secwatch.observer — SEC 8-K summary
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Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-06-22T12:45:23+00:00
Accession:  0001493152-26-029507
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine ETH holdings reach 5.67M tokens; total crypto+cash+securities $10.7B; declares preferred dividends
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- ETH holdings: 5,672,956 tokens (4.7% of total ETH supply of 120.7M).
- Total crypto + cash & marketable securities + 'moonshots' = $10.7B, including $601M cash.
- 4,718,677 ETH staked ($8.2B at $1,733/ETH); annualized staking revenue projected at $223M.
- Series A Preferred Stock (BMNP) declared seven weekly dividends of $0.1847 per share, starting Jul 17, 2026.
- Recent Series A Preferred Stock offering closed Jun 10, 2026, raising net proceeds ~$273.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226029507/0001493152-26-029507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226029507/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029507

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