on BitMine Immersion Technologies, Inc.
Bitmine Immersion Technologies Declares Initial Dividends and NYSE Listing
Bitmine Immersion Technologies, Inc. has announced the declaration of initial cash dividends on its 9.50% Series A Perpetual Preferred Stock. This announcement marks a significant step as Bitmine's Board of Directors has approved the listing of the Series A Preferred Stock on the New York Stock Exchange. Trading is expected to commence on June 16, 2026, under the ticker symbol "BMNP".
The initial dividend, representing accumulated regular dividends since June 10, 2026, will be $0.316667 per share and payable on June 22, 2026. A second weekly cash dividend of $0.105556 per share has also been declared, with payment set for June 26, 2026. Equiniti Trust Company, LLC will serve as the transfer and paying agent for these dividends.
This move reflects Bitmine's strategic financial developments, emphasizing its focus on cryptocurrency, particularly its Ethereum Treasury operations. Investors await the performance of these newly listed preferred stocks on the NYSE.
R. P.
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