ACCESS Newswire
28 Sep 2023, 17:35 GMT+10
ATLANTA, GA / ACCESSWIRE / September 28, 2023 / BitMine Immersion Technologies, Inc. ('BitMine' or 'the Company') (OTCQX:BMNR) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of BMNR. The OTCQX Best Market is the highest market tier of OTC Markets. Trading on OTCQX will enhance the visibility and accessibility of the Company to a much greater audience of investors.
The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade BMNR. The OTCQX Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.
Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on:
https://www.otcmarkets.com/stock/BMNR/quote
'We are excited to reach the milestone of trading on OTCQX, as this will broaden our potential investor base, and make our stock available to a higher percentage of the investing public' confirmed Jonathan Bates, BitMine CEO. 'We thank OTC Markets and are very happy to qualify for their highest market tier.'
BitMine expects to provide updates on its operations in the coming weeks, as it continues to deploy miners at its sites in Texas and Trinidad.
About BitMine Immersion Technologies, Inc.
BitMine is a blockchain technology company that is building out industrial scale digital asset mining, equipment sales and hosting operations. The Company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers. Our facilities are primarily designed and constructed for housing advanced mining equipment. Our data centers contain power, racks, proprietary thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that boost performance and energy efficiency. Our data centers primarily utilize immersion cooling technology. Immersion cooling is the process of submerging computer components (or full servers) in a thermally, but not electrically, conductive liquid (dielectric coolant) allowing higher heat transfer performance than air and many other benefits. Immersion cooling can be up to 95% more efficient than standard air cooling, producing an estimated PUE (power usage effectiveness) of 1.05. This cooler environment has been shown to extend machine lives by 30% or longer.
BitMine Immersion Technologies Contact:
Jonathan Bates
Chairman and CEO
[email protected]
SOURCE: BitMine Immersion Technologies Inc.
Get a daily dose of Dallas Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dallas Sun.
More InformationEVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
TORONTO, Canada: Harvard University and the University of Toronto have created a backup plan to ensure Harvard graduate students continue...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...