BitMine Immersion Technologies, Inc. filings document regulatory disclosures for a crypto-asset treasury and network company centered on Ethereum accumulation and staking infrastructure. Recent Form 8-K reports include Regulation FD operational updates, investor presentations, press releases describing ETH holdings, staked ETH, cash and crypto balances, MAVAN, and related equity positions.
The filing record also covers governance and reporting controls, including a change in independent registered public accounting firm, and exchange-registration matters tied to the company’s completed move from NYSE American to the New York Stock Exchange. The Form 25 addresses voluntary withdrawal of the common stock from listing and registration on the prior exchange.
Bitmine Immersion Technologies, Inc. reported sharply higher revenue but an extremely large loss for the quarter ended November 30, 2025 (figures in thousands). Total revenue rose to 2,293 from 1,201, driven by new leasing revenue of 1,112, staking revenue of 980, and consulting revenue of 199, while mining-related revenue largely disappeared as the company pivoted away from proprietary mining.
The company recorded a net loss of 5,204,095, mainly due to an unrealized loss of 5,247,925 on its digital asset holdings and a spike in general and administrative expenses to 223,436, including substantial one-time capital raising, advisory, legal and consulting fees. Bitmine held digital assets with fair value of 10,561,789, largely Ethereum, with 3,737,140 ETH tokens valued at 10,544,339.
Liquidity increased, with cash and cash equivalents of 887,678 and stockholders’ equity of 11,251,532, supported by significant equity raises under an at-the-market program and a September 2025 share and warrant issuance. The company continued its strategic shift to an ETH-focused, capital-light treasury and staking model, but also disclosed that its disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting.
Bitmine Immersion Technologies, Inc. filed a current report to note that it issued a press release on January 12, 2026 providing an update on the company’s operations. The press release is furnished as Exhibit 99.1 and is treated as “furnished” rather than “filed” for securities law purposes, which limits certain liability and incorporation-by-reference effects.
The company’s common stock, with a par value of $0.0001 per share, trades on the NYSE American under the symbol BMNR. The filing is made under a Regulation FD disclosure item, indicating the company is sharing information intended to keep all investors informed at the same time.
Bitmine Immersion Technologies, Inc. appointed Young Kim as Chief Financial Officer and Chief Operating Officer, effective January 1, 2026. The company later entered into an employment agreement that sets his base salary at $500,000 and makes him eligible for a performance-based annual bonus of up to $750,000, with metrics set by the board each year.
Kim is an investment executive with over two decades of experience, including senior portfolio manager roles overseeing more than $7 billion in emerging markets assets and prior roles in investment firms and technology startups. He will also be eligible for annual restricted stock unit awards with a target value of $1,750,000, vesting over four years, subject to continued employment.
If he is terminated without cause or resigns for good reason, he may receive salary continuation for 12 months, certain bonus amounts, continued COBRA premiums for up to 12 months, and vested equity, with enhanced 18‑month cash severance if such a termination occurs within 12 months after a change in control. The company also disclosed customary confidentiality, non‑competition, and non‑solicitation covenants and filed his employment agreement and a related press release as exhibits.
Bitmine Immersion Technologies, Inc. reported that it issued a press release on January 5, 2026 providing an update on its operations. The company furnished this operational update under a Regulation FD disclosure, meaning it is intended to share information broadly and fairly with the market. The press release is included as Exhibit 99.1, and the company notes that this information is being furnished rather than filed, so it is not subject to certain liability provisions of the securities laws or automatically incorporated into other securities filings.
Bitmine Immersion Technologies, Inc. reported that on January 2, 2026 it issued a press release encouraging its stockholders to vote “FOR” a Charter Amendment Proposal at the company’s upcoming annual meeting. The press release is included as Exhibit 99.1 to this report and is incorporated by reference. The company states that the information provided under Regulation FD, including Exhibit 99.1, is being furnished rather than filed, so it is not subject to Section 18 liability under the Exchange Act and is not automatically incorporated into other securities law filings.
Bitmine Immersion Technologies, Inc. reported that it has published several stockholder communications related to a Charter Amendment Proposal that will be voted on at its upcoming annual meeting of stockholders. On January 2, 2026, the company made available an investor presentation led by Chairman Tom Lee, released a video of that presentation along with a written transcript, and posted related materials on social media, all focused on the proposal and the annual meeting.
The presentation, video transcript, and social media posts are furnished as exhibits to this report. The company highlights that these materials are part of its proxy solicitation efforts and points stockholders to its definitive proxy statement on Schedule 14A, which provides detailed information about the proposals, executive and director compensation, and security ownership.
Bitmine Immersion Technologies, Inc. disclosed that on December 29, 2025 it shared several communication materials related to its upcoming annual meeting of stockholders. The company published a presentation given by Tom Lee, Chairman of the Board, discussing matters for the annual meeting and made it available as Exhibit 99.1.
On the same date, the company released a video of that presentation and filed the video transcript as Exhibit 99.2, along with a press release as Exhibit 99.3 that provides an update on operations and announces the presentation and video while urging stockholders to vote on annual meeting proposals. Bitmine also issued an audio message to stockholders of record as of December 8, 2025, reminding them to vote; the message is filed as Exhibit 99.4. All of these materials are furnished under Regulation FD and are not deemed filed for liability purposes under the Exchange Act.
Bitmine Immersion Technologies, Inc. filed a current report stating that it issued a press release on December 22, 2025 providing an update on its operations. The press release is included as an exhibit and is incorporated by reference for the detailed information. The company also notes that this operational update is furnished under a disclosure rule and is not treated as having been formally filed for liability purposes under certain securities laws.
Bitmine Immersion Technologies, Inc. reported changes in the indirect share ownership of its Chief Financial Officer. On December 18, 2025, contractual rights relating to 55,000 shares of common stock previously held by Progression Asset Management Corporation were distributed to Raymond Mow Enterprises LLC, an entity wholly owned by the reporting person. The filing notes that the reporting person may be deemed to have indirect beneficial ownership of these 55,000 shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
The CFO also has indirect ownership of common stock through The Mow Family Trust, a trust established for his family. In addition, the reporting person holds restricted stock units (RSUs) that convert into common stock on a one-for-one basis and that vest in four equal 25% installments on November 30, 2025, February 28, 2026, May 31, 2026, and August 31, 2026 under an executive employment agreement effective September 1, 2025.