-Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Shares
- Bitmine’s Board of Directors declares initial cash dividends for the company’s Series A perpetual preferred shares with a dividend of 9.50%.
- The Series A Preferred Shares have been approved for trading on the New York Stock Exchange under the symbol “BMNP” and are expected to begin trading on Tuesday, June 16, 2026.
/PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) today announced that its Board of Directors has declared initial cash dividends on the Company’s 9.50% Series A perpetual preferred stock (CUSIP: 09175D 200) (the “Series A Preferred Stock”).
The initial dividend, which represents regular dividends accrued from the initial issuance date of June 10, 2026, will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Shares. The initial dividend of $0.316667 per share will be paid on June 22, 2026 to holders of record of the Series A Preferred Shares at the close of business on June 12, 2026. 2026.
The Company further announced that the Board of Directors also declared the second weekly cash dividend of $0.105556 per share on the Series A Preferred Shares, which will be paid on June 26, 2026 to holders of record of the Series A Preferred Shares at the close of business on June 16, 2026.
The company also announced that the Series A preferred shares have been approved for listing on the New York Stock Exchange and will begin trading on Tuesday, June 16, 2026 under the stock symbol “BMNP.” Equiniti Trust Company, LLC is acting as transfer agent, registrar and 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 putting its excess capital toward becoming the world’s leading Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its “5% alchemy” philosophy, the company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities, including staking and decentralized finance mechanisms. In 2026, the company launched MAVAN (Made-in America VAlidator Network), a staking infrastructure dedicated to 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,” “projects,” “projected,” “intends,” “believes,” “anticipates,” “estimates” and similar expressions. This document specifically contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred Shares, the listing and commencement of trading of the Series A Preferred Shares on the New York Stock Exchange, and the Company’s digital asset accumulation strategy and staking operations. In evaluating these forward-looking statements, you should consider several factors, including: Bitmine’s ability to fund its current business, Ethereum treasury operations and proposed future business; market conditions affecting the price of the Company’s common stock and Series A preferred stock; regulatory developments affecting digital assets, including the final enactment 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 and performance 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 all 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 undertakes no obligation to update these statements to reflect revisions or changes after the date of this release, except as required by law.