Business: Bitmine Immersion Technologies 9.50% Series A Perpetual Preferred Stock liquidation preference $100 per share, liquidation preference $100 per share, redeemable at the issuer's option on or before 12/10/2027 at $110 (110%) per share plus accrued and unpaid dividends; after 12/10/2027 but before 06/10/2029 at $105 (105%) per share plus accrued and unpaid dividends; and after 06/10/2029 at $100.00 (100%) per share plus accrued and unpaid dividends, and with no stated maturity. <p> Cumulative distributions of 9.50% per annum ($9.5 per annum or $0.182692307 per week) will be paid every Friday to holders of record on the record date fixed by the board, not more than (__) days or less than (__) days prior to the payment date (NOTE: the ex-dividend date is the record date). <p> Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-48 of the prospectus for further information). <p> This security was not rated by Moody’s or S&P at the time of its IPO In regard to the payment of distributions and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.