# EDGAR Filing Document

**Accession Number:** 0001829311
**File Stem:** 0001493152-26-025174
**Filing Date:** 2026-5
**Character Count:** 14216
**Document Hash:** b96026035593bf64d06479117c87f6f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-025174.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001493152-26-025174

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260526

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BITMINE IMMERSION TECHNOLOGIES, INC.
- **CENTRAL INDEX KEY:** 0001829311
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 843986354
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42675
- **FILM NUMBER:** 261016057

**BUSINESS ADDRESS:**
- **STREET 1:** 800 CONNECTICUT AVENUE
- **CITY:** NORWALK
- **STATE:** CT
- **ZIP:** 06854
- **BUSINESS PHONE:** 203-401-8200

**MAIL ADDRESS:**
- **STREET 1:** 800 CONNECTICUT AVENUE
- **CITY:** NORWALK
- **STATE:** CT
- **ZIP:** 06854

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sandy Springs Holdings, Inc.
- **DATE OF NAME CHANGE:** 20201021

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 26, 2026

**BITMINE IMMERSION TECHNOLOGIES, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-42675** | **84-3986354** |
| (State or other jurisdiction<br> of incorporation or organization) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**800 Connecticut Avenue**

**Norwalk, Connecticut 06854**

(Address of principal executive office) (Zip Code)

**203-401-8200**

(Registrants' telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Common Stock, par value $0.0001** | **BMNR** | **The New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 7.01 Regulation FD Disclosure.**

On May 26, 2026, Bitmine Immersion Technologies, Inc. (the "***Company***") issued a press release (the "***Press Release***") providing an update on the Company's operations. A copy of the Press Release is attached as Exhibit 99.1 and is incorporated herein by reference.

The information under this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the "***Exchange Act***") or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits**

(d) Exhibits.

<u>Exhibit No.</u> <u>Description</u> <br> 99.1 [Press Release, dated May 26, 2026.](ex99-1.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Bitmine Immersion Technologies, Inc.** | **Bitmine Immersion Technologies, Inc.** |
| Dated: May 26, 2026 | By: | */s/ Chi Tsang* |
|  | Name: | Chi Tsang |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion**

***Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million***

***Bitmine is 89% of the way to the 'Alchemy of 5%' in just 11 months***

 

***Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains***

***Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026***

 

***Bitmine has 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH***

 ****

***MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience***

 

*Bitmine owns $95 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI*

 

*Bitmine Crypto + Total Cash Holdings + "Moonshots" total $12.3 billion, including 5.39 million ETH tokens, total cash of $444 million, and other crypto holdings*

 

*Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock*

 

*Bitmine is the 193rd most traded stock in the US, trading $572 million per day (5-day avg)*

 

*Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH*

NORWALK, CT, May 26, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto *+ total cash + "moonshots"* holdings totaling $12.3 billion.

The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026. The Company's common stock continues to trade under the symbol "BMNR."

As of May 25, 2026 at 1:00pm ET, the Company's crypto holdings are comprised of 5,390,404 ETH at $2,134 per ETH (Coinbase NASDAQ: COIN), 203 Bitcoin (BTC), $200 million stake in Beast Industries, $95 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $444 million. Bitmine's ETH holdings are 4.47% of the ETH supply (of 120.7 million ETH).

On May 11, 2026, Bitmine released the latest Chairman's Message (<u>link here</u>) for May 2026.

"We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. And thus, we continue to steadily acquire ETH, with Bitmine now owning nearly 5.4 million ETH tokens," stated Thomas "Tom" Lee, Chairman of Bitmine.

"Over the past week, we acquired 111,942 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Lee.

Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of May 25, 2026, Bitmine total staked ETH stands at 4,712,917 ($10.1 billion at $2,134 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $276 million annually (using 2.75% 7-day BMNR yield)," stated Lee.

![](ex99-1_001.jpg)

"Annualized staking revenues are now $276 million. And this 4.7 million ETH is over 87% of the 5.39 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.75% (annualized)," continued Lee.

Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,869 BTC valued at $64.1 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $572 million (5-day average, as of May 22, 2026), ranking #193 in the US, behind Trane Technologies (rank #192) and ahead of Delta Airlines (rank #194) among 5,704 US-listed stocks (statista.com and Fundstrat research).

![](ex99-1_002.jpg)

The GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman's message can be found here:

<u>https://www.Bitminetech.io/chairmans-message</u>

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/

To stay informed, please sign up at: https:<u>//Bitminetech.io/contact-us/</u>

**About Bitmine**

<u>Bitmine</u> (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:

<u>https://x.com/bitmnr</u>

<u>https://x.com/fundstrat</u>

**Forward Looking Statements**

This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the expectation that Bitmine will reach this goal in 2026; (ii) the Company's expectations regarding the cryptocurrency market, including the expectation of a supercycle ahead for crypto and Ethereum driven by Wall Street tokenization and agentic AI; (iii) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (iv) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards of $276 million; (v) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (vi) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (vii) the Company's characterization of market conditions as an attractive opportunity for ETH acquisition. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SOURCE Bitmine Immersion Technologies, Inc.

**MEDIA CONTACT:**

Marcy Simon

Marcy@agentofchange.com

+19178333392