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Form 8-K · Current Report · Filed 2025-06-18

BitMine Immersion Technologies Completes Bitcoin Purchases from Public Offering Proceeds

On June 17, 2025, BitMine Immersion Technologies, Inc.

Filer
BMNR BMNR
Filed
Accession
0001683168-25-004583
CIK
0001829311
Signal
Low impact

Details

announced that it completed the purchase of 154.167 Bitcoin using the net proceeds of approximately $16.340 million from its public offering, which closed on June 6, 2025. The Company spent $16.347 million to acquire these Bitcoins at an average price of $106,033 per Bitcoin. Jonathan Bates, the CEO, expressed excitement about establishing the Bitcoin Treasury. This press release is part of a Regulation FD Disclosure under Item 7.01.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$4.82

Next session

-4.4%

Since filing

+258.5%

Latest close

$17.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BMNR reporting the same item, with the next session's move:

Exhibits (1)

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