BitMine sells approximately 5.22 million shares at $70.00 per share and approximately 10.4 million warrants with a strike price of $87.50

BitMine common share sale is a 14% premium to the closing price of BitMine Common Stock on September 19, 2025

BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH

LAS VEGAS, Sept. 22, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced that it entered into a securities purchase agreement with an institutional investor related to the offer and sale of 5,217,715 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) at a price of $70.00 per share, and warrants to purchase up to 10,435,430 shares of Common Stock at an exercise price of $87.50 per share (the “Warrants”) in a registered direct offering transaction (the “offering”). At $70.00 per share, the Common Stock purchase price represents a premium of approximately 14% to the closing price on September 19, 2025. The Warrants will be exercisable upon issuance and expire on March 22, 2027. Prior to and including the date of expiration, the Warrants may be exercised, in whole or in part, in exchange for cash payment of the exercise price.

The Company expects aggregate gross proceeds from the offering of approximately $365.24 million, before deducting the placement agent’s fees and other estimated offering expenses. Potential future aggregate proceeds from the Warrants represent approximately $913 million from cash exercises. This would result in total proceeds of approximately $1.28 billion combining the common offering and the proceeds from a cash exercise of the Warrants.

“BitMine has raised $365.24 million by selling our stock at a 14% premium to Friday’s close. By selling shares at $70 per share, compared to our $61.29 closing price, this is materially accretive to existing shareholders as the primary use of proceeds is to add to our ETH holdings,” said Thomas Lee, Chairman of BitMine.

“In our view, this 14% premium reflects not only strong institutional investor interest in the BitMine story, but also confidence in our execution as a Company,” said Lee. “Institutional investors have told us BitMine remains the only large-cap US stock to give investors direct exposure to ethereum. Our August Chairman’s message resonates with many investors, who see the compelling supercycle for ethereum as Wall Street moves to embrace and build upon this blockchain.”

The Company expects the offering to close on or about September 23, 2025, subject to the satisfaction of customary closing conditions.

Moelis & Company LLC is acting as the sole placement agent for the offering.

Winston & Strawn LLP served as legal counsel to BitMine Immersion Technologies (BMNR).

This offering is being made pursuant to an effective shelf registration statement on Form S-3ASR (File No. 333-288579), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 9, 2025. The offering is made only by means of a prospectus which is part of the effective registration statement. Before investing, interested parties should read the prospectus supplement and accompanying prospectus and other documents filed with the SEC for information about BitMine and this offering. A prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Additionally, when available, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained, when available, from Moelis & Company LLC, 399 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus-eq_fi@moelis.com.

About BitMine

BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Raises $150,000 to support ALS research and youth swim education

CHICAGO, Sept. 22, 2025 /PRNewswire/ — The Chicago River Swim returned on Sunday, September 21, for the first time in 98 years, marking a historic milestone for the city and drawing thousands of swimmers, civic leaders and spectators to the heart of downtown.

First place one-mile winner Olympian Olivia Smoliga

The event, produced by the nonprofit A Long Swim, celebrated decades of environmental progress while raising $150,000 for ALS research at the Ozdinler Lab of Northwestern’s Feinberg School of Medicine and swim-safety education programs at the Salvation Army Kroc Center.

263 swimmers entered the one- and two-mile courses along the main branch of the river, cheered on by crowds lining the Riverwalk.

Chicago Mayor Brandon Johnson provided opening remarks and said, “The Chicago River Swim is a symbol of Chicago’s resilience and progress. Once too polluted for recreation, the river has been restored as one of our city’s greatest assets. Today shows how far we’ve come in reclaiming our environment for future generations.”

The Mayor was joined onstage by Olympian and USA Swimming Ambassador Natalie Hinds, who highlighted the importance of water safety, access and opportunity for young swimmers.

A Long Swim co-founder Doug McConnell, who lost both his father and sister to ALS, underscored the dual mission of the Swim: “This is more than just a race, it’s a tribute to the river’s revival and a commitment to funding research and education that changes lives.” Since its founding, A Long Swim has raised more than $3 million for ALS research.

The event drew strong support from civic leaders, including Congressman Mike Quigley, Cook County Board President Toni Preckwinkle, Illinois State Senator Mattie Hunter, State Representative Kimberly du Buclet and Alderman Ronnie Mosely, who were in attendance. 

