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Crypto•22 June 2026•

1 min read

Bitmine Announces Cash Dividend for BMNP Preferred Stockholders

Key Facts

1Bitmine Immersion Technologies board approved a cash dividend of $0.1056 per share for preferred stockholders.

2The dividend is for holders of 9.50% Series A Perpetual Preferred Stock traded under the ticker BMNP.

In a move reflecting the company's commitment to its shareholders within the digital mining sector, the board of Bitmine Immersion Technologies has approved a cash dividend. According to reports, the dividend is set at $0.1056 per share for holders of its 9.50% Series A Perpetual Preferred Stock, traded under the ticker BMNP. This corporate action coincides with the company's Ethereum treasury reaching a significant milestone of 5.6 million ETH.

This dividend issuance aligns with a broader trend among crypto-mining firms, such as Riot Platforms and Marathon Digital, to bolster investor confidence through consistent payouts. Maintaining steady dividends on preferred shares serves as a signal of cash flow stability despite the inherent volatility of the digital asset markets, per market data and recent sector earnings reports.

Regarding price action, BMNP continues to trade as markets process the dividend news (close June 22, 2026). Investors are now looking toward the upcoming economic calendar, specifically the UK Inflation Rate data due on June 17, 2026, which could impact broader market sentiment and risk appetite for tech-adjacent equities.