Bates Jonathan Robert 4
4 · BITMINE IMMERSION TECHNOLOGIES, INC. · Filed Aug 28, 2025
Insider Transaction Report
Form 4
Bates Jonathan Robert
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2025-08-26+252,044→ 855,044 total(indirect: Owned by Progression Asset Management Corporation) - Other
Common Stock
2025-08-26+96,818→ 951,862 total(indirect: By LLC) - Other
Common Stock
2025-08-26+15,427→ 967,289 total(indirect: By Trust)
Footnotes (4)
- [F1]The shares were previously held by Innovative Digital Investors Emerging Technology LP ("IDI"), and were distributed in connection with the dissolution and winding up of IDI.
- [F2]In connection with the dissolution of IDI, 362,044 shares of common stock, previously held by IDI were distributed to Progression Asset Management Corporation ("PAMC"), a California corporation, and an entity wholly owned by the Reporting Person. PAMC continues to hold all 362,044 shares of record; however, pursuant to contractual arrangements, third parties hold rights with respect to 110,000 of such shares, which are expected to be distributed to them at a later date. Accordingly, the Reporting Person disclaims beneficial ownership of the 110,000 shares subject to such rights and reports beneficial ownership of only the remaining 252,044 shares.
- [F3]Includes (i) 210,000 shares owned by BFAM Partners, LLC ("BFAM"), and (ii) 393,000 shares owned by the Reporting Person.
- [F4]Shares are owned by BFAM. The Reporting Person has sole voting and investment power of the shares owned by BFAM. The Reporting Person owns 90% of BFAM, and a trust established for his children owns the remaining 10%.