other_material
confidence high
sentiment neutral
materiality 0.55
Bitmine Immersion enters 176-day hashrate purchase agreement with Luxor for 90 PH/s at $706,833
BITMINE IMMERSION TECHNOLOGIES, INC.
- Master Hashrate Agreement for daily 90 PH/s over 176 days, valued at 8.1576 Bitcoin.
- Cash payment of $706,833, net of $1.8126 Bitcoin margin previously held by Luxor.
- Agreement dated May 22, 2025; detailed exhibit incorporated by reference to Form S-1/A filed May 27, 2025.
item 1.01item 9.01