Management Change/Compensation (Form 8-K)

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 4, 2025, BitMine Immersion Technologies, Inc. (the "Company"), entered into an Independent Contractor Agreement (the "Agreement") with Ryan Ramnath to continue serving as the Company's Chief Operating Officer. The Agreement has a one-year term and automatically renews for successive one-year terms unless either the Company or Mr. Ramnath provides written notice of their intention not to renew no later than 30 calendar days before the end of a term.

Mr. Ramnath's compensation under the Agreement is $10,000 per month payable on the last business day of each calendar month, as well as reimbursement for eligible reimbursable expenses as approved by the Company's Chief Executive Officer. Upon termination of the Agreement, Mr. Ramnath is entitled to payment for services rendered prior to the termination date. The Agreement also contains customary provisions regarding confidential information, non-competition and non-solicitation.

The foregoing description is only a summary of the Independent Contractor Agreement and is qualified in its entirety by reference to a copy of the Independent Contractor Agreement attached as Exhibits 10.1 to this Current Report and incorporated herein by reference.