Olympian Olivia Smoliga, a Chicago-area native who earned gold in Rio 2016 and bronze in Tokyo 2020 and is the founder of In Depth Swim Academy, took first in the women’s one-mile race with a time of 22:45. Levy Nathan won the men’s division in 22:22. In the two-mile competition, Becca Mann captured the women’s title in 40:07, while Isaac Eilmes led the men’s field in 40:13. Their achievements highlighted both the athletic rigor of the event and the river’s transformation into safe, swimmable waters.

The Swim highlighted the river’s dramatic transformation into one of Chicago’s greatest civic assets. The Chicago River is now at its cleanest levels on record, supporting more than 80 species of fish and a growing diversity of wildlife. This transformation reflects decades of environmental progress, including: stronger federal and local regulations, advanced wastewater treatment by the Metropolitan Water Reclamation District (MWRD), the Tunnel and Reservoir Plan to reduce overflows, advocacy and cleanups by Friends of the Chicago River and ecological recovery efforts led by the Shedd Aquarium. Together, these partners have helped reclaim the river as a living ecosystem and made it possible for swimmers to safely return for the first time in nearly a century.

Swimmer safety was paramount. The course was safeguarded by more than 100 trained personnel, including lifeguards and observers in kayaks, on support boats and on shore.

Research-based water testing was critical to making the Chicago River Swim possible. The University of Illinois Chicago (UIC), which also conducted daily summer testing of city beaches for the Chicago Park District, led the testing along the course. Over 19 days, UIC regularly collected samples at eight bridges, with every result well within EPA guidelines.

All tests returned in the “green flag” range, confirming suitable conditions for swimmers. To strengthen safeguards, the Swim implemented a layered approach, combining UIC’s testing with oversight by MWRD. More info here. 

“Our partnership with the Chicago River Swim benefited the athletes who participated and our students, whose commitment to water quality helps make Chicago a leader in testing public waterways,” said Abhilasha Shrestha, Research Assistant Professor at the UIC School of Public Health. “It’s rewarding to see science play a meaningful role in providing a safe experience for the swimmers.”

For more information, visit: www.chicagoriverswim.org

Photo Credit: Linda Barrett

Photo – https://laotiantimes.com/wp-content/uploads/2025/09/a_long_swim_2.jpg
Photo – https://laotiantimes.com/wp-content/uploads/2025/09/a_long_swim_3.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/09/chicago_river_swim_logo.jpg

BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’

BitMine Crypto + Cash Holdings + “Moonshots” total $11.4 billion, including 2.416 million ETH Tokens, unencumbered cash of $345 million, and other crypto holdings

BitMine is the 24th most traded stock in the US, trading $3.5 billion per day (5-day avg)

BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH

LAS VEGAS, Sept. 22, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + “moonshots” holdings totalling $11.4 billion.

As of September 21st at 4:00pm ET, the Company’s crypto holdings are comprised of 2,416,054 ETH at $4,497 per ETH (Bloomberg), 192 Bitcoin (BTC), $175 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and unencumbered cash of $345 million.

BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 638,460 BTC valued at $74 billion. BitMine remains the largest ETH treasury in the world. 

“BitMine ETH holdings now exceed 2% of supply as we move towards our ‘Alchemy of 5%’ of ETH supply. We approached holdings of 1% of ETH in early August when BitMine’s equity was $38 (20-moving average) and as we exceed 2%, BitMine’s share price is now over $61,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine. “As we mentioned in our August Chairman’s message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for Ethereum. And the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”

The GENIUS Act and SEC’s Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” continued Lee. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.”

BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $3.5 billion (5-day average, as of September 21, 2025), ranking #24 in the US, behind Opendoor Technologies (rank #23) and ahead of Eli Lilly (rank #25) among 5,704 US-listed stocks (statista.com and Fundstrat research).

“At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” said Lee.

