Bitmine Declares $0.1056 Per Share Dividend on BMNP Preferred Stock, Backed by 5.62M ETH Holdings

ETH0.93%

Bitmine Immersion Technologies declared a $0.1056 per share cash dividend on its 9.50% Series A Perpetual Preferred Stock (BMNP), listed on the New York Stock Exchange. The dividend is payable on July 10, 2026, to shareholders of record as of June 30, 2026.

As of June 14, Bitmine held 5.62 million ETH, equivalent to approximately 4.66% of Ethereum's circulating supply, with 4.72 million ETH staked through its validator operations. The staked position is valued at roughly $8.1 billion at current prices. The company projects annual staking rewards of approximately $219 million, which management expects to channel toward funding future dividend payments on the preferred shares.

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