10% owner BITMINE IMMERSION bought 86.96M shares of ORBS at $0.89 ($77.0M); holdings now 100.66M (+634.8%)
BITMINE IMMERSION TECHNOLOGIES purchased 86,956,513 shares at $0.89 on 2026-03-12, elevating its stake to 100,655,143 shares and amplifying position size by 634.8% from its prior 13,698,630-share base. The $77,043,470.52 investment represents substantial capital deployment by a significant shareholder. The stock now trades at $0.90 (only 1 cent above transaction price) after a pronounced decline—dropping -94.2% from its 52-week high of $15.62—while the company reports deteriorating fundamentals: net income of -$25,844,218 on revenue of $5,300,527 with annual revenue growth of -47.4%. The near-term price action is mixed (stock up modestly post-entry), yet the magnitude of the accumulated position relative to the company's negative earnings and collapsing revenue growth signals a heavily capital-intensive commitment into a materially troubled operational backdrop.