Form 8-K

8-K — BITMINE IMMERSION TECHNOLOGIES, INC.

Accession: 0001493152-26-033460

Filed: 2026-07-16

Period: 2026-07-16

CIK: 0001829311

SIC: 6199 (FINANCE SERVICES)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

EX-99.2 (ex99-2.htm)

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT PURSUANT TO SECTION 13 OR 15(d)

THE SECURITIES EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): July 16, 2026

BITMINE

IMMERSION TECHNOLOGIES, INC.

(Exact

name of registrant as specified in its charter)

Delaware

001-42675

84-3986354

(State

or other jurisdiction

incorporation or organization)

(Commission

File

Number)

(IRS

Employer

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

9.50% Series A Perpetual

Preferred Stock, par value $0.0001

BMNP

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 ☒

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.

July 16, 2026, Bitmine Immersion Technologies, Inc. (the “Company”) published an investor presentation

(the “Presentation”) given by Tom Lee, Executive Chairman of the Board of Directors of the Company, that it

plans to use for investor relations and other purposes. A copy of the Presentation is attached as Exhibit 99.1 and is incorporated herein

by reference.

July 16, 2026, the Company released a video (the “Video”) of the Presentation. A copy of the transcript

for the Video is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

July 16, 2026, the Company issued a press release (the “Press Release”) announcing the Presentation

and Video. A copy of the Press Release is attached as Exhibit 99.3 and is incorporated herein by reference

The

information under this Item 7.01, including Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3, 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.

Exhibit

No.

Description

99.1

Presentation, dated July 16, 2026.

99.2

Transcript

of Video, dated July 16, 2026.

99.3

Press Release, dated July 16, 2026.

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.

Dated:

July 16, 2026

By:

/s/

Chi Tsang

Name:

Chi Tsang

Title:

Chief Executive Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

EX-99.2

Filename: ex99-2.htm · Sequence: 3

Exhibit 99.2

Bitmine

Immersion Technologies, Inc. (NYSE: BMNR)

Chairman’s

Message — July 2026

“Ethereum

is the Cure for the Uncanny Valley of Wealth”

Video

Transcript

Tom

Lee: Hi there, this is Tom Lee. I’m the Chairman of Bitmine Immersion Technologies, ticker BMNR, and this is our Chairman’s

Message for July 2026. The title of this message is “Ethereum is the Cure for the Uncanny Valley of Wealth.” Here are some

disclaimers, and here’s a brief outline, it’s in three parts.

Part

one, there have been macro headwinds in early 2026, but we believe there are signs of a bottom in crypto. So you may be wondering, why

is crypto so weak, especially considering that in 2022, during that crypto bear market, there was a huge amount of deleveraging, a huge

amount of regulatory headwinds, and a downturn in activity.

2026, the headwinds have been, number one, monetary policy flipped from dovish to hawkish. And what I mean by that is, at the start of

this year, the bond market was pricing in two cuts from the Fed. But because of the Iran war, and partly from AI spending, that’s

now shifted to 1.6 hikes. So the bond market has removed four cuts from 2026. That’s a lot of tightening. That being said, I think

the bond market is going to start pricing in cuts this year. One of the reasons is because inflation is pretty weak, look at the June

Core CPI, which came out on July 14th. That number for Core was negative for the month. There was actually deflation in the U.S. It’s

been a long time since Core CPI has had deflation. And in general, we believe the inflation story is much weaker than many people believe.

The

second is the Clarity Act. That’s an important act. It’s in limbo. That provides a framework so that we know which regulatory

body can set national policy for crypto, in this case it’s the CFTC. But the prediction markets only see a 44% chance the Clarity

Act gets signed into law, which is below 50%. Insiders in the industry think it’s much higher. So, for instance, Coinbase’s

vice chairman thinks we’re at the one-yard line. And Senator Cynthia Lummis, who has been working tirelessly on this, believes

that we are at the point where they’re going to land the plane.

The

third has been AI FOMO. In case you haven’t noticed, a lot of AI stocks have done very well, and 86% of all venture dollars this

year have gone into AI. That’s siphoning money away from crypto. But things may be changing. For instance, Chamath [Palihapitiya]

on CNBC said, “I think you’re going to start to see a little bit of the wheels come off of AI spending and profits.”

Well, when that starts to cool, that’s good for crypto.

The

fourth is the crypto sector depends on the financial sector as the umbrella. And if you look at the S&P 500 sectors year to date,

leading year to date are things like memory, tech, semis, energy, and materials, all related to the AI supply chain. And financials are

one of the worst sectors year to date. So that acts as a headwind for crypto.

