BitMine Immersion (BMNR) Statement on NYSE American Listing and Access to Capital Markets

Core Insights - BitMine is a leading Ethereum treasury company that is fully compliant with NYSE standards and was listed on July 8, 2025 [1] - The company can issue shares through its existing shelf registration without needing shareholder approval [1][2] - BitMine's operations focus on accumulating crypto for long-term investment, including Bitcoin mining and advisory services [3] Company Operations - BitMine operates in low-cost energy regions, specifically in Trinidad, Pecos, Texas, and Silverton, Texas [3] - The company engages in Bitcoin mining, synthetic Bitcoin mining, and offers advisory services to companies interested in earning Bitcoin-denominated revenues [3] Regulatory Environment - NASDAQ has increased scrutiny on crypto treasury companies, requiring shareholder approval for certain share issuances related to crypto [2] - BitMine is not affected by these NASDAQ requirements due to its existing NYSE approval and the completion of its PIPE transaction [3]