- Bitmine’s Board of Directors Declares Initial Cash Dividends on the Company’s 9.50% Series A Perpetual Preferred Stock
- Series A Preferred Stock has been approved for listing on the New York Stock Exchange under the symbol “BMNP,” with trading expected to commence on Tuesday, June 16, 2026
/PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “company“) today announced that the board of directors will pay initial cash dividends on the 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “Series A Preferred Stock“) has established.
The initial dividend, which represents the cumulative regular dividends as of the initial issuance date of June 10, 2026, will be paid in cash in accordance with the terms of the Certificate of Designations applicable to the Series A Preferred Stock. The initial dividend of USD 0.316667 per share will be paid on June 22, 2026 to registered shareholders of the Series A Preferred Stock at market close on June 12, 2026.
The Company further announced that the Board of Directors has also declared a second weekly cash dividend of USD 0.105556 per share on the Series A Preferred Stock, which will be paid on June 26, 2026 to the registered shareholders of the Series A Preferred Stock at the close of market on June 16, 2026.
The Company also announced that the Series A Preferred Stock has been approved for listing on the New York Stock Exchange and will commence trading on Tuesday, June 16, 2026 under the ticker symbol “BMNP”. Equiniti Trust Company, LLC serves as transfer agent, registrar and paying agent for the Series A Preferred Stock.
Over Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the United States. The company is deploying its excess capital to become the leading Ethereum treasury company globally, implementing an innovative digital asset strategy for institutional investors and public capital markets participants. Driven by its philosophy of “the alchemy of 5%,” the company is fully committed to ETH as its primary treasury reserve asset, utilizing protocol-level activities including staking and DeFi mechanisms. The company launched MAVAN (Made-in America Validator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
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Forward-Looking Statements
This press release contains statements that may be qualified as “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 in nature are forward-looking statements that involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “anticipates,” “intends,” “believes,” “anticipates,” “estimates” and similar expressions. In particular, this document contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred Stock, the listing and commencement of trading of the Series A Preferred Stock on the New York Stock Exchange, and the Company’s strategy for digital asset accumulation and staking activities. In evaluating these forward-looking statements, you should consider several factors, including: Bitmine’s ability to fund its current operations, Ethereum treasury operations and proposed future operations; market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate adoption and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability and safety of the company’s strike operations; and the future value of Bitcoin and Ethereum. Actual future performance and results may differ materially from those indicated in any forward-looking statements. Forward-looking statements are subject to numerous factors, 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 SEC filings, as amended or updated from time to time. Copies of Bitmine’s SEC filings are available on the SEC’s website: www.sec.gov. Bitmine undertakes no obligation to update these statements after the date of this press release, except as required by law.