Bitmine Immersion Technologies material events

Bitmine Immersion Technologies BMNRCrypto

Bitmine closes its private placements and signs ETH treasury strategy agreements

Filed Jul 9, 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 8, 2025, it sold 36,309,592 common shares at $4.50 per share to cash investors.
  • It also sold 8,804,122 common shares at $4.50 per share to investors who paid in ETH or BTC.
  • It signed a ten-year consulting agreement with Ethereum Tower LLC for a strategy to accumulate more ETH.
  • The strategic advisor receives warrants for five percent of fully diluted shares, at an exercise price of $5.40.

Items reported

  • 1.01 Material agreement
  • 3.02 Unregistered share sale
  • 8.01 Other events
  • 9.01 Exhibits

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