But

we believe crypto spring is here, and it’s not a straight line higher. DeMark Analytics and Tom DeMark, who is our timing advisor

for market purchases of crypto, believes everything appears to be in order for a market bottom and that the Ethereum risk-reward is to

the upside. These are pretty constructive comments. He’s citing the 1987 analog, Ethereum today looks a lot like the S&P in

1987. And as you can see, in 1987, over the next month, the S&P recovered nicely. This implies 2,200 for Ethereum in August.

Steve

Suttmeier, former Bank of America technical strategist, actually put out an alert. He says ETH is stabilizing on a tactical basis, and

he believes that if we can clear several key levels, we can see 2,225 to 2,239, very similar to Tom DeMark’s targets in about a

month.

Now,

you might say, well, let’s say crypto is bottoming. You also have to believe in a future. And I think the future market for Ethereum

is exponential. Here’s some wisdom from Warren Buffett in his 1987 shareholder letter. He said, “The market may ignore business

success for a while, but eventually will confirm it.” Well, ETH currently, I think, is in its 1.0 phase, and it’s transitioning

to 2.0. In the 1.0 phase, Ethereum had the ICO boom and the NFT boom, that brought Ethereum to almost 5,000 in 2022. And then in the

last 18 months, we had ETFs and stablecoins, and that brought Ethereum almost to 5,000. But that was the 1.0, and currently Ethereum

is in a drawdown. Many people are going to look at ETH here and say, look, the top of the range is 5,000, and they don’t see further

upside. But I’m going to disagree. I think people are rage quitting at the bottom for Ethereum here.

Why

am I saying that? Well, unlike the crypto bear market of 2022, Wall Street is building on Ethereum. There have been major tokenization

wins over the past 12 months, BlackRock’s BUIDL, JPMorgan’s MONY, Securitize has continued to have a lot of success, Ondo

Finance as well. And there have been a lot of Layer 2 wins, Robinhood’s chain, Coinbase, Kraken’s Ink. But maybe the most

notable breakout is Robinhood Chain, built on Arbitrum this year. Vlad [Tenev], who runs Robinhood, believes that everything running

on traditional rails will eventually become on-chain, tokenized. Now, that’s a view that we hold as well, but that’s a big

deal. And Robinhood Chain, which just launched in July, has now processed more volume than many crypto exchanges, on July 9th it was

560 million. That’s already crossed a billion as of today. In fact, as we point out, Robinhood Chain is a big deal because it uses

ETH as the native gas token. The transaction fees are denominated in ETH, and they settle on the Ethereum L1. Guess what? That sounds

like ETH is money. That’s why I think this is important, Robinhood Chain is making ETH money. And here are a bunch of other bullet

points, but let me just highlight again: Robinhood Chain uses ETH as its native gas token. And it’s not just real-world assets

that work well on this chain, it’s memes as well.

Ethereum

also, unlike the 2022 bear market, has a continued deep and growing developer bench. There are nearly six thousand developers on the

EVM stack, or Ethereum, that’s more than all the other chains listed on this table. And by continent, and this is data from Electric

Capital, Ethereum is the number one ecosystem in Asia, Europe, North America, Africa, and South America. So again, I’m going to

come back to this statement from Warren Buffett from 1987: “The market may ignore business success for a while, but eventually

will confirm it.”

what does this mean for ETH 2.0? Well, let’s look at Amazon as an analog. Amazon 1.0 saw Amazon, from 1998 to 2010 — a 13-year

period — be stuck at a $6 peak for 12 years. And in the middle of that period, AWS was launched, which was a huge deal, because

over the next 12 years AWS became massive, along with Prime Day, Amazon Studios, and their AI focus. But look what happened to the stock.

Amazon 2.0, the stock went from $6 to $241.

Look

at NVIDIA and their transition from a 1.0 company to a 2.0. In that 17-year period listed here, NVIDIA had the CUDA platform, which was

actually an important programming language that’s still what’s used for GPUs today, and it’s the main reason why NVIDIA

has almost a near monopoly on high-end AI chips. And then in the 2014 period, their chips were used by crypto miners. Yet NVIDIA stock

basically kept peaking at a dollar. Then NVIDIA 2.0, ChatGPT was launched in late 2022, Blackwell got announced in 2024, and the rest

is history. The stock went from $1 to $197, almost a 200x, as NVIDIA went to 2.0.

