Bitmine Immersion Technologies (BMNR) Proxy Filing summary

Executive summary

• ETH holdings reached 4.168 million tokens, representing 3.45% of total ETH supply, with total crypto and cash holdings at $14.0 billion as of January 11, 2026.

• Staked ETH stands at 1,256,083, with the MAVAN staking solution set to launch in Q1 2026.

• Ranked as the largest 'fresh money' buyer of ETH globally and the #1 Ethereum treasury, with high trading liquidity and institutional investor support.

• Annual Meeting scheduled for January 15, 2026, at Wynn Las Vegas, with a focus on growing ETH holdings and strategic investments.

• Forward-looking statements highlight expectations for crypto market recovery in 2026 and further gains in 2027-2028.

Voting matters and shareholder proposals

• Stockholders are urged to vote YES on proposal #2 to increase authorized shares, necessary for continued ETH accumulation.

• Annual Meeting agenda includes electing eight directors, approving a charter amendment for more authorized shares, the 2025 Omnibus Incentive Plan, and a non-binding advisory vote on executive chairman compensation.

• Voting can be done in person, by mail, telephone, or internet, with facilities closing January 14, 2026.

Board of directors and corporate governance

• Election of eight directors for the next year is on the Annual Meeting agenda.

• The company’s charter requires 50.1% of all shares outstanding to approve a share increase, a notably high threshold.