BitMine Immersion Technologies said its board declared the first cash dividend on its 9.50% Series A perpetual preferred stock, setting a payment of $0.316667 per share to be paid June 22, 2026 to holders of record as of June 12.
The company also approved a second weekly dividend on the preferred stock, at $0.105556 per share, payable June 26, 2026 to holders of record as of June 16.
The Series A preferred stock has been approved for listing on the New York Stock Exchange and is scheduled to begin trading June 16, 2026 under the ticker BMNP.
The initial dividend covers accumulated regular dividends from the issue date of June 10, 2026. The company said Equiniti Trust Company will serve as transfer agent, registrar and paying agent for the security. 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. Check out the company's full 8-K submission here.
