Welcome to our dedicated page for Bitmine Immersion Technologies SEC filings (Ticker: BMNR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 very large losses as it pivots to an ETH-focused treasury model. For the quarter ended February 28, 2026, revenue rose to $11,041 (in thousands) from $1,517, driven mainly by $10,201 from ETH staking.
Results were dominated by non-cash items. The company recorded an unrealized loss on digital asset holdings of $3,775,209 (in thousands) for the quarter and $9,023,134 for the six months, plus general and administrative expenses of $74,988 and $298,625. Quarterly net loss was $3,818,413 and six‑month net loss was $9,022,508 (all in thousands).
At February 28, 2026, total assets were $9,894,256 (in thousands), including digital assets of $8,806,282 made up of 195 BTC and 4,473,459 ETH, with ETH fair value of $8,793,210. Cash and cash equivalents were $879,577 (in thousands), and stockholders’ equity was $9,858,088 (in thousands). Shares outstanding were 537,628,819 as of April 13, 2026.
The company emphasized its shift away from capital‑intensive mining toward long‑term ETH treasury management, staking and Ethereum‑adjacent services. It raised equity through an at‑the‑market program, generating $10,068,914 (in thousands) of net proceeds and also issued liability‑classified warrants. Bitmine made a $186,024 (in thousands) private investment in Beast Industries and a public equity investment in Eightco, where it recorded unrealized losses.
Subsequent to quarter‑end, Bitmine agreed to acquire Pier Two Holdings Pty Ltd for a preliminary purchase price of about $30.5 million, formed a new staking subsidiary, increased its Eightco investment to about $94,818, and issued an additional 57,107,586 shares via the ATM program.
Bitmine Immersion Technologies updated investors on its growing crypto-focused treasury and NYSE uplisting. The company reported combined crypto, cash and “moonshot” investments of $11.8 billion, including 4,874,858 ETH, 198 Bitcoin, a $200 million stake in Beast Industries, an $85 million stake in Eightco Holdings, and $719 million of cash.
Bitmine’s ETH position represents 4.04% of the 120.7 million ETH supply, with 3,334,637 ETH staked, valued at $7.4 billion at $2,206 per ETH. Management highlighted projected annual ETH staking rewards of about $310 million at a 2.89% annualized yield and current annualized staking revenues of $212 million. The company also noted strong trading activity in its stock and its strategy to build what it describes as the leading Ethereum treasury, supported by its MAVAN institutional staking platform.
Bitmine Immersion Technologies announced that its Board has expanded the company’s share repurchase authorization to $4.0 billion, positioning it to retire common stock when it sees attractive value. At the same time, Bitmine successfully uplisted its common stock to the New York Stock Exchange, where it now trades under the symbol BMNR.
Bitmine describes itself as a Bitcoin and Ethereum network company focused on long-term digital asset accumulation. As of April 6, 2026, it held approximately 4.803 million ETH, about 3.98% of the total Ethereum supply, which it says is over 79% of the way toward its goal of owning 5%. The company reports combined crypto, cash and “moonshot” holdings of $11.4 billion, including $864 million in cash and other crypto assets, and highlights support from several well-known institutional investors.
Bitmine Immersion Technologies, Inc. updated long‑term incentive arrangements for its CEO and CFO. Under an amendment effective April 2, 2026, CEO Chi Tsang becomes eligible for an annual equity award with a target grant date value of $500,000, delivered 60% as restricted stock units and 40% as stock options, under the 2025 Omnibus Incentive Plan. Awards vest in four equal quarterly installments over one year, subject to continued employment.
A separate amendment for CFO and COO Young Kim provides an annual long‑term incentive award in stock options with a target value of $1,750,000 per fiscal year, with the 2026 award prorated for his service period. For both executives, the number of options and RSUs is based on the 10‑day volume‑weighted average share price, options are valued using a factor of three, exercise prices are at least fair market value on the grant date, and unvested awards generally forfeit upon earlier termination unless otherwise specified in their employment agreements.
