immersion cooling, are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bitmine
Frequently Asked Questions about BitMine
When was BitMine founded?
BitMine was founded in 2021.
Where is BitMine located?
BitMine is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is BitMine a funded company?
BitMine is a funded company, having raised a total of $258.26M across 4 funding rounds to date. The company's 1st funding round was a Seed of $563.25K, raised on May 11, 2021.
What is the annual revenue of BitMine?
Annual revenue of BitMine is $3.31M as on Aug 31, 2024.
What does BitMine do?
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.
Who are the top competitors of BitMine?
BitMine's top competitors include Rhodium Enterprises, Lonestar Dream and Fog Hashing.
What products or services does BitMine offer?
BitMine offers Immersion Cooling Technology and Data Center Hosting.
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