Form 8-K
8-K — BITMINE IMMERSION TECHNOLOGIES, INC.
Accession: 0001493152-26-036757
Filed: 2026-08-10
Period: 2026-08-10
CIK: 0001829311
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
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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): August 10, 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
9.50%
Series A Perpetual Preferred Stock, par value $0.0001
BMNP
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
August 10, 2026, Bitmine Immersion Technologies, Inc. (the “Company”) issued a press release (the “Press
Release”) announcing 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 August 10, 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:
August 10, 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 5.81 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion
Bitmine
owns 4.8% of the total ETH coin supply of 120.7 million
Bitmine
is 96% of the way to the ‘Alchemy of 5%’ in just 14 months
In
July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of
crypto
Bitmine
repurchased 3.0 million common stock in the past week, and has repurchased over 19 million shares cumulatively since July 2026 under
its previously announced $4 billion share repurchase program
Bitmine
was added to the Russell 1000 Large-cap index on June 26, 2026
Bitmine’s
Series A Preferred Stock is trading on the NYSE under the symbol BMNP
Bitmine
has 5,067,309 staked ETH, representing $9.8 billion at $1,928 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum
staking destination for BMNR and institutional investors
Bitmine
owns $69 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure
to OpenAI
Bitmine
Crypto + Total Cash Holdings & Marketable Securities + “Moonshots” total $11.6 billion, including 5.81 million ETH tokens,
total cash & marketable securities of $104 million, and other crypto holdings
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, August 10, 2026 /PRNewswire/ — (NYSE: 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 & marketable securities + “moonshots” holdings totaling $11.6 billion.
As
of August 9, 2026 at 6:30pm ET, the Company’s crypto holdings are comprised of 5,805,238 ETH at $1,928 per ETH (per Coinbase NASDAQ:
COIN), 209 Bitcoin (BTC), $180 million stake in Beast Industries, $69 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”)
and total cash & marketable securities of $104 million. Bitmine’s ETH holdings are 4.8% of the ETH supply (of 120.7 million
ETH).
“We
are disappointed that the CLARITY Act will not see a Senate vote before the August recess, but financial markets seem more focused on
the recent softer inflation and jobs data. The odds of a Sept. hike by the Federal Reserve have fallen to 40% from 75% two weeks ago,”
stated Thomas “Tom” Lee, Chairman of Bitmine. “We expect easing financial conditions to be a tailwind for crypto.”
“Since
Bitmine pivoted to an Ethereum Treasury strategy on June 30 of last year, sizable outperformance of ETH vs Bitcoin (monthly) has typically
been followed by Bitmine’s shares outperforming ETH over the following month. In July, ETH outperformed Bitcoin by 1,100bp similar
to July 2025, Dec 2025, March 2026 and in those instances, Bitmine’s shares saw strong outperformance over ETH in the following
two months.” continued Lee.
“We
continue to view Bitmine’s common shares as undervalued and the Company repurchased 3 million shares during the past week, bringing
total common equity repurchases to over 19 million common shares since the start of July. This buyback remains the largest ever executed
by any Ethereum, Bitcoin or crypto DAT (Digital Asset Treasury),” continued Lee. Since July 1, 2026, Bitmine has repurchased 19.1
million shares of common stock under the previously authorized $4 billion share repurchase program.
“Over
the past week, we acquired 7,391 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30,
2025 about 14 months ago,” stated Lee.
On
July 16, 2026, Bitmine released the latest Chairman’s Message (link here) for July 2026. The title of the Message is “ETH
is the cure for the Uncanny Valley of Wealth.”
Earlier
in 2026, Bitmine launched 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 August 9, 2026, Bitmine total staked ETH stands at 5,067,309 ($9.8 billion at $1,928 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 projected
ETH staking reward is $294 million on an annualized basis (using 2.63% 7-day BMNR yield),” stated Lee.
“Annualized
staking revenues are now projected at $257 million. And this 5.1 million ETH is 87% of the 5.81 million ETH held by Bitmine. Bitmine’s
own staking operations generated a 7-day yield of 2.63% (annualized),” continued Lee.
Bitmine’s
crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns
842,138 BTC valued at approximately $59 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine
management believes the GENIUS Act and the Securities and Exchange Commission’s (SEC) Project Crypto are as transformational to
financial services in 2026 as the US action on August 15, 1971, which ended the Bretton Woods system and took the U.S. dollar off 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
Immersion Technologies, Inc. (NYSE: BMNR) and its subsidiaries (“Bitmine” or the “Company”) is a blockchain technology
infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital
asset management. As the world’s leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional
investors and public market participants. The Company provides institutional-grade staking and validation infrastructure—through
which it earns staking rewards and validation income—alongside bitcoin mining activities. Bitmine holds digital assets strategically,
generating yield on those holdings to support liquidity and capital formation. During 2025, the Company expanded its blockchain infrastructure
capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company’s activities
further include investments in early-stage blockchain opportunities (“moonshot” investments) and ancillary mining, hosting,
and consulting services.
