BMNR BITMINE IMMERSION TECHNOLOGIES, INC.

NEUTRAL Impact: 3/10 8-K
Horizon immediate Filed Jun 12, 2026 Processed 2d 13h ago SEC 0001493152-26-028483
8-K context-dependent: Items 7.01

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Executive Summary

Bitmine Immersion Technologies announced initial cash dividends on its 9.50% Series A Perpetual Preferred Stock and that the Series A Preferred Stock has been approved for listing on the NYSE under ticker 'BMNP', with trading expected to start June 16, 2026. This is a routine administrative update regarding the preferred dividend schedule and exchange listing; no financial results, guidance, or material operational changes were disclosed.

Actionable Insight

This is a routine dividend declaration and NYSE listing update for the Series A preferred. No material impact on common stock. Monitor the first trade of BMNP on June 16 for price discovery on the preferred security relative to its 9.50% coupon. The common stock (BMNR) is unaffected by this filing.

Key Facts

  • Board declared initial dividend of $0.316667 per share on Series A Preferred Stock, payable June 22, 2026 to holders of record June 12, 2026
  • Second weekly cash dividend of $0.105556 per share declared, payable June 26, 2026 to holders of record June 16, 2026
  • Series A Preferred Stock approved for NYSE listing under symbol 'BMNP', trading expected to commence June 16, 2026
  • Dividends are at the stated 9.50% annual rate on the Series A Perpetual Preferred Stock

Financial Impact

Initial dividend of $0.316667 per share and second dividend of $0.105556 per share declared; total Series A offering size and number of shares outstanding not disclosed in filing.

Risk Factors

  • Preferred stock dividends are cumulative obligations; any failure to pay could signal financial distress
  • Digital asset price volatility (Bitcoin/Ethereum) could impact the company's ability to sustain preferred dividends and treasury strategy

Market Snapshot

Exchange
NYSE
Sector
Finance Services
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001493152-26-028483
Exhibit: ex99-1.htm0001493152-26-028483
Document: 0001493152-26-028483-index-headers.html0001493152-26-028483
Document: 0001493152-26-028483-index.html0001493152-26-028483
Document: 0001493152-26-028483.txt0001493152-26-028483
19 reports for BMNR
Performance horizon
80% Hit rate 4 of 5 directional calls best @ T+20▲ +10.63%Apr 6, 2026
Filters
Rows
Reports for BMNR — sortable, filterable
Type Now
Jun 12, 2026
2d ago
8-K
NEUTRAL ★ 3/10
$16.09 awaiting T+1awaiting T+1$16.11 (+0.12%)
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 3/10
$15.50 awaiting T+1awaiting T+1$16.11 (+3.94%)
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 4/10
$15.50 awaiting T+1awaiting T+1$16.11 (+3.94%)
Jun 10, 2026
4d ago
8-K
NEUTRAL ★ 5/10
$15.64 awaiting T+1awaiting T+1$16.11 (+3.04%)
Jun 8, 2026
6d ago
8-K
NEUTRAL ★ 4/10
$16.65 awaiting T+1awaiting T+1$16.11 (−3.24%)
Jun 5, 2026
9d ago
424B5
NEUTRAL ★ 4/10
$16.04 awaiting T+1awaiting T+1$16.11 (+0.44%)
Jun 3, 2026
11d ago
424B5
NEUTRAL ★ 4/10
$17.89 $15.90▼ −11.12%▼ −8.55%$16.11 (−9.95%)
Jun 2, 2026
12d ago
8-K
NEUTRAL ★ 2/10
$16.90 $17.89▲ +5.86%▲ +5.45%$16.11 (−4.67%)
Jun 1, 2026
13d ago
8-K
NEUTRAL ★ 4/10
$18.85 $17.97▼ −4.67%▼ −4.81%$16.11 (−14.54%)
May 26, 2026
19d ago
8-K
NEUTRAL ★ 4/10
$19.20 $18.82▼ −1.98%▼ −1.99%$16.11 (−16.09%)
Showing 10 of 19

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