BMNR BITMINE IMMERSION TECHNOLOGIES, INC. Insider Trading

Director Lori Love buys 701 shares in 2 transactions (totaling $15,446.36) at blended average $22.03

Lori Love, a director of Bitmine Immersion Technologies, made 2 separate purchases totaling 701 shares for $15,446.36, increasing her holdings by 1.9% from 36,082 to 36,783 shares. The company exhibits highly conflicting fundamentals: annual revenue growth of +84.1% alongside a $-3.8B net income loss, with a market cap of $12.1B anchored on only $11.0M in latest quarterly revenue. The stock is currently trading at $22.53, down 83.3% from its 52-week high of $135.00, though up 7.6% over the past 30 days. A director purchase at these depressed price levels warrants investor attention to understand whether the transaction reflects confidence in turnaround fundamentals or simply reflects scheduled activity in a highly volatile, loss-generating entity.

Director Lee Thomas Jong purchased 4,500 shares of BMNR at $44.00 on 2025-07-17, expanding holdings by +2.0% to 226,722 shares.

Lee Thomas Jong, a director, purchased 4,500 shares at $44.00 for a total value of $198,000.00, following two prior purchases at the same ticker just 8 days earlier on 2025-07-09. The current stock price of $41.90 sits -69.0% from its 52-week high of $135.00, despite a +769.3% 30-day surge. The company generated $2,051,857.00 in quarterly revenue but posted a $-622,762.00 net loss, with the full fiscal year also unprofitable. The insider's cross-ticker track record shows only 2 prior buys with no measurable 90-day outcomes at those other tickers, while his same-ticker history at BMNR shows outcome data not yet measurable. The repeated accumulation over the past week occurs amid extreme volatility without clear fundamental improvement to explain the price surge.

Director Lee Thomas Jong purchases 444,444 shares for $1,999,998.00 in 2 equal tranches at $4.50

Director Lee Thomas Jong executed 2 separate purchases totaling 444,444 shares for $1,999,998.00 at $4.50 per share on 2025-07-09, establishing a post-transaction position of 222,222 shares. The purchase occurred at a price that represents -69.6% from the 52-week high of $135.00, yet the company has shown explosive 30-day (+727.0%) and 90-day (+412.8%) price appreciation. Despite annual revenue growth of +413.0% and current market cap of $176,524,073.32, the company remains unprofitable with a net loss of $-622,762.00 in its most recent quarter and negative full-year net income. The director's $2.0M investment at depressed valuation levels warrants examination of whether this represents confidence in a turnaround or reflects timing relative to the stock's recent 727% monthly surge.