BitMine Responds to Regulatory Scrutiny on Crypto Treasury Companies

Summary

BitMine Immersion Technologies, Inc. has released a statement clarifying that it is fully compliant with NYSE American standards and does not require shareholder approval for issuing shares through its existing shelf registration and ATM program. The company emphasized that it is not subject to the new NASDAQ requirement for shareholder approval for issuing new shares to buy crypto, as it has already secured NYSE approval for its PIPE transaction on July 8, 2025.