Bitmine (NYSE: BMNR) starts Series A preferred dividends and NYSE listing
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Bitmine Immersion Technologies, Inc. announced initial cash dividends and a New York Stock Exchange listing for its 9.50% Series A Perpetual Preferred Stock. The company will pay an initial dividend of $0.316667 per share on June 22, 2026 to holders of record as of June 12, 2026.
A second weekly cash dividend of $0.105556 per share will be paid on June 26, 2026 to holders of record as of June 16, 2026. The Series A Preferred Stock has been approved for listing on the NYSE and is expected to begin trading on June 16, 2026 under the ticker symbol BMNP.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Dividend rate: 9.50% Series A Perpetual Preferred Stock
Initial dividend per share: $0.316667 per share
Second weekly dividend per share: $0.105556 per share
+4 more
7 metrics
Dividend rate
9.50% Series A Perpetual Preferred Stock
Stated dividend rate on Series A Preferred
Initial dividend per share
$0.316667 per share
Initial cash dividend on Series A Preferred, paid June 22, 2026
Second weekly dividend per share
$0.105556 per share
Second weekly cash dividend on Series A Preferred, paid June 26, 2026
Initial dividend record date
June 12, 2026
Record date for $0.316667 per-share dividend
Second dividend record date
June 16, 2026
Record date for $0.105556 per-share dividend
Preferred listing date
June 16, 2026
Expected NYSE trading start date for Series A Preferred
Preferred ticker
BMNP
NYSE ticker for Series A Preferred Stock
Key Terms
9.50% Series A Perpetual Preferred Stock, Certificate of Designations, transfer agent, staking, +2 more
6 terms
9.50% Series A Perpetual Preferred Stock financial
"initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock"
Certificate of Designations regulatory
"in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock"
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.
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.
staking technical
"leveraging native protocol-level activities including staking and decentralized finance mechanisms"
Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.
decentralized finance technical
"leveraging native protocol-level activities including staking and decentralized finance mechanisms"
Decentralized finance, often called DeFi, is a way of using digital technology to offer financial services like lending, borrowing, and trading without relying on traditional banks or institutions. It operates on open networks where anyone can participate, much like a digital marketplace that runs on shared computer systems. For investors, DeFi provides more direct control over their assets and access to financial activities outside conventional systems.
forward-looking statements regulatory
"This press release contains statements that constitute “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What did Bitmine Immersion Technologies (BMNR) announce in this 8-K?
Bitmine announced initial cash dividends and a New York Stock Exchange listing for its 9.50% Series A Perpetual Preferred Stock, outlining specific per-share amounts, record dates, and payment dates for early dividends.
How much is the initial dividend on Bitmine’s 9.50% Series A Preferred Stock?
The initial dividend is $0.316667 per share, representing accumulated regular dividends from the June 10, 2026 issue date, payable in cash under the Certificate of Designations governing the Series A Preferred Stock.
When will Bitmine (BMNR) pay the first two Series A preferred dividends?
The initial $0.316667 per-share dividend will be paid on June 22, 2026, and the second $0.105556 per-share weekly dividend will be paid on June 26, 2026, each to holders of record on specified June record dates.
What are the record dates for Bitmine’s Series A Preferred Stock dividends?
For the initial $0.316667 per-share dividend, the record date is June 12, 2026. For the second $0.105556 per-share weekly dividend, the record date is June 16, 2026, both based on close of business holdings.
On which exchange will Bitmine’s Series A Preferred Stock trade and under what ticker?
Bitmine’s 9.50% Series A Perpetual Preferred Stock has been approved for listing on the New York Stock Exchange and is expected to begin trading under the ticker symbol BMNP on June 16, 2026.
What business does Bitmine Immersion Technologies (BMNR) operate?
Bitmine is a Bitcoin miner with U.S. operations that is also implementing an Ethereum-focused treasury strategy, using staking and decentralized finance mechanisms, including its MAVAN staking infrastructure launched in 2026.