Fundraising Fox

Bitmine Immersion Technologies

NYSE: BMNP

Las Vegas, US · Delaware corporation · 30 employees on LinkedIn · 2 known investors

Founders & leadership

RM
Raymond MowExecutive
SB
Seth BaylesExecutive
ESErik S. Nelson
Erik S. NelsoninExecutive
RR
Ryan RamnathExecutive
JB
Jonathan BatesNamed on SEC filing

Board

LL
Lori LoveBoard director
JK
John KellyBoard director
MM
Michael MaloneyBoard director

Investors · 2

Founders FundreportedSan Francisco · $500K – $5M
KrakenreportedFort Lauderdale

Reported raises · per SEC filings

Form D private placements

$258.3M disclosed across 5 rounds · 2021–2025

▶$212.9MraisedJul 2025 · 59 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Seth BaylesExecutive Officer, Director
  • Lori LoveDirector
  • Michael MaloneyDirector
  • Thomas LeeDirector
  • Ryan RamnathExecutive Officer
  • John KellyDirector
  • Raymond MowExecutive Officer, Director
  • Jonathan BatesExecutive Officer, Director, Promoter
  • Erik S. NelsonExecutive Officer, Director, Promoter
Offering amount
$252.5M
Amount sold
$212.9M
Minimum investment
$65K
Sales commissions
$5.3M
Proceeds to insiders
$2.5M
Placement agents
ThinkEquity LLC
First sale
Jun 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$39.6MraisedJul 2025 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael MaloneyDirector
  • Lori LoveDirector
  • Thomas LeeDirector
  • John KellyDirector
  • Raymond MowExecutive Officer, Director
  • Seth BaylesExecutive Officer, Director
  • Ryan RamnathExecutive Officer
  • Jonathan BatesExecutive Officer, Director, Promoter
  • Erik S. NelsonExecutive Officer, Director, Promoter
Offering amount
$252.5M
Amount sold
$39.6M
Minimum investment
$250K
Sales commissions
$990.5K
Placement agents
ThinkEquity LLC
First sale
Jun 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.2MraisedMay 2025 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lori LoveDirector
  • Ryan RamnathExecutive Officer
  • Raymond MowExecutive Officer, Director
  • Michael MaloneyDirector
  • John KellyDirector
  • Jonathan BatesExecutive Officer, Director, Promoter
  • Erik S. NelsonExecutive Officer, Director, Promoter
  • Seth BaylesExecutive Officer, Director
Offering amount
$10M
Amount sold
$5.2M
Minimum investment
$10K
Sales commissions
$32K
Proceeds to insiders
$40K
Placement agents
Sutter Securities, Inc.
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6KraisedMar 2025 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Raymond MowExecutive Officer, Director
  • Lori LoveDirector
  • John KellyDirector
  • Seth BaylesExecutive Officer, Director
  • Jonathan BatesExecutive Officer, Director, Promoter
  • Erik S. NelsonExecutive Officer, Director, Promoter
  • Michael MaloneyDirector
  • Ryan RamnathExecutive Officer
Offering amount
$1.6K
Amount sold
$1.6K
Minimum investment
$100
First sale
May 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$563.3KraisedMar 2025 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan BatesExecutive Officer, Director, Promoter
  • Seth BaylesExecutive Officer, Director
  • Ryan RamnathExecutive Officer
  • Raymond MowExecutive Officer, Director
  • Michael MaloneyDirector
  • Erik S. NelsonExecutive Officer, Director, Promoter
  • Lori LoveDirector
  • John KellyDirector
Offering amount
$563.3K
Amount sold
$563.3K
Minimum investment
$3K
First sale
Jun 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Bitmine Immersion Technologies (NASDAQ: BMNR) Flashes Mixed Valuation Signals As Crypto Portfolio Hits $14.9Bforeignpolicyjournal.com · Aug 2026Is Bitmine Immersion Technologies (BMNR) Undervalued As Its Crypto Portfolio Reaches $14.9b?finance.yahoo.com · Aug 2026Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billionprnewswire.com · Aug 2026

Frequently asked questions

Who are Bitmine Immersion Technologies's investors?
Bitmine Immersion Technologies's investors include Founders Fund, Kraken.
How much funding has Bitmine Immersion Technologies raised?
Bitmine Immersion Technologies has disclosed $258.3M raised across 5 rounds.
Where is Bitmine Immersion Technologies headquartered?
Bitmine Immersion Technologies is headquartered in Las Vegas, US.