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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): March 25, 2026
BITMINE
IMMERSION TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-42675 |
|
84-3986354 |
(State
or other jurisdiction
of
incorporation or organization) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
800
Connecticut Avenue
Norwalk,
Connecticut 06854
(Address
of principal executive office) (Zip Code)
203-401-8200
(Registrants’
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock, par value $0.0001 |
|
BMNR |
|
NYSE
American LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging
Growth Company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
7.01 Regulation FD Disclosure.
On
March 25, 2026, Bitmine Immersion Technologies, Inc. (the “Company”) issued a press release (the “Press
Release”) announcing the official launch of MAVAN (Made in America VAlidator Network), the Company’s proprietary
institutional-grade Ethereum staking platform. A copy of the Press Release is attached as Exhibit 99.1 and is incorporated herein by
reference.
The
information under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, (the “Exchange Act”) or otherwise subject to the liabilities of that section,
and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits.
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press
Release, dated March 25, 2026. |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
| |
Bitmine
Immersion Technologies, Inc. |
| |
|
|
| Dated:
March 25, 2026 |
By: |
/s/
Chi Tsang |
| |
Name: |
Chi
Tsang |
| |
Title: |
Chief
Executive Officer |
Exhibit
99.1
Bitmine
Immersion Technologies (BMNR) Announces Launch of MAVAN (Made In America VAlidator Network), the Company’s Proprietary Staking
Solution
MAVAN
will be the largest Ethereum staking service provider globally and will provide staking services for other proof-of-stake chains and
blockchain infrastructure services
Bitmine
has 3,142,643 staked ETH, representing $6.8 billion at $2,148 per ETH
Bitmine
remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller
III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring
5% of ETH
NORWALK,
CT, March 25, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the
“Company”) a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today
announced the official launch of MAVAN (Made in America VAlidator Network), its proprietary institutional-grade Ethereum staking platform.
MAVAN
is designed to serve as the premier Ethereum staking destination for institutions, with a focus on security, performance, and resilience.
The platform combines U.S.-based infrastructure for institutions requiring domestic validation with a flexible, globally distributed
architecture to support clients worldwide. Originally developed to support Bitmine’s own Ethereum treasury, MAVAN will expand
to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure.
“MAVAN
represents a critical step in our vision to build one of the leading staking and on-chain infrastructure platforms globally,” said
Tom Lee, Chairman of Bitmine. “Because Bitmine is the largest owner of Ethereum in the world, at launch, MAVAN will be the
largest Ethereum staking platform in the world. We plan to expand across additional proof-of-stake networks and critical blockchain infrastructure
over time, and through 2026, we’ll grow our efforts in areas such as on-chain vaults, post-quantum client development, and more.”
As
of 5:00PM ET on March 24, 2026, Bitmine total staked ETH stands at 3,142,643 ($6.8 billion at $2,148 per ETH via Coinbase).
Bitmine has staked more ETH than other entities in the world. When Bitmine’s ETH is fully staked by MAVAN in the coming weeks,
the ETH staking rewards will be nearly $300 million annually (using 2.83% 7-day BMNR yield).
In
this past week, Bitmine staked 101,776 ETH ($219 million) to MAVAN and will continue to add scale over the coming weeks
with the goal of staking nearly all of Bitmine’s remaining unstaked ETH.
For
institutions interested in staking Ethereum on best-in-class infrastructure or custodians, exchanges, and other partners interested in
offering MAVAN ETH staking to their customers, contact mavan@bitminetech.io.
The
Chairman’s message can be found here: https://www.Bitminetech.io/chairmans-message
The
Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To
stay informed, please sign up at: https://Bitminetech.io/contact-us/
About
Bitmine
Bitmine
(NYSE AMERICAN: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum
Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants.
Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging
native protocol-level activities including staking and decentralized finance mechanisms. The Company recently launched MAVAN (Made-in
America VAlidator Network), a dedicated staking infrastructure.
For
additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
Forward
Looking Statements
This
press release contains statements that constitute “forward-looking statements.” The statements in this press release that
are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking
statements regarding the launch and expected growth of MAVAN, including its anticipated position as the largest Ethereum staking platform
globally; the Company’s plans to expand MAVAN across additional proof-of-stake networks and blockchain infrastructure; expectations
regarding ETH staking rewards and yields; the timeline for staking Bitmine’s remaining unstaked ETH; the Company’s goals
regarding ETH acquisition and the long-term value of Ethereum; and the continued growth and advancement of the Company’s Ethereum
treasury strategy and applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various
factors, including Bitmine’s ability to successfully operate and scale MAVAN; Bitmine’s ability to attract institutional
clients and partners to the MAVAN platform; the competitive landscape for Ethereum staking services; Bitmine’s ability to keep
pace with new technology and changing market needs; Bitmine’s ability to finance its current business, Ethereum treasury operations
and proposed future business; the competitive environment of Bitmine’s business; and the future value of Bitcoin and Ethereum.
Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking
statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk
Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or
updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine
undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SOURCE
Bitmine Immersion Technologies, Inc.
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+19178333392
