Bitmine Immersion Technologies Declares Cash Dividends for its 9.50% Series A Preferred Stock

Bitmine Immersion Technologies (NYSE: BMNR, BMNP) has declared 17 cash dividends on its 9.50% Series A Perpetual Preferred Stock, according to AP News. The Board of Directors set both record and payment dates for the payouts, which will go to holders of BMNP shares listed on the New York Stock Exchange.
The preferred stock carries a fixed 9.50% annual yield. Dividends will be paid in cash, following the rules set out in the Certificate of Designations that governs the Series A Preferred Stock, PR Newswire reported.
The Board declared a total of 17 separate cash dividend payments. Each payment covers a set period and follows a fixed schedule tied to the 9.50% annual rate, according to PR Newswire. Holders of BMNP shares must be on record by the stated record date to receive each payment.
The Series A Preferred Stock is a perpetual instrument. That means it has no set end date. Investors hold shares indefinitely and collect dividends as long as the company declares them, Newswire Canada noted.
Bitmine operates in several areas of the digital asset space. Its core businesses include bitcoin mining, institutional staking, and digital asset validation services, according to AP News. The company also manages a strategic portfolio of digital assets.
Beyond mining, Bitmine puts money into early-stage blockchain projects. The company calls these "moonshot investments." It also earns revenue from hosting, consulting, and other services tied to mining operations, PR Newswire UK reported.
Bitmine trades under two NYSE symbols. BMNR is the common stock. BMNP is the preferred stock. Common shareholders own a piece of the company. Preferred shareholders get fixed dividends first, before common shareholders receive anything, according to PR Newswire.
Preferred stock like BMNP is often compared to a bond. It pays a set rate — in this case 9.50% per year — and has no expiration date. That structure appeals to income-focused investors who want steady cash payouts, Newswire Canada noted.
Bitmine flagged that its dividend announcement contains forward-looking statements. These are projections about the future, not guarantees. The company warned that many factors outside its control could affect results, according to AP News.
Investors looking for a full list of risks can find them in Bitmine's Form 10-K, filed with the SEC on November 21, 2025. That document covers financial, operational, and market risks specific to Bitmine's business, PR Newswire reported.
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