Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock
Bitmine Immersion Technologies Makes Significant Announcements
Bitmine Immersion Technologies, Inc. (NYSE: BMNR) has recently made a significant stride in the financial landscape by announcing initial cash dividends for its Series A Preferred Stock, in addition to its upcoming listing on the New York Stock Exchange (NYSE). These actions highlight the company's commitment to its shareholders and its strategic growth within the cryptocurrency sector.
Initial Cash Dividends
On June 14, 2026, Bitmine’s board of directors declared the first cash dividends on its 9.50% Series A Perpetual Preferred Stock. The initial dividend of 0.316667 USD per share is set to be paid to shareholders on June 22, 2026, with the record date being June 12, 2026, at market close. This dividend payment signifies Bitmine's efforts to provide value to its investors as it continues to expand its operations.
In addition to the initial dividend, Bitmine has also approved a second weekly cash dividend of 0.105556 USD per share, scheduled for payment on June 26, 2026, with a record date of June 16, 2026. This structure not only incentivizes investment but also reflects a steady commitment to consistent shareholder returns.
NYSE Listing
The announcement also included news about Bitmine’s Series A Preferred Stock receiving approval for listing on the New York Stock Exchange under the ticker symbol BMNP. Trading is set to commence on June 16, 2026, marking a pivotal moment for the enterprise as it seeks to enhance visibility and credibility in the market. Equiniti Trust Company, LLC will serve as the transfer agent, registrar, and paying agent for the Series A Preferred Stock, ensuring a seamless process for shareholders.
About Bitmine
Founded with a vision to revolutionize the cryptocurrency mining industry, Bitmine operates as a Bitcoin miner based in the United States. The firm aims to leverage its excess capital to establish itself as a leading Ethereum treasury firm globally. Driven by an innovative approach dubbed the **