- Bitmine Board of Directors Approves Payment of Initial Cash Dividends Related to the Company’s 9.50% Series A Perpetual Preferred Stock
- The Series A Preferred Stock has been admitted to listing on the New York Stock Exchange under the symbol “BMNP”, with trading scheduled to begin on Tuesday, June 16, 2026
/PRNewswire/ — Bitmine Immersion Technologies, Inc. (“Bitmine“o la”Society“) announced today that the Board of Directors has approved the distribution of initial cash dividends relating to the Company’s Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “Serie A preferred shares“) al 9,50%.
The initial dividend, representing ordinary dividends accrued since the initial issuance date of June 10, 2026, will be paid in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The initial dividend, equal to $0.316667 per share, will be paid on June 22, 2026 to stockholders of record as holders of the Series A Preferred Stock at the close of business on June 12 2026.
The Company also announced that the Board of Directors has also approved the second weekly cash dividend of $0.105556 per share on the Series A Preferred Stock, which will be paid on June 26, 2026 to shareholders of record as holders of the Series A Preferred Stock at the close of business on June 16, 2026.
The Company also announced that the Series A Preferred Stock has been admitted to listing on the New York Stock Exchange and will begin trading on Tuesday, June 16, 2026 under the symbol “BMNP.” Equiniti Trust Company, LLC is acting as transfer agent, registrar and dividend paying agent for the Series A Preferred Stock.
About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the United States. The company is using excess capital to become the world’s leading Ethereum treasury firm, with an innovative digital asset strategy for institutional investors and public market participants. Guided by its “5% alchemy” philosophy, the Company is committed to using ETH as its primary treasury reserve asset, leveraging native protocol-level assets, including staking and decentralized finance mechanisms. In 2026, the Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets.
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Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “plans,” “projected,” “intends,” “believes,” “anticipates,” “estimates” and similar expressions. In particular, this document contains forward-looking statements regarding the payment of dividends on the Company’s Series A Preferred Stock, the listing and commencement of trading of the Series A Preferred Stock on the New York Stock Exchange, as well as the Company’s digital asset accumulation strategy and staking activities. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to fund its current business, Ethereum-related treasury operations and proposed future businesses; market conditions affecting the trading price of the Company’s common stock and Series A preferred stock; regulatory developments affecting digital assets, including the possible approval and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability and security of the Company’s staking operations; and the future value of Bitcoin and Ethereum. Actual future results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the “Risk Factors” section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as in any other filings with the SEC, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine assumes no obligation to update these statements in the event of revisions or modifications after the date of publication of this press release, except as required by law.