Bitmine Immersion Technologies material events

Bitmine Immersion Technologies BMNRBuybacks and dividends

BitMine approves a $1 billion share repurchase program

Filed Jul 29, 2025Original

An 8-K is the report a US listed company files within four business days of a material event.

What the company reported

  • On July 25, 2025, the board approved repurchasing up to $1 billion of common stock.
  • On July 28, 2025, it signed an open-market repurchase agreement with Cantor Fitzgerald, paying $0.02 per share.
  • The program is open-ended; timing and amount depend on capital resources and market conditions.
  • As of July 28 it held 625,000 ETH, valued at $2.35 billion.

Items reported

  • 1.01 Material agreement
  • 7.01 Investor presentation
  • 9.01 Exhibits

The company's own filing, put into Korean. The numbers are the filing's.