Bitmine Immersion Technologies announces initial dividends and NYSE listing for Series A preferred stock

Bitmine Immersion Technologies, Inc. announced its Board of Directors declared the first cash dividends on its 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200). The initial dividend of $0.316667 per share, covering accumulated payments since June 10, 2026, will be paid June 22, 2026, to shareholders recorded as of June 12, 2026. A second dividend of $0.105556 per share was also declared, payable June 26, 2026, to shareholders recorded by June 16, 2026. The Series A Preferred Stock has been approved for listing on the New York Stock Exchange (NYSE) and will begin trading under the ticker symbol 'BMNP' on June 16, 2026. Equiniti Trust Company, LLC serves as the transfer agent, registrar, and paying agent for the stock. Bitmine, a Bitcoin mining company with U.S. operations, is shifting its focus to become a leading Ethereum Treasury company. The company employs a strategy centered on Ethereum (ETH) as its primary treasury reserve asset, utilizing staking and decentralized finance mechanisms. In 2026, Bitmine launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for its digital assets. The company trades under the NYSE symbol 'BMNR' and operates with a philosophy of 'the alchemy of 5%' to guide its treasury and investment strategies. Forward-looking statements in the announcement include expectations for dividend payments, NYSE listing, and the execution of its digital asset accumulation strategy, subject to market and regulatory risks. Bitmine’s press release notes potential uncertainties, including its ability to finance operations, market conditions affecting stock prices, and regulatory developments in digital assets. Shareholders and investors are advised to consider these factors when evaluating the company’s prospects. For updates, Bitmine directs followers to its official X account at @bitmnr and @fundstrat.