Jonathan Robert Bates - 12 Nov 2025 Form 4 Insider Report for BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)

Role
Chief Executive Officer, Director
Signature
/s/ Jonathan Bates
Issuer symbol
BMNR
Transactions as of
12 Nov 2025
Net transactions value
$0
Form type
4
Filing time
14 Nov 2025, 15:40:36 UTC
Previous filing
24 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bates Jonathan Robert Chief Executive Officer, Director 10845 GRIFFITH PEAK DR. #2, LAS VEGAS /s/ Jonathan Bates 14 Nov 2025 0001840020

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BMNR Common Stock 399,000 12 Nov 2025 Direct F1
holding BMNR Common Stock 210,000 12 Nov 2025 Owned by BFAM Partners, LLC F3
holding BMNR Common Stock 96,818 12 Nov 2025 Owned by BFAM & Co., LLC F3
holding BMNR Common Stock 252,044 12 Nov 2025 Owned by Progression Asset Management Corporation F2, F3
holding BMNR Common Stock 15,427 12 Nov 2025 Held by The Entrust Group, Inc. Custodian FBO Jonathan Bates IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BMNR Prepaid Variable Forward (obligation to sell) 300,000 12 Nov 2025 Common Shares 300,000 Direct F1
holding BMNR Prepaid Variable Forward (obligation to sell) 100,000 12 Nov 2025 Common Shares 100,000 Owned by Progression Asset Management Corporation F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jonathan Robert Bates is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 An aggregate of 300,000 of the 399,000 shares of common stock held directly by the Reporting Person is subject to a prepaid variable forward contract, as disclosed in the Form 4 and Form 4/A filed by the Reporting Person with the U.S. Securities and Exchange Commission (the "SEC") on September 24, 2025. The Reporting Person retains voting rights in these shares and may elect to deliver a cash equivalent in lieu of the shares at the maturity date.
F2 100,000 of the 252,044 shares of common stock held by Progression Asset Management Corporation ("PAMC") is subject to a prepaid variable forward contract, as disclosed in the Form 4 filed by the Reporting Person with the SEC on September 24, 2025. The Reporting Person retains voting rights in these shares and may elect to deliver a cash equivalent in lieu of the shares at the maturity date.
F3 The Reporting Person is the 100% owner and shareholder of PAMC. The Reporting Person owns 90% of BFAM Partners, LLC ("BFAM") and BFAM & Co., LLC ("BFAM & Co"), respectively, and a trust established for his children owns the remaining 10% of each of the respective BFAM entities (BFAM and BFAM & Co.)

Remarks:

Effective November 12, 2025, the Reporting Person resigned as Chief Executive Officer and Director of the Issuer. The Reporting Person is voluntarily filing this Form 4 to indicate that he is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.