secwatch.observer — SEC 8-K summary
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Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001493152-26-006953
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine reports 4.371M ETH holdings ($8.7B), $9.6B total crypto+cash; staking yields $176M annually
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- 4,371,497 ETH (3.62% of supply) plus 193 BTC; total crypto + cash + moonshots = $9.6B.
- Staked 3,040,483 ETH (69% of holdings); annualized staking revenue $176M; 7-day yield 2.89%.
- Closed $200M investment in Beast Industries; cash balance $670M; no debt.
- BMNR avg daily dollar volume $0.9B (#158 in US); 90% of crypto DAT trading volume.
- Acquired 45,759 ETH in past week; targeting 5% of ETH supply; MAVAN staking on track Q1 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226006953/0001493152-26-006953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226006953/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006953

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer