New Risk • May 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (over 270x increase in shares outstanding). Reported Earnings • Apr 16
Second quarter 2026 earnings released: US$8.40 loss per share (vs US$0.58 loss in 2Q 2025) Second quarter 2026 results: US$8.40 loss per share (further deteriorated from US$0.58 loss in 2Q 2025). Revenue: US$11.0m (up US$9.52m from 2Q 2025). Net loss: US$3.82b (loss widened US$3.82b from 2Q 2025). Revenue is forecast to grow 76% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Duyuru • Mar 25
Bitmine Immersion Technologies Announces Launch of MAVAN Staking Solution Bitmine Immersion Technologies, Inc. announced the official launch of MAVAN (Made in America VAlidator Network), its proprietary institutional-grade Ethereum staking platform. MAVAN is designed to serve as the premier Ethereum staking destination for institutions, with a focus on security, performance, and resilience. The platform combines U.S.-based infrastructure for institutions requiring domestic validation with a flexible, globally distributed architecture to support clients worldwide. Originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. As of 5:00PM ET on March 24, 2026, Bitmine total staked ETH stands at 3,142,643 ($6.8 billion at $2,148 per ETH via Coinbase). Bitmine has staked more ETH than other entities in the world. When Bitmine's ETH is fully staked by MAVAN in the coming weeks, the ETH staking rewards will be nearly $300 million annually (using 2.83% 7-day BMNR yield). In this past week, Bitmine staked 101,776 ETH ($219 million) to MAVAN and intends to continue to add scale over the coming weeks with the goal of staking nearly all of Bitmine's remaining unstaked ETH. Duyuru • Jan 29
Bitmine Immersion Technologies, Inc. Terminates Erik Nelson as President, Effective as of January 22, 2026 On January 22, 2026, Bitmine Immersion Technologies, Inc. entered into a Separation Agreement and General Release with its President, Erik Nelson, memorializing the terms of his separation from the Company. The Company also provided Mr. Nelson notice of his separation on the same date. The Compensation Committee of the Board of Directors and the Board of Directors (the “Board”) each took action on January 22, 2026, to review and approve the Separation Agreement and the separation benefits contemplated thereby. Under the Separation Agreement, the parties agreed that Mr. Nelson’s employment will terminate without Cause effective as of January 22, 2026. New Risk • Jan 14
New major risk - Revenue and earnings growth Earnings have declined by 111% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 111% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 213x increase in shares outstanding). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €28.00, the stock trades at a trailing P/E ratio of 40.5x. Average forward P/E is 18x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €26.60, the stock trades at a trailing P/E ratio of 36.7x. Average forward P/E is 19x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €27.80, the stock trades at a trailing P/E ratio of 38.8x. Average forward P/E is 18x in the Software industry in Germany. Duyuru • Nov 24
Bitmine Immersion Technologies, Inc., Annual General Meeting, Jan 15, 2026 Bitmine Immersion Technologies, Inc., Annual General Meeting, Jan 15, 2026. Location: wynn meeting and conference center, 3131 las vegas blvd s, las vegas, nevada 89109, United States Reported Earnings • Nov 23
Full year 2025 earnings released: EPS: US$13.84 (vs US$1.32 loss in FY 2024) Full year 2025 results: EPS: US$13.84 (up from US$1.32 loss in FY 2024). Net income: US$334.1m (up US$337.4m from FY 2024). Duyuru • Nov 22
Bitmine Immersion Technologies, Inc. Declares Annual Dividend, Payable on December 29, 2025 Bitmine Immersion Technologies, Inc. declared annual dividend of $0.01 per BMNR share. Declaration date is November 21, 2025; Ex-dividend date is December 5, 2025; Record date December 8, 2025; Payable date is December 29, 2025. Duyuru • Nov 18
Bitmine Immersion Technologies, Inc. to Report Q4, 2025 Results on Nov 21, 2025 Bitmine Immersion Technologies, Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 21, 2025 Duyuru • Aug 28
Bitmine Immersion Technologies, Inc. Appoints David Sharbutt to the Board of Directors Bitmine Immersion Technologies, Inc. announced that David Sharbutt has been elected to the company's board of directors. David is the founder, Chairman, & CEO of Alamosa Holdings which became a public company in 2000, and quickly grew to a presence in 22 states with revenues exceeding $1B. Alamosa was acquired by Sprint in 2006. David was elected to the board of American Tower Corporation (NYSE:AMT) in 2006 and continued to serve until 2023. During David's time at American Tower, it grew from a moderate sized domestic tower company to become the largest REIT in the world. It is the leading global provider of shared infrastructure. David served on the Audit Committee and the Nominating and Corporate Governance Committee for American Tower, serving as the Committee Chair from 2017 to 2022. David is involved in a number of private companies as an owner and Director. These companies involve real estate, telecom, technology, food safety, restaurants, agriculture, reverse logistics, and dry cleaning. David is the Chair and primary owner of Edit Holdings. Edit Holdings operates Tide Dry Cleaners in Houston, Austin, Lubbock, Amarillo, Colorado Springs, and Denver. Duyuru • Jul 29
Bitmine Immersion Technologies, Inc. (NYSEAM:BMNR) announces an Equity Buyback for $1,000 million worth of its shares. Bitmine Immersion Technologies, Inc. (NYSEAM:BMNR) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. Board Change • Jul 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Lori Love was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jul 22
Bitmine Immersion Technologies, Inc. announced that it has received $182 million in funding from ARK Investment Management LLC Bitmine Immersion Technologies, Inc announced that it has completed a private placement and issued 4,773,444 common shares at a price of $38.127608 for aggregate gross proceeds of $182,000,001.64 on July 22, 2025. The Net proceeds received by the company from the transaction amounted to $177,000,000. The transaction included participation from ARK Invest. Duyuru • Jul 09
Bitmine Immersion Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Bitmine Immersion Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Duyuru • Jul 04
Bitmine Immersion Technologies, Inc. announced that it has received $212.921061 million in funding from a group of investors On July 3, 2025, Bitmine Immersion Technologies, Inc. closed the transaction. 