Bitmine Immersion Technologies reported that its combined crypto, cash and “moonshot” investments total $11.4 billion, including 4.803 million ETH tokens and $864 million in cash. The company has been approved to uplist its common stock from NYSE American to the New York Stock Exchange, with trading on the NYSE expected to begin on April 9, 2026 under the symbol BMNR.
As of April 5, 2026, Bitmine holds 4,803,334 ETH at $2,123 per ETH, 198 Bitcoin, a $200 million stake in Beast Industries and a $92 million stake in Eightco Holdings. Of this, 3,334,637 ETH is staked, valued at $7.1 billion, generating annualized staking revenues of $196 million. Management highlighted Bitmine’s position as a leading Ethereum treasury and the launch of its MAVAN staking platform for its own assets and institutional clients.
Bitmine Immersion Technologies, Inc. completed the acquisition of Pier Two Holdings Pty Ltd, which runs high-performance hybrid cloud and bare metal infrastructure for non-custodial Ethereum and other digital asset staking services.
Purchase consideration includes cash at closing, $14,000,000 of deferred consideration payable in cash and common stock, and potential earnout consideration of up to $11,801,000 in common stock based on operational milestones in the first year after closing.
At closing, the company issued 501,545 shares of common stock as stock consideration at $20.9346 per share, totaling $10,500,000, in a private offering to accredited investors relying on Section 4(a)(2) and Regulation D exemptions.
Separately, a 10-year management services agreement grants Ethereum Tower LLC a 2% membership interest in the buyer and a monthly fee based on native ETH staking rewards, while a registration rights agreement provides for future resale registration of the acquisition-related shares.
Bitmine Immersion Technologies released an operations update highlighting its growing crypto-focused balance sheet. As of March 29, 2026, the company holds $10.7 billion in combined crypto, cash and "moonshot" investments, driven mainly by 4,732,082 ETH and total cash of $961 million.
Bitmine’s ETH position equals 3.92% of the 120.7 million ETH supply, with 3,142,643 ETH staked, valued at $6.3 billion at $2,005 per ETH. The new MAVAN staking platform now anchors its treasury strategy, and recent ETH purchases accelerated to 71,179 ETH in the past week. The company reports annualized staking revenues of $177 million and estimates potential staking rewards of $266 million when its ETH is fully staked.
Bitmine Immersion Technologies filed an 8-K highlighting the launch of MAVAN (Made in America VAlidator Network), its proprietary institutional-grade Ethereum staking platform. MAVAN is positioned as a premier destination for institutions, combining U.S.-based validation with globally distributed infrastructure.
Originally built for Bitmine’s own Ethereum treasury, MAVAN now serves external institutional investors, custodians, and partners. As of 5:00PM ET on March 24, 2026, Bitmine had 3,142,643 staked ETH, valued at $6.8 billion at $2,148 per ETH, and expects ETH staking rewards to approach $300 million annually using a 2.83% 7-day BMNR yield. In the past week, Bitmine staked an additional 101,776 ETH (about $219 million) to MAVAN and plans to stake nearly all remaining unstaked ETH as part of its strategy to be a leading Ethereum treasury and staking infrastructure provider.
Bitmine Immersion Technologies, Inc. filed an 8-K to share an operations update focused on its crypto treasury. The company reports combined crypto, cash and "moonshot" investments totaling $11.0 billion, including 4,660,903 ETH at $2,072 per token, 196 Bitcoin, a $200 million stake in Beast Industries, a $95 million stake in Eightco Holdings and $1.1 billion in cash.
Bitmine holds 3.86% of the ETH supply and has 3,142,643 staked ETH, valued at $6.5 billion, with current annualized staking revenues of $184 million. Management highlights a potential ETH staking reward of $272 million annually at a 2.83% 7-day yield once its MAVAN staking platform and partners are fully deployed, targeted for early 2026.