UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 7.01. Regulation FD Disclosure.
On June 17, 2025, Bitmine Immersion Technologies, Inc. (the “Company”) issued a press release announcing that it has completed all purchases of Bitcoin for its treasury from the proceeds of the Company’s public offering of common stock (the “Offering”) sold pursuant to the Company’s registration statement on Form S-1, as amended (File No. 333-284361) which was declared effective on June 4, 2025. The Offering closed on June 6, 2025, and the net proceeds to the Company after deducting fees and expenses were approximately $16.340 million. The Company spent $16.347 million to buy 154.167 Bitcoin at an average price of $106,033. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information under this Item 7.01, including Exhibits 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Item No. | Description | |
99.1 | Press Release dated June 17, 2025 | |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Bitmine Immersion Technologies, Inc. | ||
Dated: June 18, 2025 | By: | /s/ Jonathan Bates |
Name: | Jonathan Bates | |
Title: | Chief Executive Officer |
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