secwatch.observer — SEC 8-K summary
======================================

Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-05-18T12:45:26+00:00
Accession:  0001493152-26-024088
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine reports ETH holdings of 5.28M tokens, total crypto+cash holdings of $12.6B
--------------------------------------------------------------------------------

- Holds 5,278,462 ETH (4.37% of total ETH supply), valued at $11.6B at $2,191/ETH.
- Total crypto + cash + 'moonshots' (incl. $200M Beast Industries, $83M ORBS) = $12.6B.
- Has staked 4,712,917 ETH ($10.3B) on MAVAN platform, earning 2.80% annualized yield ($289M annual staking revenue).
- Uplisted to NYSE from NYSE American on April 9, 2026, trades under BMNR with avg daily volume $857M.
- Chairman Tom Lee notes CLARITY Act passed Senate Banking Committee; expects to reach 5% of ETH supply in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226024088/0001493152-26-024088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226024088/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-024088

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