- Bitmine Board of Directors Announces First Cash Dividends on Company’s 9.50% Series A Perpetual Preferred Stock
- The Series A Preferred Stock has been approved for listing on the New York Stock Exchange under the ticker symbol BMNP; their negotiation should begin on Tuesday June 16, 2026
/PRNewswire/ — (NYSE : BMNR) Bitmine Immersion Technologies, Inc. (« Bitmine » or the “ société ) announced today that its Board of Directors declared the first cash dividend on the Company’s 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “ series A privileged actions »).
The initial dividend, which is the cumulative ordinary dividends since the initial issue date of June 10, 2026, will be payable in cash in accordance with the provisions of the certificate of designation governing the Series A Preferred Shares. The first dividend, in the amount of $0.316667 per share, will be paid on June 22, 2026 to the holders of the Series A Preferred Shares of record as of the close of business on June 12, 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 Stock, which will be paid on June 26, 2026 to holders of record of the Series A Preferred Stock as of 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 ticker symbol “BMNP.” Equiniti Trust Company, LLC acts as transfer agent, registrar and paying agent for the Series A Preferred Stock.
About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin mining company operating in the United States. The company is deploying its excess capital to become the world’s first Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its “Alchemy of 5%” philosophy, the company is committed to making ETH its primary treasury reserve asset, leveraging native protocol-level activities, including staking and decentralized finance mechanisms. The company launched MAVAN (Made-in America VAlidator Network), a staking infrastructure dedicated to Bitmine assets, in 2026.
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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 may be identified by terms such as “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate” and other similar expressions. This document contains, among other things, forward-looking statements regarding the Company’s payment of dividends on the Series A Preferred Stock, the listing and commencement of trading of such 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 various factors, including: Bitmine’s ability to fund its current operations, its Ethereum-related treasury operations and its plans for future operations; market conditions affecting the price of the Company’s common stock and Series A preferred stock; regulatory developments relating to digital assets, including the final adoption and implementation of pending bills 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 performance and 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 all other documents filed with the SEC, as amended or updated from time to time. Copies of documents filed by Bitmine with the SEC are available on its website at: www.sec.gov. Bitmine undertakes no obligation to update these statements to reflect revisions or changes occurring after the date of this release, except as required by law.