BitMine Immersion Announces Significant Increase in ETH Holdings

Summary

BitMine Immersion Technologies, Inc. announced on November 10, 2025, via a press release that its crypto and cash holdings have reached $13.2 billion, including 3.5 million ETH tokens and $398 million in unencumbered cash. This update signifies the company's progress towards its goal of acquiring 5% of the ETH token supply, currently at 2.9%. The press release, furnished as Exhibit 99.1, also highlights the company's strong trading liquidity and the interest from institutional investors.