4/A: BMNR CEO Corrects Beneficial Ownership Filing

Sentiment:

Ownership Amendment


Jonathan Bates, CEO of Bitmine Immersion Technologies, Inc., filed an amended Form 4 to correct the entity name for a recent acquisition of 96,818 common shares.

Summary

  • Jonathan Bates, CEO and Director of Bitmine Immersion Technologies, Inc. (BMNR), filed an amended Form 4/A.
  • The amendment corrects the name of the entity that acquired 96,818 shares of common stock on August 26, 2025.
  • The shares were acquired by BFAM & Co., LLC, not BFAM Partners, LLC as originally reported in the Form 4 filed on August 28, 2025.
  • The acquisition was a distribution from Innovative Digital Investors Emerging Technology LP (IDI) in connection with its dissolution and winding up.
  • Following this transaction, Mr. Bates' total beneficial ownership is 951,862 shares, held indirectly through various entities including BFAM Partners, LLC, Progression Asset Management Corporation, and BFAM & Co., LLC.

Sentiment

Score: 5

Explanation: Neutral, as the filing is an administrative correction of an entity name in an ownership report, with no material impact on company operations or financial performance.

Related Party Transactions

  • The acquisition of 96,818 shares was a distribution from Innovative Digital Investors Emerging Technology LP (IDI) to BFAM & Co., LLC. Jonathan Bates, the reporting person, owns 90% of BFAM & Co., LLC, and a trust for his children owns the remaining 10%, making this an indirect related party transaction.

Stakeholder Impact

  • Shareholders: Minor impact, as it clarifies the exact entity holding shares beneficially owned by the CEO, ensuring accurate public record. There is no change to the total number of shares beneficially owned by the CEO.

Key Dates

DateDescription
08/26/2025Date of transaction where 96,818 shares were acquired.
08/28/2025Date the original Form 4 was filed.
09/03/2025Date the amended Form 4/A was signed and filed.

Keywords

BMNR, Bitmine Immersion Technologies, Jonathan Bates, Form 4/A, SEC filing, beneficial ownership, ownership amendment, common stock, CEO, director

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