Bitmine Immersion Technologies Announces Cash Dividend of $0.1056 per Share of 9.50% Series A Perpetual Preferred Stock

Rhea-AI Summary

Bitmine Immersion Technologies (NYSE: BMNP) declared a cash dividend of $0.1056 per share on its 9.50% Series A Perpetual Preferred Stock. The dividend will be paid on July 10, 2026 to shareholders of record as of June 30, 2026.

Positive

• Declared $0.1056 per share cash dividend on 9.50% Series A Preferred
• Dividend payment date set for July 10, 2026
• Record date of June 30, 2026 offers clear timeline for investors

Negative

• Cash dividend represents a cash outflow for the company on July 10, 2026

News Market Reaction – BMNP

+1.16%

+1.16% Session close to close

In the Jun 22 session, BMNP gained 1.16%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms a cash dividend of $0.1056 per preferred share, reinforcing the income pr...

Analysis

This announcement confirms a cash dividend of $0.1056 per preferred share, reinforcing the income profile for Series A holders. With no recent news history provided, key watchpoints remain the issuer’s fundamentals and ongoing dividend sustainability.

Key Figures

Cash dividend: $0.1056 per share Dividend rate: 9.50% Payment date: July 10, 2026 +1 more

4 metrics

Cash dividend $0.1056 per share Declared on 9.50% Series A Perpetual Preferred Stock

Dividend rate 9.50% Series A Perpetual Preferred Stock coupon

Payment date July 10, 2026 Dividend payable date for Series A Preferred Stock

Record date June 30, 2026 Holders of record eligible for dividend

Key Terms

perpetual preferred stock, certificate of designations

2 terms

perpetual preferred stock financial

"9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock")"

A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.

certificate of designations regulatory

"in accordance with the terms of the Certificate of Designations governing"

A certificate of designations is a formal legal document that spells out the specific rights and rules attached to a particular class of stock, most often preferred shares. It tells investors who gets paid first, what dividends or conversion rights exist, and any voting or liquidation priorities—like an instruction sheet that decides which shareholders get preference if a company pays out or is sold. Those terms directly affect a security’s value and risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NORWALK, Conn., June 18, 2026 /PRNewswire/ -- (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") announced today that its Board of Directors has declared a cash dividend of $0.1056 on the Company's 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), which is listed on the New York Stock Exchange under the trading symbol "BMNP".

The dividend will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The dividend will be paid on July 10, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 30, 2026.

About Bitmine

Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as 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 dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:

https://x.com/bitmnr
https://x.com/fundstrat

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. The statements in this press release that are not purely historical are forward-looking statements which 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. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; 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 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 performance outcomes and results may differ materially from those expressed in 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 SEC filings, 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 for revisions or changes after the date of this release, except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-announces-cash-dividend-of-0-1056-per-share-of-9-50-series-a-perpetual-preferred-stock-302804773.html

SOURCE Bitmine Immersion Technologies, Inc.

FAQ

What dividend did Bitmine (NYSE: BMNP) declare on its 9.50% Series A Preferred Stock for July 2026?

Bitmine declared a $0.1056 per share cash dividend on its 9.50% Series A Perpetual Preferred Stock. According to Bitmine, this dividend applies to all outstanding BMNP shares and follows the Certificate of Designations terms for the preferred stock.

When is the record date for Bitmine's BMNP preferred stock dividend announced on June 18, 2026?

The record date for Bitmine's BMNP preferred dividend is June 30, 2026. According to Bitmine, shareholders of the 9.50% Series A Perpetual Preferred Stock on record at the close of business that day will be eligible to receive the dividend.

When will Bitmine (BMNP) pay the $0.1056 Series A Preferred Stock dividend?

Bitmine will pay the $0.1056 per share cash dividend on July 10, 2026. According to Bitmine, holders of record of the 9.50% Series A Perpetual Preferred Stock as of June 30, 2026 will receive this dividend payment in cash.

Which Bitmine stock is eligible for the $0.1056 dividend announced on June 18, 2026?

The $0.1056 cash dividend applies to Bitmine's 9.50% Series A Perpetual Preferred Stock, trading under symbol BMNP. According to Bitmine, only holders of this preferred series on the June 30, 2026 record date will receive the dividend.

Is Bitmine's 9.50% Series A Perpetual Preferred Stock (BMNP) listed on the New York Stock Exchange?

Yes, Bitmine's 9.50% Series A Perpetual Preferred Stock is listed on the NYSE under symbol BMNP. According to Bitmine, the newly declared $0.1056 per share cash dividend relates specifically to this listed preferred security.