The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/

The Chairman’s message can be found here: https://www.bitminetech.io/chairmans-message

To stay informed, please sign up at: https://bitminetech.io/contact-us/

About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern

Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

• Eni, as a CFS strategic investor, signs offtake agreement worth more than $1 billion for clean fusion power from CFS’ first ARC power plant in Chesterfield County, Virginia.
• The agreement strengthens the strategic partnership between Eni and CFS and their joint effort to commercialize fusion energy, a breakthrough technology with the potential to transform the global energy landscape.
• Eni has been a CFS shareholder since 2018. The offtake agreement expands the companies’ existing technological collaboration to also include a commercial partnership.

DEVENS, Mass. and SAN DONATO MILANESE, Italy, Sept. 22, 2025 /PRNewswire/ — Eni and Commonwealth Fusion Systems (CFS) today announce a power offtake agreement worth more than $1 billion, expanding a longstanding strategic partnership between the companies to commercialize fusion power.

The power purchase agreement (PPA) concerns Eni’s acquisition of decarbonized power from CFS’s 400 MW ARC fusion power plant in Chesterfield County, Virginia, which is expected to connect to the grid in the early 2030s. Financial terms weren’t disclosed. This is the second offtake agreement that CFS has signed in three months for its first grid-scale fusion power plant.

“The agreement with Eni demonstrates the value of fusion energy on the grid. It is a big vote of confidence to have Eni, who has contributed to our execution since the beginning, buy the power we intend to make in Virginia,” said Bob Mumgaard, Co-founder and CEO of CFS. “Our fusion power attracts diverse customers across the world — from hyperscalers to traditional energy leaders — because of the promise of clean, almost limitless energy.” 

“This strategic collaboration, with a tangible commitment to the purchase of fusion energy, marks a turning point in which fusion becomes a full industrial opportunity,” said Eni CEO Claudio Descalzi. “Eni has been strengthening its collaboration with CFS with its technological know-how since it first invested in the company in 2018. As energy demand grows, Eni supports the development of fusion power as a new energy paradigm capable of producing clean, safe, and virtually inexhaustible energy. This international partnership confirms our commitment to making fusion energy a reality, promoting its industrialization for a more sustainable energy future.”

The PPA follows CFS’ $863 million Series B2 round in which Eni increased its investment in CFS. Eni, which was among the first to invest in CFS in 2018 and believe in fusion, is today a strategic shareholder. In 2023 the two companies signed a Collaboration Framework Agreement to accelerate fusion energy development. The collaboration between the companies includes operational and technological support; project execution through the sharing of methodologies learned from the energy industry; and relationships with stakeholders.

The PPA further validates that CFS is on the most promising path to deliver commercial fusion power in the coming years. The company has demonstrated its capabilities by developing key advances in high-temperature superconducting magnets and sustaining its execution velocity in the construction of the SPARC fusion demonstration machine in Devens, Massachusetts.

Eni, a global tech energy company based in San Donato Milanese, Italy, has been active in the US energy sector since 1968. The company’s operations include oil and natural gas production, renewables and biofuel. Eni also invests in innovative technologies for the energy transition through its Boston-based corporate venture capital division, Eni Next.

About Commonwealth Fusion Systems

Commonwealth Fusion Systems is the world’s largest and leading private fusion company. The company’s marquee fusion project, SPARC, will generate net energy, paving the way for limitless carbon-free energy. The company has raised almost $3 billion in capital since it was founded in 2018.

About Eni

Eni is a global energy tech company operating in 64 Countries, with about 32,500 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni’s goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni’s areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

Media Contacts

For CFS:
press@cfs.enert 

For Eni:
Press Office: ufficio.stampa@eni.com
Tel. +39.0252031875 – +39.0659822030
Website: www.eni.com                 

STOCKHOLM, Sept. 22, 2025 /PRNewswire/ — A health solution designed to improve iron absorption in women has garnered international acclaim, earning top awards in Europe, North America, and now Asia. This triple recognition in 2025 highlights a growing global awareness of the need for more effective, better-tolerated iron supplementation. 

Developed by biotics solutions company Probi, the concept includes the clinically studied probiotic strain, Lactiplantibacillus plantarum 299v (LP299V®). When combined with iron, LP299V® increases iron absorption and reduces gastrointestinal side effects often linked to conventional supplements. 