And

the final example I’m going to give you, as addressable markets expand, is JPMorgan. JPMorgan, over this 30-year period, transformed.

Now, keep in mind, the JPMorgan of today is not the JPMorgan that saved America in 1907. Actually, the JPMorgan of today started off

as Chase. Chase acquired Chemical and Manufacturers Hanover Bank. In the year 2000, Chase acquired J.P. Morgan. And then over the next

15 years, it acquired Bear Stearns, Bank One, Washington Mutual. But despite all that — you can see these acquisitions here. JPMorgan

was stuck and peaked at around $70. But with the acquisitions of J.P. Morgan and Bear Stearns, Chase became a truly global bank. And

as you can see, the 2.0 played out over the next 15 years, and JPMorgan’s stock went from $58 to $334. So you can see, when the

addressable market increases, the asset price rises. And sometimes it takes time.

Well,

that’s why I’m talking about ETH because ETH 2.0 is the period when Ethereum not only becomes central to a lot of growth

vectors, but ETH the asset becomes money.

the first thing that’s going to drive this is that we are in a new foundation era. The Ethereum Foundation, which is a nonprofit,

is still central to a lot of the core for Ethereum, but it’s not the only story. In fact, today, given regulations, it may no longer

be necessary to have nonprofit foundations.

The

second is agentic AI is becoming an important crypto story. Now, you might wonder, how is this possibly a crypto story? Let me explain.

I believe in the next few years there’s going to be something that people talk about called the uncanny valley of wealth. Japanese

roboticist Masahiro Mori, in 1970, published an essay titled “The Uncanny Valley,” and what he was referring to is the hypothesis

that you get unsettled when a robot looks too human. I think that’s going to happen in the agentic world. And what do I mean by

that? Well, consider the x-axis being the percentage of wealth created by AI, and the y-axis is your satisfaction with AI. AI today can

do complex reasoning, multitasking, agentic trading. Generally, that’s good progress, and we’re satisfied, it actually helps

our lives. And it may start to have a machine-to-machine economy, and it might be a rising share of income, but we’ll still be

satisfied because we’re making more money. But at some point, AI could actually be wealthier than us. Yes, I’m saying in

the future there could be a date, and it may not be far away, that your agent produces more income than you personally produce. I think

at that point you’re going to wonder if you work for AI. Let me explain okay. And I think it’s going to give you a fear of

the future. What could this AI do? Well, in the future, if you give too much authority and delegate too much authority, they could send

unauthorized emails. They could take over our bank accounts. They could take over our social media. They could take over our assets.

They could actually get us fired from our job. And maybe they create their own banking system. In fact, Stanford grads walked out of

their commencement when the CEO of Google took the stage. And there are already hundreds of thousands of members of anti-AI groups, including

a group called the Zizians, which has actually already murdered people. Does this remind you of The Terminator, and Sarah Connor, and

Skynet? Well, that movie is 40 years old. And we already know that non-humans are the majority share of Polymarket trading, web traffic,

emails. You can see non-humans are an increasing share of all content created. And that’s why Marc Andreessen of a16z said that

the grand unification is of AI and crypto. AI agents are going to need money.

And

so we would argue that blockchain is the barrier between humans and AI. First of all, if it’s not blockchains, I don’t think

we’re going to trust governments, we won’t trust financial institutions, and we won’t trust tech companies, because

all three of those could be taken over by AI. I think it’s a smart contract blockchain. And if that’s the case, then we’ll

be satisfied when AI can produce a lot of income, because humanity will ultimately win.

The

third driver of ETH 2.0 is that ETH is going to be the settlement layer for finance. We’ve already seen a lot of the Ethereum spin-offs

from the Foundation, ETH Labs, Ethereum Institutional, ETH Systems, all driving this future. And finally, I think we’re going to

conclude that ETH is money, because if you’re going to hold it for transaction fees and as working capital, that’s what makes

ETH money.

Now,

I want to get to this point, because you might be skeptical of the future of how crypto plays a role. But let me play a clip. This is

from 1995, Bill Gates talking to David Letterman about the internet. But you’ve got to listen to this. It’s about a minute.

[Begin

video clip — Late Show with David Letterman, 1995]

David

Letterman: And what about this internet thing? Do you know anything about that? [laughter]

Bill

Gates: Sure.

David

Letterman: What the hell is that exactly?

Bill

Gates: Well, it’s become a place where people are publishing information. So everybody can have their own homepage. Companies

are there — the latest information. It’s wild what’s going on. You can send electronic mail to people. It is the big

new thing.

