Form 8-K · Current Report · Filed 2026-01-09

Bitmine Appoints New CFO and COO, Young Kim

Bitmine Immersion Technologies, Inc. announced on January 6, 2026, the appointment of Young Kim as both Chief Financial Officer and Chief Operating Officer, effective immediately. Mr. Kim, a seasoned investment executive with over two decades of experience in finance and venture capital, will be responsible for executing the company's roadmap and scaling its business. His employment agreement, which includes a base salary of $500,000, performance-based bonuses up to $750,000, and long-term incentive awards in the form of restricted stock units, was entered into on January 7, 2026. The company also issued a press release on January 9, 2026, announcing Mr. Kim's appointment, which included details about his background and the company's upcoming Annual Stockholder Meeting.