News & Events

Material Modification to Rights of Security Holders. On June 10, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) issued 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the “ Series A Preferred Stock ”) in a public offering (the “ Offering ”) registered under the Securities Act of 1933, as amended (the “ Securities Act ”), pursuant to an Underwriting Agreement, dated June 4, 2026 (as previously reported on the Company’s Current Report on Form 8-K filed with the Secur…

Entry into a Material Definitive Agreement. On June 4, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Moelis & Company LLC and Cantor Fitzgerald & Co. (the “ Underwriters ”), relating to the issuance and sale in an underwritten offering (the “ Offering ”) of 3,500,000 shares (the “ Shares ”) of the Company’s 9.50% Series A Perpetual Preferred Stock, par value $0.0001 per share (the “ Series A Preferred…

Changes in Registrant’s Certifying Accountant. The Audit Committee of the Board of Directors (the “ Audit Committee ”) of Bitmine Immersion Technologies, Inc., a Delaware corporation (the “ Company ”), in connection with carrying out its appointed duties and responsibilities, conducted a review to determine the Company’s independent registered public accounting firm for the Company’s 2026 fiscal year. On April 27, 2026, upon the recommendation of the Audit Committee, the Board of Directors of…

Regulation FD Disclosure. On April 9, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) issued a press release announcing that its Board of Directors has authorized an increase in the Company’s existing share repurchase program from $1 million to $4 billion. A copy of this press release is attached hereto as Exhibit 99.1. The information under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as am…

Entry into a Material Definitive Agreement. Tsang Amendment No. 1 to Employment Agreement On April 2, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) entered into Amendment No. 1 to that certain Employment Agreement, dated as of November 20, 2025 (the “ Tsang Employment Agreement ”), with Chi Tsang, the Company’s Chief Executive Officer (the “ Tsang Amendment ”), to modify certain long-term incentive compensation and related provisions. The Tsang Amendment amends Section 4(b) of…

Unregistered Sales of Equity Securities The information set forth under

Completion of Acquisition or Disposition of Assets. The information set forth in

Entry into a Material Definitive Agreement. On March 24, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) and Standard Validator LLC, a Delaware limited liability company and a majority-owned and consolidated subsidiary of the Company (the “ Buyer ”), entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Pier Two Holdings Pty Ltd (“ Pier Two ”), an Australian proprietary company limited by shares, the sellers party thereto (the “ Sellers ”), certain preference…

Entry into a Material Definitive Agreement. On January 22, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) entered into a Separation Agreement and General Release (the “ Separation Agreement ”) with its President, Erik Nelson, memorializing the terms of his separation from the Company. The Company also provided Mr. Nelson notice of his separation on the same date. The Compensation Committee of the Board of Directors and the Board of Directors (the “ Board ”) each took action on J…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As described above under

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 23, 2026, the Board of Directors (the “ Board ”) of Bitmine Immersion Technologies, Inc. (the “ Company ”) appointed Young Kim to serve as a director (a “ Director ”) on the Board, effective immediately. Mr. Kim also executed an offer letter with the Company pursuant to which he will serve as Director (the “ Kim Offer Letter ”). Mr. Kim,…

Material Modification to Rights of Security Holders. On January 15, 2026, Bitmine Immersion Technologies, Inc. (the “ Company ”) held its annual meeting of stockholders (the “ Annual Meeting ”). At the Annual Meeting, as described below under Item 5.07, the stockholders of the Company, among other things, approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “ Certificate of Incorporation ”) to increase the total number of shares of common stock (the “…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 6, 2026, the Board of Directors (the “ Board ”) of Bitmine Immersion Technologies, Inc. (the “ Company ”) appointed Young Kim as Chief Financial Officer and Chief Operating Officer, effective January 1, 2026. Mr. Kim, age 48, is an investment executive with over two decades of experience managing multi-billion dollar global franchises. F…

Entry into a Material Definitive Agreement. On December 11, 2025, Bitmine Immersion Technologies, Inc. (the “Company”) entered into a Separation Agreement and General Release (the “Separation Agreement”) with its Chief Financial Officer, Raymond Mow, memorializing the terms of his transition and separation from the Company. The Company also provided Mr. Mow notice of his separation on the same date. The Compensation Committee of the Board of Directors (the “Committee”) and the Board of Direct…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As described above under