The Abatement RegisterAndersonAgreement 0013411
Texas Chapter 380 / 381 agreement · Anderson

BITCOIN MINING INSTITUTE LLC

Agreement 0013411, filed with the Texas Comptroller by ANDERSON COUNTY, TEXAS.

$5,450,000committed capital investment
$100,000grant or incentive
25–100%of improvements made to the Facility Property abated
August 31, 2026performance deadline
The obligation

What the contract requires.

“on or before August 31, 2026, receive its final certificate of occupancy for the Facility Property”Executed agreement, p. 1
“$5,450,000 in buildings and other real property improvements”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“BMI shall repay the full amount of any Economic Development Funds that BMI received from the County under this Agreement not later than one hundred twenty (120) days after the date the breach or default occurs.”Executed agreement, p. 5

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · improvements made to the Facility Property · p. 3

What was abated, and for how long.

100%Year 1
100%Year 2
70%Year 3
60%Year 4
50%Year 5
25%Year 6
25%Year 7

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyANDERSON COUNTY, TEXASANDERSON COUNTY, TEXAS, a political subdivision of the State of Texas located in Anderson County, Texas (the “County”)1
Contracting entityBITCOIN MINING INSTITUTE LLCBITCOIN MINING INSTITUTE LLC (“BMI”)1
Parent / guarantorNot stated in the agreement—
InstrumentProperty Tax RebatesARTICLE III. Property Tax Rebates.3
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN FILED FoR ANDERSON COUNTY, TEXAS, at_G HY ia te AND FEB 11 2096 BITCOIN MINING INSTITUTE LLC MARK STAPLE oy Clerk, Anderson il Texas Y Deputy STATE OF TEXAS § § COUNTY OF ANDERSON § This Chapter 381 Economic Development Agreement (the “Agreement”) is made and entered into by and between ANDERSON COUNTY, TEXAS, a political subdivision —
Capital investment$5,450,000$5,450,000 in buildings and other real property improvements4
Grant or incentive$100,000in no event shall the total amount exceed $100,000 dollars3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreagenine acresLot 5 (consisting of nine acres)1
Performance deadlineAugust 31, 2026on or before August 31, 2026, receive its final certificate of occupancy for the Facility Property1
ExpirationAugust 31, 2036shall terminate on the tenth (10") anniversary from the date that BMI receives its final certificate of occupancy for the Facility Property3
Effective dateFebruary 10, 2026This instrument was acknowledged before me on the | () day of Fel wer U 2026, by Tyler Schmill, Chief Executive Officer, Bitcoin Mining Institute LLC, on behalf of said business entity.11
SignatoryTyler SchmillTyler Schmill, Chief Executive Officer11
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0013411 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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