BitMine Immersion Technologies ($BMNR) has declared its first cash dividend on its 9.50% Series A perpetual preferred stock ($BMNP), a move the company is framing as a key step in hardwiring an Ethereum (ETH)-centric treasury strategy into its capital structure.
The company said the dividend will be $0.1056 per share, with a record date of June 30, 2026, and a payment date of July 10, 2026. The announcement ties into BitMine’s broader roadmap—dubbed the ‘Alchemy 5%’ plan—under which it aims to accumulate ETH as a primary reserve asset and build recurring yield streams through staking and… Read more
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