Asset Transaction Form 8 K

Item 2.01 Completion of Acquisition or Disposition of Assets.

On November 14, 2024, Bitmine Immersion Technologies, Inc. (the "Company") entered into an agreement to purchase 3,000 S-19j Pro bitcoin miners for a total price of $1,035,000 from Luxor Technology Corporation ("Luxor"). The Company plans to utilize a third party to host 2,900 miners. The Company expects to deploy the remaining 100 miners at its Trinidad location.

The purchase price will be paid is payable as follows: 90% was due immediately, and 10% will be due within 60 days. Of the amount due immediately, $765,861.71 was paid from the proceeds of a Master Hashrate Purchase and Sale Agreement (the "Hashrate Sale Agreement"), and the balance will be paid from cash on hand. Under the Hashrate Sale Agreement, the Company sold 90 PH per day for 365 days at a price of 0.0005 per hashrate.