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Bitmine Immersion Technologies Inc
10845 Griffith Peak Dr. #2
Phone: (562) 310-0160p:562 310-0160 LAS VEGAS, NV  89135  United States Ticker: BMNRBMNR

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary
Bitmine Immersion Technologies Inc. is a technology company focused on Bitcoin mining using immersion technology, an advanced cooling technique where computers are submerged in specialized oil circulated to keep units operating at optimal ambient temperature. The Company operates in the cryptocurrency mining industry. Its business includes industrial scale digital asset mining, equipment sales and hosting operations. It is engaged in self-mining bitcoin for its own account, as well as hosting third party equipment used in mining of digital asset coins and tokens, specifically bitcoin. It conducts digital asset mining operations using specialized computers equipped with application-specific integrated circuit chips. Its data centers provide power, racks, thermodynamic management (heat dissipation and airflow management), redundant connectivity, 24/7 security, as well as software which provide infrastructure management and custom firmware that improves performance and energy efficiency.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
11/30/20248/31/2024YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer JonathanBates 54 5/1/2022 7/1/2021
President, Director Erik S.Nelson 57 5/1/2022 7/1/2020
Chief Financial Officer, Director RaymondMow 58 7/1/2021 7/1/2021
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Am-Tex Oil and Gas, Inc.
Atlantic Hash, Inc.
BMNR
4 additional Business Names available in full report.

General Information
Number of Employees: 7 (As of 8/31/2024)
Outstanding Shares: 39,667,607 (As of 1/10/2025)
Shareholders: 160
Stock Exchange: OTC
Federal Tax Id: 843986354
Fax Number: (302) 575-1642


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Tuesday, January 28, 2025