David

Letterman: Yeah. But you know, it’s easy to criticize something you don’t fully understand, which is my position here.

Bill

Gates: Go ahead.

David

Letterman: But I can remember a couple of months ago, there was like a big breakthrough announcement that on the internet, or on

some computer deal, they were going to broadcast a baseball game — you could listen to a baseball game on your computer. And I

just thought to myself, does radio ring a bell? You know what I mean?

Bill

Gates: There’s a difference.

David

Letterman: There is a difference. It’s not a huge difference. What is the difference?

Bill

Gates: But you can listen to the baseball game whenever you want to.

David

Letterman: Oh, I see. So it’s stored in one of your memory deals.

Bill

Gates: Exactly.

David

Letterman: That’s the way you talked about earlier. Yeah. Do tape recorders ring a bell? [laughter]

[End

video clip]

Tom

Lee: You get the point. In 1995, the earliest days of the internet, people were skeptical. And I think people are going to be skeptical

about a future where you need crypto to protect you from AI, and where ETH is money because it’s the future settlement rails. But

just follow with me. In that future, what is Ethereum worth? If it’s 1,800 today, is it worth 25,000, 75,000, or even higher? Well,

Joe Lubin, one of the co-creators of Ethereum, thinks Ethereum is going to 100x when that future arrives. That’s 250,000. And Etherealize

published a big piece earlier this year about a path to 250,000, they view Ethereum as productive money. Where do I land? I don’t

know. But let’s say that it’s a 2.0, like Amazon, NVIDIA, and JPMorgan, radical upside from here. But again, 1,800 to 250,000

is roughly 100x.

And

the question is, well, what is Bitmine’s role? Well, Bitmine, again, is the largest Ethereum treasury. We believe we’re primed

for the next bull cycle. Bitmine just celebrated its first 12 months of operations. Bitmine was created on June 30, 2025. And in the

first year, Bitmine reached 5.74 million ETH, 4.8% of the supply, launched MAVAN the Made in America VAlidator Network, the largest single

staking operator in the world, bigger than anyone today, and that was built in 12 months. We’ve made several moonshot investments,

including Beast Industries, Eightco, A+, and others. We partnered with the Ethereum Foundation 2.0. The first one was ETH Labs, we’re

the lead investor. The second was Ethereum Institutional, we were the lead investor. And the third one is ETH Systems, which is building

confidential systems for institutional Ethereum, and again, we’re the lead investor. So for each of the three key spinoffs from

the Ethereum Foundation, Bitmine acted as the lead investor. You might wonder why. The reason being, we can be the neutral layer. We

are neutral capital. We are not selling products to any of these end users. We just want to strengthen the Ethereum ecosystem, which

in turn helps the price of Bitmine.

Bitmine

also launched its first preferred stock offering under the ticker BMNP. It has a current yield below that of STRC, which is MicroStrategy’s

perpetual preferred. This instrument was launched at $80 on June 9th, and as you can see, it currently trades at $86. So the price has

increased on this 9.5% perpetual preferred. And Bitmine had two other accomplishments: we got uplisted to the big board, the New York

Stock Exchange, which is the most prestigious exchange in the world, and we were added to the Russell 1000 large-cap index. That is the

most widely used benchmark for institutional investors and hedge funds, meaning more than a thousand financial institutions will now

have to consider whether or not they want to have benchmark exposure to Bitmine. And that’s not even counting the numerous hundreds

of thousands of wealth managers that also use the Russell 1000.

what are our goals for the foreseeable future? We’ve got many, but the four I probably want to talk about are: one, we want to

slowly reach 5% of the Ethereum supply. We’ve talked about slowing our buying. Part of it is that the Ethereum Foundation is in

transition, they’re shrinking their role. And we spoke to many people at the Foundation, and at the moment, I think we shouldn’t

try to accelerate and have more concentration beyond 5%. The second is that we want to fund any additional key Ethereum Foundation spins,

including key partners and public goods. That’s important because we are the neutral and somewhat, arguably, permanent capital

within crypto. Three, we want to identify and invest in financial services and crypto unicorns. And the reason I’m saying financial

services and crypto unicorns is, as Vlad Tenev at Robinhood said, in the future, financial rails and crypto rails are the same. And more

and more assets are going to be running on these rails. So we don’t want to, quote, focus solely on crypto unicorns, because there

may be some really big opportunities in financial services. And finally, we want to strengthen the Ethereum ecosystem.

Now,

what does this mean for the stock price? Well, the x-axis here is Ethereum’s price, and the y-axis is Bitmine’s share price.