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” within the meaning of the Private Securities
Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that are not purely historical and can generally
be identified by terms such as “expects,” “projects,” “intends,” “plans,” “believes,”
“anticipates,” “estimates,” “forecasts,” “targets,” “goals,” “may,”
“will,” “would,” “could,” “should,” or similar expressions, or the negative of such terms,
or other comparable terminology. This press release specifically contains forward-looking statements regarding, among other things: (i)
the Company’s goal of acquiring 5% of the total ETH supply (the “Alchemy of 5%” initiative) and statements regarding
its progress toward this goal; (ii) the Company’s digital asset accumulation and treasury strategy, including statements regarding
continued weekly ETH acquisitions and the Company’s status as the largest ETH treasury in the world; (iii) the Company’s
staking operations, including projected annualized ETH staking rewards of approximately $294 million (assuming Bitmine’s ETH is
fully staked by MAVAN and its staking partners at scale), current projected annualized staking revenues of approximately $257 million,
and the 7-day yield of 2.63% (annualized); (iv) MAVAN’s intended expansion to serve institutional investors, custodians, and ecosystem
partners seeking best-in-class staking infrastructure; (v) the Company’s $4 billion share repurchase program, including statements
regarding the execution, size, and potential accretive value of such program; (vi) management’s views regarding the valuation of
the Company’s common shares and expectations regarding future stock price performance relative to ETH and other digital assets;
(vii) expectations regarding the relationship between ETH performance versus Bitcoin or the Nasdaq 100 and subsequent performance of
the Company’s shares; (viii) statements regarding the impact of macroeconomic factors, including Federal Reserve policy, inflation
data, and labor market conditions, on digital asset markets and financial conditions; (ix) management’s belief that the GENIUS
Act and SEC Project Crypto are transformational to financial services; (x) statements regarding the Company’s investment in Eightco
Holdings (NASDAQ: ORBS) as providing indirect exposure to OpenAI; and (xi) the future growth, advancement, and strategic direction of
the Company’s Ethereum treasury strategy and blockchain infrastructure capabilities.
These
forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those
expressed or implied. Factors that could cause or contribute to such differences include, but are not limited to: the extreme volatility
and unpredictability of digital asset prices, including ETH and Bitcoin; changes in market conditions affecting the trading price of
the Company’s common stock and Series A Preferred Stock; the Company’s ability to successfully execute its digital asset
acquisition strategy and achieve its ETH accumulation targets; the Company’s ability to finance its business operations, Ethereum
treasury operations, MAVAN expansion, and share repurchase activities; operational, security, and technological risks associated with
the Company’s staking and validation operations, including network failures, cybersecurity breaches, and protocol changes; competition
in the digital asset treasury, staking, and mining industries; the Company’s dependence on key personnel, including executive leadership;
regulatory developments affecting digital assets, blockchain technology, and staking activities in the United States and globally, including
the ultimate enactment, implementation, and interpretation of the GENIUS Act, CLARITY Act, and other pending legislation and regulatory
initiatives; actions by the SEC, CFTC, and other regulatory bodies affecting digital assets and related businesses; risks related to
the Company’s investments in early-stage blockchain opportunities (“moonshot” investments), including the investment
in Eightco Holdings; macroeconomic factors, including inflation, interest rates, Federal Reserve monetary policy, and general economic
conditions affecting investor sentiment toward digital assets; changes to the Ethereum protocol, including staking mechanics, validator
requirements, and reward structures; risks related to AI systems and their potential impact on cryptocurrency markets and blockchain
technology; the performance of third-party service providers, exchanges, and custodians; risks related to the concentration of the Company’s
assets in digital currencies; and the other risk factors described in the Company’s filings with the SEC.
The
forward-looking statements contained in this press release are based on information available to management as of the date of this release
and reflect management’s current expectations, estimates, forecasts, and projections, as well as management’s assumptions
and beliefs concerning future events. Actual results may vary materially from those expressed or implied by forward-looking statements
based on a number of factors, including those described above and in the Risk Factors section of the Company’s Annual Report on
Form 10-K for the fiscal year ended September 30, 2025 filed with the SEC on November 21, 2025, the Company’s Quarterly Reports
on Form 10-Q, and the Company’s other filings with the SEC, as amended or updated from time to time. Copies of these filings are
available on the SEC’s website at www.sec.gov and on the Company’s website at https://Bitminetech.io/investor-relations/.
Forward-looking statements speak only as of the date on which they are made. Bitmine expressly disclaims any obligation or undertaking
to update, revise, or supplement any forward-looking statements to reflect any change in its expectations or any change in events, conditions,
or circumstances on which any such statements are based, except as required by applicable law or regulation.
SOURCE
Bitmine Immersion Technologies, Inc.
MEDIA
CONTACT:
Marcy
Simon
Marcy@agentofchange.com
+19178333392
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