---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-004016"
form_type: "8-K"
ticker: "BMNR"
cik: "0001829311"
company_name: "BITMINE IMMERSION TECHNOLOGIES, INC."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:05:38.595615+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bitmine Immersion Technologies terminates President Erik Nelson without cause; $605K separation package

## Summary
- President Erik Nelson terminated without Cause effective Jan 22, 2026; termination not related to any disagreement.
- Nelson receives $20,000 notice and $585,000 severance ($605K total) subject to agreement execution.
- Company waives Nelson's non-compete and non-solicit covenants from employment agreement.
- Nelson retains confidentiality duties; mutual non-disparagement; D&O insurance continues.
- Nelson holds only shares per company records; waives rights to additional equity.

## SEC filing metadata
- accession: 0001493152-26-004016
- form_type: 8-K
- ticker: BMNR
- cik: 0001829311
- company_name: BITMINE IMMERSION TECHNOLOGIES, INC.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829311/000149315226004016/0001493152-26-004016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829311/000149315226004016/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-004016
- JSON: https://secwatch.observer/filing/0001493152-26-004016.json
- Plain text: https://secwatch.observer/filing/0001493152-26-004016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.