The correlation is 90%. So our future price for Bitmine stock is heavily dependent on the future price of Ethereum. And here’s

a range of prices. I’m going to highlight the 250,000 level, because that’s the fully realized view that ETH is money, from

Joe Lubin and Etherealize. And as you can see, that would imply significant upside for Bitmine’s share price.

to leave you with some wisdom: as the late Charlie Munger, who was vice chairman of Berkshire Hathaway, said, “The big money is

not in the buying and selling, but in the waiting.” And to us, we’re waiting as we watch Ethereum 2.0 unfold.

This

is the Bitmine management team, and thank you for listening.

EX-99.3

Filename: ex99-3.htm · Sequence: 4

Exhibit 99.3

Bitmine

Immersion Technologies (BMNR) Releases July Chairman’s Message: “ETH is the cure for the ‘Uncanny Valley of Wealth’”

Bitmine

owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine

is 96% of the way to the ‘Alchemy of 5%’ in just 12 months

Bitmine

was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine’s

Series A Preferred Stock is trading on the NYSE under the symbol BMNP

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, July 16, 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 the release

of the July Chairman’s Message titled “ETH is the cure for the ‘Uncanny Valley of Wealth.’”

This

Chairman message explains the Company’s belief that Ethereum is a critical interface to protect humans from the downstream implications

of the increasing capabilities of AI and the resulting growing economic influence:

● The

‘Uncanny Valley of Wealth’ is the notion that humans will ultimately become unsettled

by the growing economic and social power of an economy increasingly fueled by agentic-AI

and soon, machine-to-machine.

● This

is a variant of the Japanese roboticist Masahiro Mori in 1970 who published the essay “Uncanny

Valley.” His hypothesis describes the unsettling feeling people often get when they

encounter something that looks almost human.

● Crypto

faced macro headwinds in 2026 including bond markets pricing a “hawkish” flip

by global central banks, the slow progress of the Clarity Act, AI outperformance (aka FOMO,

or fear of missing out) and underperformance of financials. As we move through 2026, we believe

many of these headwinds could turn into tailwinds.

● While

many simply say just attribute this to ‘crypto winter,’ 2026 has seen much positive

fundamental progress including many banks announcing tokenization of assets, new Ethereum

Layer 2 (L2) launches, such as Robinhood Chain. This is a contrast to the 2018 and 2022 crypto

winters where regulatory headwinds and collapse of crypto institutions marked those declines.

● The

Chairman believes that Ethereum is positioned to benefit from two exponential drivers of

Wall Street building rails on blockchain and agentic-AI (as discussed above).

● The

Chairman also discusses how Bitmine is positioning itself strategically for the important

drivers of the next crypto upcycle supporting key infrastructure partners and strengthening

the Ethereum ecosystem.

The

Chairman’s message can be found here:

https://www.Bitminetech.io/chairmans-message

The

Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here:

https://Bitminetech.io/investor-relations/

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

About

Bitmine

(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:

https://x.com/bitmnr

https://x.com/fundstrat

Forward

Looking Statements

This

press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities

Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which

involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “projects,”

“projected,” “intends,” “believes,” “anticipates,” “estimates,” and similar

expressions. This document specifically contains forward-looking statements regarding: (i) the Company’s goals regarding ETH acquisition,

including the “Alchemy of 5%” initiative and the expectation that Bitmine will reach this goal sometime in 2026; (ii) the

Company’s beliefs and expectations regarding the cryptocurrency market, including the belief that macro headwinds faced by crypto

in 2026 could turn into tailwinds; (iii) the Company’s belief that Ethereum is a critical interface to protect humans from downstream

implications of the increasing capabilities of AI, including the “Uncanny Valley of Wealth” thesis regarding the growing

economic and social power of an economy increasingly fueled by agentic-AI; (iv) the Chairman’s belief that Ethereum is positioned

to benefit from two exponential drivers of Wall Street building rails on blockchain and agentic-AI; (v) the Company’s belief regarding

the positioning of Bitmine for the important drivers of the next crypto upcycle, including supporting key infrastructure partners and

strengthening the Ethereum ecosystem; and (vi) the future growth and advancement of the Company’s Ethereum treasury strategy. 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 and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment

and implementation of the GENIUS Act and other pending legislation and SEC initiatives; the volatility and unpredictability of digital

asset prices; the performance, reliability, and security of the Company’s staking operations; risks related to AI systems and their

impact on cryptocurrency markets; 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

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