Bitmine Immersion Technologies Amends Executive Compensation Agreements for CEO and CFO

Bitmine Immersion Technologies, Inc. filed an 8-K on April 2, 2026, reporting amendments to employment agreements for its CEO Chi Tsang and CFO/COO Young Kim. The amendments modify long-term incentive compensation structures. CEO Chi Tsang will receive annual awards valued at $500,000, delivered 60% as restricted stock units and 40% as stock options. CFO Young Kim will receive annual stock option awards valued at $1,750,000, with the 2026 award prorated based on employment duration. Both awards will be determined based on the company's stock price over the ten trading days preceding grant dates, with options priced at fair market value. The awards vest quarterly over one year, subject to continued employment. The amendments are governed by the company's 2025 Omnibus Incentive Plan.