Women’s health by Probi

Iron deficiency is one of the world’s most pressing nutritional challenges, affecting over 30% of women of reproductive age globally. Rather than simply adding more iron, Probi’s patented strain helps the body absorb it more effectively. LP299V® supports iron uptake in two key ways: by keeping iron in its absorbable form and by increasing the body’s expression of iron-converting enzymes. This leads to better absorption from food and supplements. 

“Recognition across three continents in a single year speaks to the urgent, global nature of this issue and to the promise of science-backed, biotic innovations in addressing it,” said Martina Pettersson, Global Marketing Director at Probi.

The latest accolade, the 2025 NutraIngredients-Asia Award for Innovation in Women’s Health, was presented in Bangkok on September 17, following earlier honors in Europe and North America. 

“This innovation has a critical role to play in Asia, where iron deficiency continues to impact millions of women,” said Karen Ong, Head of Asia-Pacific at Probi. “This reinforces how accessible and well-tolerated solutions can make a meaningful difference.” 

LP299V® has been studied for over three decades. Originally known for its digestive benefits, it is now gaining recognition for its unique ability to increase iron absorption and supporting better health outcomes for women globally. 

About Probi

Probi® is a global biotics solutions company, focused on researching, manufacturing, and delivering biotics for supplements and functional food. Founded on science, and together with our customers and research partners, we are striving towards a future in which as many people as possible can take control of their gut microbiome – so that they can live better lives for longer.

Born out of Lund University in Sweden in 1991, Probi has grown to serve over 40 markets worldwide and holds multiple patents globally. Since 2025, Probi has been part of Symrise AG, further strengthening both innovation capabilities and global reach.

Contact:
Lisa Jalakas 
+46721936322 
lisa.jalakas@probi.com 

BANGKOK, Sept. 22, 2025 /PRNewswire/ — COSMEX 2025, ASEAN’s most comprehensive event on OEM service and manufacturing technology for cosmetic, personal care, and dietary supplement products, packaging, printing, labelling, finished product, and beauty device, will attract beauty and well-being professionals to discover bigger and new business opportunities from 4 – 6 November at Halls
99 – 100 of BITEC, Bangkok. Big and small beauty brands searching for trustworthy manufacturers or innovative packaging, importers and distributors wanting to expand offering range and attracting new buyer segments, aesthetic centers thinking of producing own lines of personal care products or cutting-edge beauty devices, COSMEX has all the answers. The event will feature 250+ exhibitors from 20 countries and attract 25,000+ trade visitors from Asia Pacific, the Middle East, and many parts of the world.

Organized by RX BITEC, ASEAN’s leading exhibition organizer, COSMEX will display 5 exhibit profiles.

• OEM: COSMEX is the biggest OEM sourcing platform for the beauty, spa, and wellness industry in ASEAN. The show connects global and SME brands with top-tier manufacturers offering turnkey solutions for lipsticks, masks, perfume, sunscreen, oral care, cosmeceuticals, skincare, spa products, and more.
• Finished Products: The ultimate sourcing destination for Retailers / Distributors / Wholesalers seeking trend-forward, high-quality finished beauty and wellness products to diversify their offerings with a wide range of makeup, soaps, shampoo, body lotion, and more.
• Packaging, Printing, Labelling, Machinery: The most comprehensive center of advanced packaging, labeling, printing, and automated machinery from packaging for lipstick and skincare — tubes, spray, eco-friendly plastic bottles, aluminum jars, etc. — stickers and labels, to machinery; e.g., homogenizers, dispensers, and vacuum paste makers for cosmetics.
• Beauty Device: One-stop innovation hub for aesthetic centers seeking advanced beauty devices and certified products to elevate clinical performance and client satisfaction.
• COSMEX Halal Cosmetics: The only halal cosmetic products sourcing platform that connects international retailers, importers and exporters, and distributors with verified suppliers and products that align with ethical, cultural, and global standards.

COSMEX will also house COSMEX The Secret Chat, seminars and workshops designed to share insights, ideas, skills, and inspiration.

COSMEX is co-located with in-cosmetics Asia, the leading event in Asia Pacific for personal care ingredients.

Pre-registration is available at www.cosmexshow.com. For inquiries, email to contactcenter@rxtradex.com or call +66 2686 7222. Participants please dress in smart casual; children under the age of 15 are not allowed.