BITMINE IMMERSION TECHNOLOGIES, INC. — Form 8-K
Filed August 31, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 92/100
What the filing says
As of August 30, 2026, Bitmine reports crypto + cash holdings of $15.6 billion, comprising 5,901,112 ETH tokens ($14.8B at $2,511/token), 211 BTC, $180M Beast Industries stake, $81M Eightco (ORBS) stake, and $541M cash/marketable securities. The company has staked 5,067,309 ETH ($12.7B) generating projected annualized staking revenue of $340M ($396M at full scale). Bitmine acquired 53,501 ETH in the past week and has bought ETH every week for 65 consecutive weeks since June 30, 2025.
Why this rating
Company's reported $15.6B asset base is ~3,545x its $4.4M market cap—massive mark-to-market premium. Holdings are extraordinarily material relative to equity value; crypto volatility poses extreme leverage risk to shareholders. Staking revenue ($340M annual run-rate) vastly exceeds market cap, creating valuation disconnects or technical asset-value realization risks.
Tradability signal
NO TRADE
No trade: only ~$0k traded in the last 30 min — too illiquid to enter and exit.
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $97.67 ▲ 1.01% | at our read · unknown $96.69 | +10 min · unknown $96.69 ▲ 0.00% | +30 min · unknown $96.69 ▲ 0.00% | +1 hr · unknown $96.92 ▲ 0.24% | +4 hrs · unknown $98.08 ▲ 1.44% |
The stock had already moved -1.00% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from August 31, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.