BMNR News & Events

Cboe data shows mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares down 76c near $16.34. Options volume relatively light with 45k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.91 near 74.87,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.77. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Bitmine Immersion Technologies Inc (BMNR) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

Hyperscale Data disclosed advanced negotiations on a Master Services Agreement that would end all bitcoin mining at its Michigan campus in favor of AI colocation. Bitmine Immersion Technologies launched its new preferred series BMNP on the NYSE today. Robinhood announced a workforce reduction while reporting record trading volumes, and Forward Industries revealed two failed solana acquisition bids alongside a group-action dispute. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.HYPERSCALE DATA EYES BITCOIN MINING EXIT:Hyperscale Datait is in advanced negotiations on a Master Services Agreement to provide 20 MW of critical AI compute capacity at its Michigan data center campus, with revenue projected to exceed $1.0B over a 20-year term, and an expansion option to 52 MW that could reach approximately $2.5B total revenue. If the MSA is signed, the company will cease all bitcoin mining at the Michigan campus over several months to convert the power allocation to higher-margin AI colocation, with the first 10 MW targeted operational within 90 days of closing. The campus carries potential for 300+ MW total capacity subject to regulatory approvals and financing., Hyperscale Data disclosed holding 713.5884 bitcoin valued approximately $46.9M at $65,710 per bitcoin as of June 14, plus $40.2M in cash and restricted cash and 10,000 ounces. of silver, with combined treasury representing about 73.34% of market capitalization.BMNP PREFERRED MAKES NYSE DEBUT:Bitmine Immersion Technologiesbegan trading its 9.50% Series A Perpetual Preferred Stock on the NYSE today under the ticker symbol "BMNP," following the close of a 3,500,000-share offering at $80 per share that netted $273.8M in proceeds, as the company. Dividends on its Series-A Perpetual Preferred Stock are paid weekly.ROBINHOOD CUTS 10% OF WORKFORCE:, Robinhoodrevealed a workforce reduction of approximately 10% of full-time employees plus closure of a small number of open roles, with estimated cash restructuring charges of $20M and share-based compensation charges of $8M, both to be accrued in Q2. The company characterized the reduction as taken "from a position of business strength," noting that June month-to-date average daily trading volumes are at record levels across equities, options, and prediction markets.FORWARD INDUSTRIES' SOLANA M&A BIDS REBUFFED:Forward Industriesthat two non-binding all-stock acquisition proposals made as part of its solanatreasury strategy were rejected, with a proposal to SkyAIexpiring unaccepted on June 12 and Solana Company'sboard formally rejecting its proposal the same day., Forward Industries disclosed it received a letter from counsel for Brera Holdingsalleging Forward was acting in concert with Viktor Fischer, RockawayX, and affiliated entities as an undisclosed Section 13(3) group, with Forward Industries responding on June 15 that the allegations are meritless.PRICE ACTION:As of time of writing, bitcoinwas trading at $65,585.96, while etherwas trading at $1,778.06,.

Bitcoin surges above $65,000 as a U.S. agreement to reopen the Strait of Hormuz sparks a broad risk rally, lifting crypto-linked equities. Meanwhile, Strategy discloses 846,842 bitcoin after a $100M weekly buy and Bitmine's preferred shares begin NYSE trading Tuesday. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.HORMUZ DEAL IGNITES CRYPTO RALLY:Bitcoinclimbed to its highest level in nearly two weeks after the U.S. and Iran reached an agreement to reopen the Strait of Hormuz,. The move carried bitcoin above $65,000 on Monday morning, with equities like Coinbase, Strategy, and Robinhoodmoving in tandem.framed the move as part of a global risk-on relief rally, with oil falling simultaneously as bitcoin climbed roughly 3%. A formal signing is expected Friday following a 60-day negotiation phase,.STRATEGY WEEKLY BTC DISCLOSURE:, Strategy revealed that between June 8 and June 14 it acquired 1,587 bitcoin for approximately $100M at an average cost of $63,024 per bitcoin, funded through the sale of 1.73M MSTR Class A shares under its ATM program for $209M in net proceeds. Cumulative holdings now stand at 846,842 bitcoin at an aggregate cost of $64.07B, average cost basis $75,656 per bitcoin, with a $1.1B USD reserve as of June 14.BITMINE PREFERRED BEGINS TRADING TOMORROW:Bitmine Immersion Technologiesdisclosed, that as of June 14 it holds 5,620,754 ether, representing 4.66% of total ether supply, with 4,718,677 tokens staked through MAVAN, or Made in America Validator Network, at a projected $226M in annualized staking revenues. Total holdings including 204 bitcoin, equity stakes in Beast Industries and Eightco Holdings, and $502M in cash reach $10.4B combined, down from $11.6B the prior week on lower ether prices. Its 9.50% Series A Perpetual Preferred Stock, symbol BMNP, begins NYSE trading on June 16.Strivethe purchase of 73 bitcoin between June 8 and June 14 at an average of approximately $63,646 per bitcoin, bringing total holdings to 19,105 bitcoin, with cash and equivalents at $141.4M.MINER REBRANDS AS AI DATA CENTER:AIB, formerly BlockchAIn Digital Infrastructure, will rebrand to AIB Data Centers, effective June 25, reflecting a strategic pivot toward AI and high-performance computing workloads,.UFC STABLECOIN DEAL AND PATENT NOTES:TKO Group Holdingsand its UFC property named World Liberty Financialan official partner of UFC Freedom 250, funding a $250,000 Performance of the Night bonus pool paid in USD1stablecoin, a company press release. Dogecoin Cash filed a U.S. utility patent with the USPTO covering blockchain infrastructure for sub-5-second transaction confirmations and simplified dApp deployment on the Dogecoin network,. HUI commenced continuous trading on the Vienna Stock Exchange with a market maker and disclosed an impending token listing on a major global exchange,.PRICE ACTION:As of time of writing, bitcoin was trading at $66,661.15, while ether was trading at $1,818.05,.