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

Rhea-AI Filing Summary

BitMine Immersion Technologies insider report: Chief Operating Officer Ryan Ramnath received 2,250 shares of the company on 08/31/2025 as compensation for services, recorded at a $0 per-share price. After the grant, the filing shows Mr. Ramnath beneficially owns 181,193 common shares in total, comprising 9,000 shares held personally and 172,193 shares held by Bitflair Mining Corp., for which he shares voting and investment power. The report is a Form 4 disclosure of changes in beneficial ownership and is signed by Mr. Ramnath on 09/02/2025.

Positive

• 2,250 shares issued to the COO for services, reflecting direct equity compensation
• Total beneficial ownership of 181,193 shares disclosed, including indirect holdings via Bitflair Mining Corp., increasing transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received a small compensatory equity grant and reports substantial indirect holdings through a corporate entity.

The Form 4 documents an equity grant of 2,250 common shares to the Chief Operating Officer recorded as issued for services at a $0 price, indicating this was compensation rather than an open-market purchase. The post-transaction beneficial ownership total of 181,193 shares combines direct ownership and significant indirect ownership via Bitflair Mining Corp., where the reporting person shares voting and investment power. For investors, the filing signals management equity alignment through compensation and confirms concentrated insider-related ownership via an affiliated entity.

Corporate Governance Expert

TL;DR: Routine officer compensation in equity with disclosure of shared control over an affiliated holder.

The disclosure appears procedural: 2,250 shares were granted to the COO for services, and the Form 4 clarifies the composition of beneficial ownership, including 9,000 directly held shares and 172,193 held by Bitflair Mining Corp. The reporting person states shared voting and investment power over Bitflair's holdings, which is appropriately disclosed. This filing does not show sales or transfers that would change control dynamics; it documents compensation and existing indirect ownership structure.

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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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^*

RAMNATH RYAN

(Last) (First) (Middle)

770 BAY STREET, APT. 315

(Street)

TORONTO, A6 M5G 0A6

(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)

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

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		2,250(1)	A	$0(2)	181,193(3)	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 an officer of the Company.

3. Includes (i) 9,000 shares owned by the Reporting Person, and (ii) 172,193 shares owned by Bitflair Mining Corp., of which the Reporting Person has shared voting and investment power.

	/s/ Ryan Ramnath	09/02/2025
	** 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 did the Form 4 filed for BMNR disclose?

The Form 4 discloses that COO Ryan Ramnath was issued 2,250 common shares on 08/31/2025 as compensation and now beneficially owns 181,193 shares.

Were the shares purchased or issued for BMNR insider compensation?

The filing shows the 2,250 shares were issued for services at a $0 price, indicating they were granted as compensation.

How is the 181,193-share total composed in the BMNR Form 4?

The total includes 9,000 shares directly owned by the reporting person and 172,193 shares owned by Bitflair Mining Corp., over which he shares voting and investment power.

Does the Form 4 show any sales or dispositions by the reporting person?

No. The transaction reported is an acquisition (A) of 2,250 shares; no dispositions are reported in this filing.

When was the Form 4 signed by the reporting person for BMNR?

The Form 4 bears the reporting person’s signature dated 09/02/2025.