[Form 4] BitMine Immersion Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Raymond Mow, Chief Financial Officer and Director of BitMine Immersion Technologies, Inc. (BMNR), reported stock ownership changes arising from a distribution and other holdings. On 08/26/2025 he received 55,000 shares previously held by Innovative Digital Investors Emerging Technology LP as part of that fund's dissolution and winding up, and separately received 12,342 shares, both reported as acquisitions at $0. After these transactions his reported indirect beneficial ownership rose to 200,750 shares following the first entry and to 213,092 shares following the second entry. The filing discloses that 55,000 of the shares are held by Progression Asset Management Corporation with contractual rights attributed to Mr. Mow, and additional shares are held by The Mow Family Trust. The Form 4 is signed 08/27/2025.

Positive

• Insider transparency: The Form 4 clearly discloses the source of the shares (distribution from IDI) and the indirect ownership arrangements.
• Updated beneficial ownership: Reporting shows total indirect beneficial ownership increased to 213,092 shares, providing clarity on insider holdings.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider ownership update from a fund distribution; increases reported indirect holdings to 213,092 shares.

The report documents non-cash acquisitions resulting from the dissolution of Innovative Digital Investors Emerging Technology LP and transfers into family and related entities. The transactions were recorded at $0 per share, consistent with a distribution rather than open-market purchases. The incremental change in reported holdings is modest in absolute terms and does not by itself indicate a change in corporate performance or cash flows. For investors, the key facts are the source of shares (fund dissolution), the indirect ownership structure via Progression Asset Management Corporation and The Mow Family Trust, and the updated beneficial ownership total.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 reporting requirements; notes indirect holdings and contractual rights tied to related entity.

The filing appropriately discloses the nature of indirect beneficial ownership and identifies the contractual rights regarding shares held by Progression Asset Management Corporation. This transparency helps clarify potential conflicts or voting influence. The filing does not disclose any dispositions, cash purchases, or changes in executive roles; it is a compliance-focused disclosure documenting a distribution and subsequent beneficial ownership levels.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MOW RAYMOND

(Last) (First) (Middle)

4309 CANDLEBERRY AVE

(Street)

SEAL BEACH CA 90740

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		J(1)		55,000	A	$0(1)	200,750	I(2)	Held by Progression Asset Management Corporation
Common Stock	08/26/2025		J(1)		12,342	A	$0(1)	213,092	I(3)	Owned by The Mow Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were previously held by Innovative Digital Investors Emerging Technology LP ("IDI"), and were distributed in connection with the dissolution and winding up of IDI.

2. The Reporting Person holds contractual rights with respect to 55,000 shares of common stock currently held by Progression Asset Management Corporation ("PAMC"), a California corporation, and an entity wholly owned by Jonathan Bates (a director and the Chief Executive Officer of the Company). Pursuant to such contractual rights, the Reporting Person may be deemed to have indirect beneficial ownership of such 55,000 shares. The Reporting Person disclaims beneficial ownership of shares held by PAMC except to the extent of his pecuniary interest therein.

3. Shares are owned by The Mow Family Trust, a trust established for the Reporting Person's family.

	/s/ Raymond Mow	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Raymond Mow report on the Form 4 for BMNR?

He reported acquisitions on 08/26/2025 of 55,000 shares and 12,342 shares, both noted as acquisitions at $0 per share due to a distribution.

Why were the shares reported at $0 on the Form 4?

The filing states the 55,000 shares were distributed from Innovative Digital Investors Emerging Technology LP in connection with that fund's dissolution, which is why the reported price is $0.

How many BMNR shares does Raymond Mow beneficially own after the reported transactions?

Following the reported transactions the Form 4 shows indirect beneficial ownership of 213,092 shares.

What is the nature of Mr. Mow's indirect ownership?

The filing discloses contractual rights over 55,000 shares held by Progression Asset Management Corporation and additional shares owned by The Mow Family Trust.

What positions does Raymond Mow hold at BitMine Immersion Technologies?

The Form 4 lists Raymond Mow as a Director and the company's Chief Financial Officer.