BitMine targets acquiring 5% of ETHBitMine's Ethereum treasury strategy to strengthen broader Ethereum ecosystemLAS VEGAS, July 23, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies ("BitMine" or the "Company"), a crypto mining company with a treasury strategy to acquire 5% of ETH, today announced that the Company's common stock is now available for options trading on the New York Stock Exchange ("NYSE"). BitMine Immersion Technologies, Inc. Trading in BitMine options commences ...

Cathie Wood's ARK Invest has acquired $182 million of BMNR equity across multiple of its Funds, representing 4,773,444 common shares100% of net proceeds of $177 million from ARK sale to be used to acquire ETHCathie Wood, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital support BitMine's goal of acquiring 5% of ETHLAS VEGAS, July 22, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) ("BitMine" or the "Company") today announced ARK Invest acquired 4,773,444 shares of BitMine common stock totalling $1 ...

Group 1 - Companies are increasingly diversifying their cryptocurrency holdings beyond Bitcoin, with a notable rise in Ethereum and its native token Ether as part of their strategy to engage with decentralized finance and the underlying technology infrastructure [1][2] - Coinbase Global holds over $440 million in Ethereum assets, reflecting a trend where more companies are incorporating cryptocurrency into their balance sheets [1] - Ethereum's price surged 60% in the past month, currently hovering around $3,800, although it remains below its historical high of $4,600 reached in 2021 [1] Group 2 - Ethereum has over 51% market share, becoming the mainstream infrastructure for businesses and consumers to transact directly without banks, with tokenization seen as a "killer app" for Ethereum [2] - Companies like BitMine and SharpLink Gaming are actively raising funds to purchase Ether, mirroring the strategies of firms increasing their Bitcoin holdings [2] - BitMine recently announced it holds over $1 billion in Ether, positioning itself as a pure play on Ethereum, which reflects a strong belief in its long-term value [3] Group 3 - The recent signing of the GENIUS Act by Trump, which regulates stablecoins, has positively impacted companies like Circle, whose stock surged over 600% since its IPO, as it operates on the Ethereum network [3] - Not all companies view Ethereum and Bitcoin equally; some, like Strategy, remain focused solely on Bitcoin, while others see Ethereum as a complementary strategy rather than a replacement [4] - The value of blockchain networks and assets like Ether is expected to rise as more enterprises and institutional investors innovate on the blockchain [4]

Company's current total of approximately $1 billion of ETH1 exceeds the initial $250 million PIPE proceeds by over 300% BitMine's ETH1 holdings exceed 300,000Company's Ethereum treasury strategy to strengthen broader Ethereum ecosystem LAS VEGAS, July 17, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) ("BitMine" or the "Company") today announced holdings of ETH and ETH equivalents1 exceeding $1 billion. The Company closed on its initial private placement of $250 million on July 8th in furtherance of its asset l ...

Peter Thiel filed with the SEC today to disclose a 9.1% stake in Tom Lee's BitMine (BMNR) 🤯BMNR up 12% after hours on the news https://t.co/axWYDH3Ti6 ...

Core Insights - BitMine has surpassed $500 million in Ethereum (ETH) holdings, exceeding the initial $250 million raised through a private placement by over 100% [1][2] - The company's current ETH holdings total 163,142 at a price of $3,072.67 per ETH [1] - The strategy aims to strengthen the broader Ethereum ecosystem and increase the company's stake in the Ethereum network [2][3] Company Strategy - The CEO of BitMine expressed satisfaction with the significant addition to the ETH treasury just three days after closing the private placement [3] - The company aims to increase ETH held per share through reinvestment of cash flows, capital markets activities, and staking yield [3] - BitMine's approach is compared to other companies like Microstrategy, which has benefited from large Bitcoin holdings, suggesting a similar potential for ETH treasuries [4] Business Operations - BitMine focuses on long-term investment in Bitcoin and Ethereum, with operations in low-cost energy regions [5] - The company engages in Bitcoin mining, synthetic Bitcoin mining, and advisory services related to Bitcoin [5]

Core Viewpoint - BitMine has successfully closed a $250 million private placement to adopt Ethereum (ETH) as its primary treasury reserve asset, aiming to strengthen the Ethereum ecosystem [1][2]. Group 1: Private Placement Details - The private placement was funded through a combination of cash and cryptocurrency, with participation from notable investors such as Founders Fund, Pantera, and Kraken [1]. - The proceeds will be used to purchase ETH, allowing BitMine to implement its Ethereum treasury strategy while maintaining core business operations [2]. Group 2: Ethereum Treasury Strategy - BitMine's strategy involves increasing the amount of ETH held per share and leveraging the value of ETH through reinvestment and capital market activities [3]. - The company aims to contribute to Ethereum's economic security by staking a growing share of ETH, which is expected to attract institutional capital and enhance demand for ETH [3]. Group 3: Market Context - The stablecoin market is projected to grow to $2 trillion, with Ethereum being the primary blockchain for stablecoin transactions, positioning BitMine to benefit from this growth [2]. - The adoption of stablecoins by consumers and financial services providers underscores the relevance of Ethereum in the current market landscape [2]. Group 4: Company Overview - BitMine focuses on accumulating cryptocurrencies for long-term investment, with operations in Bitcoin mining and advisory services related to Bitcoin [7]. - The company operates in low-cost energy regions, enhancing its operational efficiency [7].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 000-56220 BITMINE IMMERSION TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 28, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) | Delaware | 84-3986354 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organizati ...

Exhibit 99.1 BitMine Reports Fiscal 1st Quarter 2025 Financial Results Significantly Increases Deployment of Miners to Benefit from Rapidly Appreciating Bitcoin Prices January 13, 2025, Las Vegas, Nevada Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company" (OTCQX: BMNR), a technology company focused on Bitcoin mining today announced its operating results and operational update for its first fiscal quarter ended November 30, 2024 : Bitmine Immersion Technologies, Inc. Condensed Statements of Oper ...