Bitmine Immersion Technologies Clears NYSE Listing for Series A Shares

Investors holding Bitmine Immersion Technologies' 9.50% Series A Perpetual Preferred Stock are set for their first cash distributions as the company prepares to shift its shares to the New York Stock Exchange. Trading for the security, designated under the ticker BMNP, is scheduled to begin on June 16, 2026.

The Board of Directors confirmed an initial dividend of $0.316667 per share, covering the period from the June 10 issuance through the close of business on June 12. Payments are slated for June 22. A subsequent weekly dividend of $0.105556 per share will follow shortly after, payable on June 26 to shareholders of record as of June 16.

Based in Norwalk, Connecticut, Bitmine operates as a Bitcoin miner while pivoting toward a broader digital asset strategy. The company is currently positioning itself as a leader in Ethereum treasury management, utilizing its proprietary MAVAN validator network to integrate staking and decentralized finance protocols into its institutional holdings.