Bitmine Immersion Technologies (BMNR) Proxy Filing summary

Executive summary

• Annual stockholder meeting scheduled for January 15, 2026, at the Wynn Las Vegas, with a voting deadline of January 14, 2026.

• Shareholders are encouraged to vote on four proposals, including a key Charter Amendment Proposal to increase authorized shares.

• The company has pivoted to make Ethereum (ETH) its primary treasury asset, with share price closely tracking ETH movements.

• Forward-looking statements highlight goals for ETH acquisition, staking, and the long-term value of Ethereum.

• Operations are focused on Bitcoin and Ethereum, with mining sites in Trinidad and Texas.

Voting matters and shareholder proposals

• Proposal 2 seeks to amend the Certificate of Incorporation to increase authorized shares from 500 million to 50 billion.

• Increasing authorized shares would enable capital markets activities, flexibility for mergers/acquisitions, and future stock splits.

• Shareholders are urged to review the Chairman's message and vote before the January 14, 2026 deadline.

Shareholder rights and capital structure

• The proposed increase in authorized shares is intended to support future stock splits and maintain share accessibility.

• Illustrative scenarios show potential share splits (e.g., 20:1, 60:1, 100:1) if share price rises significantly.