SCHEDULE: Peter Thiel-Linked Funds Disclose 0.9% Stake in BitMine

Investment entities associated with Peter Thiel have disclosed beneficial ownership of 2,547,001 shares, representing 0.9% of BitMine Immersion Technologies, Inc. common stock.

Summary

• FF Consumer Growth II, LP (FFCG II) beneficially owns 1,963,380 shares of BitMine Immersion Technologies, Inc. common stock, representing 0.7% of the class.
• The Founders Fund Growth II Management, LP (FFCG II GP) and FF Upper Tier GP, LLC (FFCG II UGP) also report beneficial ownership of 1,963,380 shares (0.7%) due to their control over FFCG II.
• FF Consumer Growth, LLC (FFCG LLC) beneficially owns 583,621 shares of common stock, representing 0.2% of the class.
• The Founders Fund Growth Management, LLC (FFGM) reports beneficial ownership of 583,621 shares (0.2%) due to its management of FFCG LLC.
• Peter Thiel, as the manager of FFCG II UGP and FFGM, possesses the power to direct the voting and disposition of securities held by both FFCG II and FFCG LLC, aggregating to 2,547,001 shares, or 0.9% of the class.
• The beneficial ownership percentages are based on 284,742,317 shares of common stock outstanding as of September 23, 2025.

Sentiment

Score: 5

Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G Amendment) and does not contain performance data or forward-looking statements that would indicate a positive or negative sentiment. The involvement of Peter Thiel's associated funds is a factual disclosure of ownership.

Positives

• The disclosure indicates continued investment by entities associated with prominent investor Peter Thiel, which could be viewed as a positive signal by some investors.

Future Outlook

The filing is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.

Industry Context

BitMine Immersion Technologies, Inc. operates in a sector likely related to cryptocurrency mining or blockchain technology, an area where Peter Thiel and his associated funds have shown investment interest. This filing indicates a continued, albeit relatively small, stake by these prominent investors in the company.

Stakeholder Impact

• Shareholders are informed of the beneficial ownership stake held by institutional investors and a prominent individual, Peter Thiel, which provides transparency regarding the company's ownership structure.

Key Dates

Keywords

BitMine Immersion Technologies, Peter Thiel, Founders Fund, Schedule 13G, beneficial ownership, common stock, investment disclosure, institutional investor