Bitmine Declares First Cash Dividend on Preferred Stock

By Tamara Parker • Sunday, June 14 16:06 • Permanent Link

Bitmine Immersion Technologies said its board declared the first cash dividend on its 9.50% Series A perpetual preferred stock, setting the payment at $0.316667 per share. The dividend covers the period from the June 10, 2026 initial issue date through June 22, 2026, and will be paid on June 22 to holders of record as of June 12.

The company also declared a second weekly dividend of $0.105556 per share. That payment is scheduled for June 26, 2026, with a June 16 record date.

The Series A preferred stock has been approved for listing on the New York Stock Exchange and is expected to begin trading on June 16, 2026 under the ticker BMNP. Bitmine’s common stock trades under BMNR.

Bitmine said the Series A preferred stock carries a 9.50% annual dividend rate and that the initial cash dividend reflects accumulated regular dividends since the stock’s June 10 issuance. As a result of these announcements, the company's shares have moved -2.48% on the market, and are now trading at a price of $16.11. For the full picture, make sure to review BITMINE IMMERSION TECHNOLOGIES, INC.'s 8-K report.

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