BITMINE IMMERSION TECHNOLOGIES, INC. 4

What Happened
Bitmine Immersion Technologies, Inc. (reported as a 10% owner) purchased 86,956,513 shares of Eightco Holdings Inc. (ORBS) in an open-market transaction on 2026-03-12. The weighted average purchase price was $0.89 per share, for a total cash outlay of approximately $77,043,471. This was a straight purchase (transaction code P), which is generally viewed as a bullish signal since the insider added shares.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-18).
• Price: weighted average $0.89/share; prices ranged from $0.881 to $0.920 per share (footnote says detailed breakdown available on request).
• Shares acquired: 86,956,513; total value ≈ $77,043,471.
• Shares owned after transaction: not specified in the excerpt provided (check the full Form 4 for post-transaction holdings).
• Footnotes: F1 notes these were open market purchases; F2 gives the price range and states the reporting person will provide per-price quantities on request.
• Filing timeliness: Form 4 was filed six days after the transaction (3 business days later than the typical 2-business-day Form 4 window), so this appears to be a late filing.

Context
As a 10% owner (an institutional/large shareholder designation), Bitmine is not an individual executive; such purchases indicate increased ownership by a major stakeholder but are different from insider executive trades. The filing is factual and does not explain motives; purchases by large holders can be informative for investors but do not guarantee future performance.