Form 8-K
8-K — BITMINE IMMERSION TECHNOLOGIES, INC.
Accession: 0001493152-26-013487
Filed: 2026-03-30
Period: 2026-03-30
CIK: 0001829311
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
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): March
30, 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
NYSE American LLC
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 March 30, 2026, Bitmine Immersion Technologies,
Inc. (the “Company”) issued a press release (the “Press Release”) providing an update
on the Company’s operations. A copy of the Press Release is attached as Exhibit 99.1 and is incorporated herein by reference.
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 No.
Description
99.1
Press Release, dated March 30, 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: March 30, 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 (BMNR) Announces ETH Holdings Reach 4.732 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion
Bitmine
has 3,142,643 staked ETH, representing $6.3 billion at $2,005 per ETH
MAVAN
(Made in America VAlidator Network) launched staking solution on March 25, 2026
MAVAN
is the premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience
Bitmine
now owns 3.92% of the ETH token supply, over 78% of the way to the ‘Alchemy of 5%’ in just 8 months
Bitmine
owns $102 million of ORBS, now one of the only publicly listed equities in the world to give investors direct exposure to OpenAI
Bitmine
Crypto + Total Cash Holdings + “Moonshots” total $10.7 billion, including 4.732 million ETH tokens, total cash of $961 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
is the 100th most traded stock in the US, trading $920 million per day (5-day avg)
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,
CT, March 30, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”)
a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto
+ total cash + “moonshots” holdings totaling $10.7 billion.
As
of March 29, 2026 at 6:00pm ET, the Company’s crypto holdings are comprised of 4,732,082 ETH at $2,005 per ETH (NASDAQ: COIN),
197 Bitcoin (BTC), $200 million stake in Beast Industries, $102 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”)
and total cash of $961 million. Bitmine’s ETH holdings are 3.92% of the ETH supply (of 120.7 million ETH).
“As
the Iran war enters its 5th week, ETH and crypto outperformed the broader market with ETH outperforming equities by 1,160bp. This is
a marked contrast to Gold (a traditional store of value), which has underperformed by more than 750 basis points. Crypto is demonstrating
itself to be a good ‘war time’ store of value,” said Thomas “Tom” Lee, Chairman of Bitmine.
“The
inverse correlation of crypto (and equities) to oil has been increasing and is at the highest levels in the past year. This is logical.
Until equity markets become comfortable with the future trajectory of oil prices, rising oil is a headwind for equities and crypto. And
in a sense, the crypto winter likely ends when the upside risk to oil prices peaks,” continued Lee.
“Bitmine
has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto
winter.’ In the past week, we acquired 71,179 ETH compared to an average of 45k to 50k weekly prior to that,” stated Lee.
Bitmine
announced the official launch of MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN
was originally developed to support Bitmine’s own Ethereum treasury, MAVAN intends to expand to serve institutional investors,
custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on
the MAVAN platform.
As
of March 29, 2026, Bitmine total staked ETH stands at 3,142,643 ($6.3 billion at $2,005 per ETH). “Bitmine has staked more ETH
than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the ETH staking
reward is $266 million annually (using 2.80% 7-day BMNR yield),” stated Lee.
“Annualized
staking revenues are now $177 million. And this 3.1 million ETH is about 66% of the 4.7 million ETH held by Bitmine. The CESR (Composite
Ethereum Staking Rate, administered by Quatrefoil) is 2.79%, while Bitmine’s own staking operations generated a 7-day yield
of 2.80% (annualized),” continued Lee.
Bitmine
crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 762,099 BTC
valued at $51 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine
is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume
of $920 million (5-day average, as of March 27, 2026), ranking #100 in the US, behind Freeport McMoRan (rank #99) and ahead of Delta
Airlines (rank #101) among 5,704 US-listed stocks (statista.com and Fundstrat research).
The
GENIUS Act and Securities and Exchange Commission’s (the “SEC”) Project Crypto are as transformational to financial
services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event
was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today.
These proved to be better investments than gold.
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 AMERICAN: 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
https://x.com/bmnrintern
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 progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value
of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company.
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 and proposed
future business; the competitive environment of Bitmine’s business; 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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