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8-K filing — BITMINE IMMERSION TECHNOLOGIES, INC. (BMNP)

SEC EDGAR

Filed: 2026-11-02 AccNo: 0001493152-26-049572 Size: 696 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

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  1. Dominic Basulto

    The World's Biggest Ethereum Treasury Company Will Stop Buying ETH Soon. That's Why I'm Bearish on Ethereum Right Now.

    Bitmine Immersion Technologies, which holds 4.9% of all Ethereum in circulation ($15.5 billion), plans to stop buying ETH once it reaches the 5% threshold. The author argues this is bearish for Ethereum because Bitmine has been the most persistent buyer over the past 12 months, employing a dollar-cost averaging strategy. With this major demand source disappearing and shifting to yield maximization strategies instead, Ethereum investors may face reduced price support.

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  3. Globe Newswire

    281M $APEING Tokens Burned as Solana Pullback Draws Attention to Emerging Crypto Projects

    BitMine Immersion Technologies purchased 17,362 ETH (worth $46 million), bringing its total Ethereum holdings above 6 million ETH, reflecting continued institutional cryptocurrency accumulation. Meanwhile, Solana experienced short-term price pressure declining 1.04% to $116.61 as market participants await clarity on the Alpenglow upgrade timeline.

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  4. Brett Schafer

    Why Bitmine Immersion Technologies Soared 46.5% In August

    Bitmine Immersion Technologies stock surged 46.5% in August as Ethereum's price rose 33% during the month. The holding company, which aims to accumulate 5% of Ethereum's outstanding supply, recently issued preferred stock paying 9.5% dividends to fund additional cryptocurrency purchases and share buybacks. However, the article notes that investing in Bitmine is essentially a bet on cryptocurrency price movements driven by short-term factors like political sentiment rather than fundamental adoption, making it difficult to establish a long-term investment thesis.

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