BitMine Immersion Technologies, Inc. Buys 100 Bitcoin in First Purchase of Company Bitcoin Treasury Strategy

Company Overview - BitMine Immersion Technologies, Inc. is focused on the accumulation of Bitcoin for long-term investment through its Bitcoin mining operations and capital raising transactions [1][2] - The company operates in low-cost energy regions including Trinidad, Pecos, Texas, and Silverton, Texas [2] Recent Developments - BitMine announced the purchase of 100 Bitcoin for its Bitcoin Treasury business line, funded by its recent common stock offering that closed on June 6, 2025 [1] - CEO Jonathan Bates expressed excitement about the first open market purchase of Bitcoin and indicated plans for more purchases in the future [2]