---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-028140"
form_type: "8-K"
ticker: "BMNR"
cik: "0001829311"
company_name: "BITMINE IMMERSION TECHNOLOGIES, INC."
filed_at: "2026-06-10T21:05:28+00:00"
generated_at: "2026-06-10T21:06:19.000375+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bitmine Immersion issues 3.5M shares of 9.50% Series A Perpetual Preferred Stock

## Summary
- Issued 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock, stated value $100 per share, in a public offering.
- Dividends accumulate weekly at 9.50% per annum; unpaid dividends compound at increasing rate up to a 15% maximum.
- Series A ranks senior to common stock for dividends and liquidation; liquidation preference adjusts based on trading price.
- Company may redeem all shares for cash at 110% of stated value if within 18 months, declining to 100% after three years.
- Holders have voting rights on amendments and can elect directors if dividends unpaid for 12 or 18 months.

## SEC filing metadata
- accession: 0001493152-26-028140
- form_type: 8-K
- ticker: BMNR
- cik: 0001829311
- company_name: BITMINE IMMERSION TECHNOLOGIES, INC.
- filed_at: 2026-06-10T21:05:28+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829311/000149315226028140/0001493152-26-028140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829311/000149315226028140/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-028140
- JSON: https://secwatch.observer/filing/0001493152-26-028140.json
- Plain text: https://secwatch.observer/filing/0001493152-26-028140.txt

## Key facts
- Governance Changes
  BITMINE IMMERSION TECHNOLOGIES, INC.: Filed Certificate of Designations for 9.50% Series A Perpetual Preferred Stock, establishing its terms (effective 2026-06-10).
  - Change: charter amendment
  - Effective: 2026-06-10
  source text: The information set forth above in this Current Report under Item 3.03 is incorporated by reference into this Item 5.03.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829311/000149315226028140/0001493152-26-028140-index.htm

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