Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

Bitmine Immersion Technologies (NYSE: BMNR) declared initial cash dividends on its 9.50% Series A Perpetual Preferred Stock and announced NYSE listing approval under ticker BMNP.

Rhea-AI Summary

Bitmine Immersion Technologies (NYSE: BMNR) declared initial cash dividends on its 9.50% Series A Perpetual Preferred Stock and announced NYSE listing approval under ticker BMNP.

The initial dividend is $0.316667 per share payable June 22, 2026, plus a second weekly dividend of $0.105556 on June 26, 2026. Trading in BMNP is expected to begin June 16, 2026.

Positive

• Initial Series A preferred dividend of $0.316667 per share payable June 22, 2026
• Second weekly Series A preferred dividend of $0.105556 per share payable June 26, 2026
• Series A Preferred Stock approved for NYSE listing under ticker BMNP starting June 16, 2026

Negative

• None.

Argus Jun 15 session

+6.21% close to close Open Argus

Details

News Market Reaction – BMNR

On Jun 15, the first trading day after this news, BMNR closed 6.21% above the previous close.

Data tracked by StockTitan Argus for the Jun 15 session.

Key Figures

Dividend rate: 9.50% per annum Initial dividend: $0.316667 per share Second weekly dividend: $0.105556 per share +5 more

Dividend rate

9.50% per annum

Series A Perpetual Preferred Stock stated dividend rate

Initial dividend

$0.316667 per share

Initial accumulated dividend from June 10 to June 22, 2026

Second weekly dividend

$0.105556 per share

Weekly cash dividend payable June 26, 2026

Initial issue date

June 10, 2026

Start of dividend accrual for Series A Preferred

Record date initial dividend

June 12, 2026

Holders of record for $0.316667 dividend

Payment date initial dividend

June 22, 2026

Cash payment date for initial dividend

Record date second dividend

June 16, 2026

Holders of record for $0.105556 dividend

Preferred listing date

June 16, 2026

BMNP NYSE trading expected to commence

Historical Context

5 past events · Latest: Jun 11

5 events

1. Jun 11

   Treasury holdings update

   24h Move

   +5.6%

   Eightco reported ~$406M in crypto and strategic treasury assets.

2. Jun 05

   Preferred offering priced

   24h Move

   -11.1%

   Bitmine priced 3.5M 9.50% Series A Preferred, raising ~$273.8M.

3. Jun 05

   Equity infusion

   24h Move

   -11.1%

   Hawkeye strengthened balance sheet via $5M equity and higher control stake.

4. Jun 04

   Treasury holdings update

   24h Move

   +5.9%

   Eightco disclosed ~$437M in holdings including large WLD and ETH stakes.

5. Jun 03

   Preferred offering proposed

   24h Move

   +5.9%

   Bitmine announced planned 3M-share 9.50% Series A Preferred offering.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

perpetual preferred stock, certificate of designations, cusip, transfer agent

4 terms

perpetual preferred stock financial

"9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200)"

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 the Series A"

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.

cusip financial

"9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200)"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

transfer agent financial

"Equiniti Trust Company, LLC serves as the transfer agent, registrar and paying agent"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

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

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• Bitmine's Board of Directors declares initial cash dividends on the Company's 9.50% Series A Perpetual Preferred Stock
• Series A Preferred Stock approved for listing on the New York Stock Exchange under the symbol "BMNP" with trading expected to commence on Tuesday, June 16, 2026

NORWALK, Conn., June 12, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") announced today that its Board of Directors has declared the 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 accumulated regular dividends from the initial issue 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 Stock. The initial dividend of $0.316667 per share will be paid on June 22, 2026 to holders of record of the Series A Preferred Stock 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 Stock has 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 serves as the 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 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 Stock, the listing and commencement of trading of the Series A Preferred Stock 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 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-initial-dividends-and-nyse-listing-for-series-a-preferred-stock-302799416.html

SOURCE Bitmine Immersion Technologies, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Bitmine (BMNP) announce for its 9.50% Series A Preferred Stock?

Bitmine declared an initial cash dividend of $0.316667 per share on its 9.50% Series A Perpetual Preferred Stock. According to the company, this covers accumulated regular dividends from June 10, 2026 and will be paid in cash under the existing Certificate of Designations.

When is the Bitmine (BMNP) initial Series A preferred dividend record and payment date?

The initial Series A preferred dividend record date is June 12, 2026, with payment on June 22, 2026. According to Bitmine, holders of record at the close of business on June 12, 2026 will receive $0.316667 per share in cash.

What is the second weekly dividend amount and schedule for Bitmine Series A Preferred (BMNP)?

Bitmine declared a second weekly cash dividend of $0.105556 per share on its Series A Preferred Stock. According to the company, this dividend will be paid June 26, 2026 to holders of record as of the close of business on June 16, 2026.

When will Bitmine Series A Preferred Stock start trading on the NYSE under BMNP?

Bitmine’s Series A Preferred Stock is expected to begin trading on the NYSE on Tuesday, June 16, 2026 under ticker BMNP. According to the company, the stock has been approved for listing, with Equiniti Trust Company acting as transfer and paying agent.

What is the dividend rate and structure of Bitmine’s 9.50% Series A Perpetual Preferred Stock (BMNP)?

Bitmine’s Series A Preferred Stock carries a 9.50% dividend rate and is perpetual preferred equity. According to the company, dividends are paid in cash in line with the Certificate of Designations, with initial and weekly dividends already declared and scheduled in June 2026.