Form 8-K · Current Report · Filed 2025-09-22

BitMine Announces $365.24 Million Registered Direct Offering

BitMine Immersion Technologies, Inc. announced a registered direct offering of 5,217,715 shares of its common stock at $70 per share and warrants to purchase up to 10,435,430 shares at $87.50 per share. The offering is expected to close on September 23, 2025, and will generate approximately $365.24 million in gross proceeds, which the company intends to use to acquire Ether (ETH) and for general working capital purposes. The company also published a press release on September 22, 2025, announcing the offering.