Form 8-K · Current Report · Filed 2026-09-08
Bitmine Immersion Technologies Terminates Management Services Agreement with Ethereum Tower
Bitmine Immersion Technologies, Inc. has terminated its Management Services Agreement (MSA) with Ethereum Tower LLC, effective September 3, 2026. The MSA, which provided strategic planning and operational management services for the company's Ethereum staking operations, was terminated through a Mutual Termination Agreement. In connection with the termination, the company's subsidiary, MAVAN Holdings LLC, has entered into a new services agreement with American Validator LLC, an affiliate of Ethereum Tower, to provide advisory services for its Ethereum staking operations. Additionally, the company announced that its crypto holdings, including 5.93 million ETH tokens, total $15.7 billion, with significant contributions from its investments in crypto and other assets.
- Filer
- Bitmine Immersion Technologies, Inc. BMNR · NYSE
- Filed
- Accession
- 0001493152-26-041713
- CIK
- 0001829311
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
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$24.97
Since filing
+0.0%
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$24.97
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About Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. is a blockchain technology company based in Las Vegas, Nevada. The company focuses on acquiring, holding, and actively managing ether (ETH) as its primary treasury reserve asset, positioning itself as a large-scale participant in the digital asset ecosystem. Bitmine Immersion Technologies provides digital asset ecosystem services, including consulting and advisory engagements for clients involved in bitcoin and broader blockchain activities, as well as equipment leasing and related services. It is involved in BTC ecosystem services such as facilitating and optimizing third-party power and hosting arrangements, and it emphasizes disciplined BTC and digital asset treasury management. In addition, the company sells mining equipment to customers and related parties, supporting infrastructure for digital asset mining operations. Operating primarily in the United States, Bitmine Immersion Technologies plays a role at the intersection of blockchain infrastructure, digital asset treasury management, and advisory services for institutional and commercial participants in the crypto economy.
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