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

Rhea-AI Filing Summary

Lori Love, a director of BitMine Immersion Technologies, Inc. (BMNR), acquired 3,750 shares of the company's common stock on 08/31/2025 as compensation for director services. The transaction was recorded as an acquisition with a reported price of $0 because the shares were issued for services rather than bought for cash. The filing shows 22,500 shares beneficially owned by the reporting person after the transaction, and notes the amounts were adjusted for a 1-for-20 reverse stock split. This Form 4 discloses insider ownership change by a director through service-based share issuance and the updated beneficial ownership total.

Positive

• Transparent disclosure of director compensation via equity and updated beneficial ownership
• Post-transaction ownership total provided, showing 22,500 shares beneficially owned

Negative

• Shares issued at $0 for services could have a dilutive effect on existing shareholders (issuance-based dilution)
• No additional context on the company's overall director compensation policy or total outstanding shares to assess materiality

Insights

Securities Analyst

TL;DR: Director received service shares, increasing beneficial ownership to 22,500 after a reverse split; transaction appears non‑cash and routine.

The reported issuance of 3,750 shares at a $0 price explicitly reflects compensation for director services rather than an open-market purchase. The filing also clarifies the post-transaction beneficial ownership total and that amounts were adjusted for a 1-for-20 reverse split. For investors, this is a transparency item documenting insider compensation and ownership levels; it does not disclose cash flow or market trades.

Corporate Governance Expert

TL;DR: Non-cash share issuance for director services is a common governance practice but can dilute shareholders; disclosure is routine.

The Form 4 indicates the director was compensated with equity rather than cash, consistent with common board compensation practices. The filing properly reports the change in beneficial ownership and notes the reverse split adjustment. This is a governance disclosure that allows stakeholders to monitor insider alignment with shareholders, but the filing contains no additional context on the board compensation policy or aggregate dilutive impact.

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
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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^*

Love Lori

(Last) (First) (Middle)

10845 GRIFFITH PEAK DR. #2

(Street)

LAS VEGAS NV 89135

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2025

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	08/31/2025		A		3,750(1)	A	$0(2)	22,500	D

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. Adjusted to reflect the Company's 1-for-20 reverse stock split.

2. These shares were issued to the Reporting Person for services as a director of the Company.

	/s/ Lori Love	08/31/2025
	** 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

Who reported the Form 4 for BMNR?

The Form 4 was reported by Lori Love, identified as a director of BitMine Immersion Technologies, Inc.

What transaction is disclosed on this Form 4 for BMNR?

The filing discloses an acquisition of 3,750 common shares by the reporting person, recorded as issued for services at a price of $0.

How many shares does the reporting person beneficially own after the transaction?

After the reported transaction the filing shows the reporting person beneficially owns 22,500 shares.

Was there any corporate action noted that affects the share amounts?

Yes, the filing states amounts were adjusted for a 1-for-20 reverse stock split.

Does the Form 4 indicate this was an open-market purchase?

No. The Form 4 states the shares were issued for services, not purchased in the open market.

Does the filing disclose cash consideration received for the shares?

No. The filing reports a price of $0, indicating the shares were issued as compensation for services.