secwatch.observer — SEC 8-K summary
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Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-06-15T12:45:15+00:00
Accession:  0001493152-26-028622
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine holds 5.62M ETH ($9.66B), total holdings $10.4B; closes $273.8M preferred offering
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- ETH holdings of 5,620,754 tokens (4.66% of supply) at $1,718/ETH as of June 14, 2026.
- Total crypto + cash & marketable securities + 'moonshots' = $10.4B; staked ETH 4,718,677 ($8.1B).
- Closed 3.5M shares of 9.50% Series A Perpetual Preferred Stock at $80/share; net proceeds ~$273.8M.
- Series A Preferred (BMNP) begins trading June 16; first weekly dividend of $0.2639 payable July 6.
- Annualized staking rewards projected at $226M; 7-day staking yield 2.79%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226028622/0001493152-26-028622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226028622/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-028622

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