Bitmine Immersion Technologies (BMNR) Corporate presentation summary

Market environment and cycle outlook

• A full-blown crypto bull market is underway, with large institutions and ETF flows confirming the trend and Bitcoin trading above its 200-day moving average for a sustained period.

• Crypto assets, especially Ethereum and Solana, have significantly outperformed traditional macro assets since June 2026.

• Technical and cycle analysis suggests the current bull cycle could be the largest yet, with historical patterns indicating a cycle bottom in early October 2026.

Drivers of the current and future bull cycle

• Tokenization of real-world assets and the integration of artificial intelligence are expected to be major tailwinds, with up to $200 trillion in liquid assets potentially moving on-chain.

• Institutional adoption, wealth transfer, and permanent capital inflows are amplifying the cycle, with millennials likely to rotate away from private equity and debt into crypto.

• Ethereum is favored by Wall Street for tokenization, with major projects and Layer 2 solutions building on its ecosystem.

Company performance and strategic priorities

• The company has reached 6 million ETH, representing 4.9% of the total supply, and is steadily advancing toward its 5% ETH ownership target.

• Outperformed Ethereum by 53,500 basis points since inception, with strong staking operations and the largest single-staker operator globally.

• Launched innovative products such as perpetual preferred shares ($BMNP) and executed the largest crypto treasury company buyback program, authorizing $4 billion and completing 21 million shares.

• Strategic focus remains on maximizing ETH exposure, optimizing shareholder returns, and leveraging scale for tokenization opportunities.