Form 8-K
8-K — BITMINE IMMERSION TECHNOLOGIES, INC.
Accession: 0001493152-26-015825
Filed: 2026-04-09
Period: 2026-04-09
CIK: 0001829311
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
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8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): April 9, 2026
BITMINE
IMMERSION TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-42675
84-3986354
(State
or other jurisdiction of
incorporation or organization)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
800
Connecticut Avenue
Norwalk,
Connecticut 06854
(Address
of principal executive office) (Zip Code)
203-401-8200
(Registrants’
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock, par value $0.0001
BMNR
The
New York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging
Growth Company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01. 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 amended, (the “Exchange Act”) or otherwise subject to the liabilities of that section,
and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Description
99.1
Press Release, dated April 9, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Bitmine
Immersion Technologies, Inc.
Dated:
April 9, 2026
By:
/s/
Chi Tsang
Name:
Chi
Tsang
Title:
Chief
Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Bitmine
Immersion Technologies (NYSE: BMNR) Announces Uplisting to New York Stock Exchange and Expansion of Share Repurchase Program to $4 Billion
Joining
NYSE “Big Board” represents a major milestone for Bitmine, the world’s largest holder of Ethereum
Bitmine
now owns 3.98% of the ETH token supply, over 79% of the way to the ‘Alchemy of 5%’ in just 9 months
Bitmine
Crypto + Total Cash Holdings + “Moonshots” total $11.4 billion, including 4.803 million ETH tokens, total cash of $864 million,
and other crypto holdings
Bitmine
leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine
remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller
III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring
5% of ETH
NORWALK,
Conn., April 9, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) (NYSE:
BMNR), a Bitcoin and Ethereum network company focused on long-term crypto asset accumulation, today announced its successful uplisting
to the New York Stock Exchange (“NYSE”). The Company’s common stock will begin trading on the NYSE at market open on
April 9, 2026, under its existing ticker symbol “BMNR,” following its transition from the NYSE American, where it ceased
trading at the close of market on April 8, 2026.
“Today,
Bitmine achieved a major milestone by being uplisted to the ‘Big Board’ NYSE. The NYSE is the most prestigious venerable
stock exchange with a storied history. The NYSE is the envy of capital markets around the world and Bitmine is proud to be the newest
company traded on this exchange,” said Thomas “Tom” Lee, Chairman of Bitmine.
“We
are pleased to welcome Bitmine to the New York Stock Exchange,” said Chris Taylor, NYSE Group Chief Development Officer. “With
its focus on advancing the Ethereum ecosystem, Bitmine is a strong addition to the NYSE community.”
In
addition to the uplisting, Bitmine’s Board of Directors has unanimously approved an expansion of the Company’s 2025 share
repurchase program, increasing the total authorization from $1.0 billion to $4.0 billion. This buyback authorization is among the 10
largest buybacks announced in 2026, according to data provided by Fundstrat.com.
“Bitmine’s
expanded $4 billion buyback reflects our commitment to shareholders,” stated Lee. “There may be a time in the future when
Bitmine shares are trading below intrinsic value, and the Company wants to be in a position to accretively retire common shares.”
The
repurchase program, originally approved on July 25, 2025, will continue under its other existing terms. Repurchases may be executed through
open market transactions in accordance with Rule 10b-18 under the Securities Exchange Act of 1934, pursuant to the Company’s agreement
with Cantor Fitzgerald & Co. The $4.0 billion authorization includes any shares previously repurchased under the program.
Bitmine
continues to execute aggressively on its digital asset accumulation strategy. As of April 6, 2026, the Company held approximately 4.803
million ETH, representing 3.98% of the total Ethereum supply and over 79% of the way toward its stated goal of the ‘Alchemy of
5%.’
The
Chairman’s message can be found here:
https://www.Bitminetech.io/chairmans-message
The
Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To
stay informed, please sign up at: https://Bitminetech.io/contact-us/
About
Bitmine
Bitmine
(NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury
company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided
by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging
native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America
VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
For
additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
Forward
Looking Statements
This
press release contains statements that constitute “forward-looking statements.” The statements in this press release that
are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking
statements regarding: (i) progress and achievement of the Company’s goals regarding ETH acquisition, including the ‘Alchemy
of 5%’ initiative and the long-term value of Ethereum; (ii) continued growth and advancement of the Company’s Ethereum treasury
strategy and the applicable benefits to the Company; (iii) the Company’s share repurchase program, including statements regarding
shares trading below intrinsic value, the Company’s ability to accretively retire common shares, and the execution of repurchases
through open market transactions; (iv) the Company’s digital asset accumulation strategy and staking operations, including MAVAN;
and (v) the Company’s financial flexibility to support its treasury operations and expanded repurchase authorization. In evaluating
these forward-looking statements, you should consider various factors, including: Bitmine’s ability to keep pace with new technology
and changing market needs; Bitmine’s ability to finance its current business, Ethereum treasury operations, share repurchase program,
and proposed future business; the competitive environment of Bitmine’s business; market conditions affecting the trading price
of the Company’s common stock; regulatory developments affecting digital assets; and the future value of Bitcoin and Ethereum.
Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking
statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk
Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or
updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine
undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SOURCE
Bitmine Immersion Technologies, Inc.
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+19178333392
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