secwatch.observer — SEC 8-K summary
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Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-09-08T12:45:37+00:00
Accession:  0001493152-26-041713
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine holds 5.93M ETH ($15.7B total), terminates staking MSA for 1.5% fee
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- ETH holdings 5,929,198 (4.9% of supply) worth $14.8B at $2,495; total crypto+cash+moonshots $15.7B.
- Staked ETH 5,067,309 ($12.6B); annualized staking revenue projected $330M, $386M if fully staked; 7-day yield 2.61%.
- Terminated MSA with Ethereum Tower effective Sept 3; new advisory deal with American Validator LLC at 1.50% of staking rewards, no early termination penalties.
- Acquired 28,086 ETH in past week; common stock +99% QTD, 4th best in Russell 1000.
- Holdings include 211 BTC, $180M Beast Industries, $91M Eightco (ORBS), $593M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226041713/0001493152-26-041713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226041713/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-041713

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