BitMine Immersion Technologies (BMNP) began trading its Series A Perpetual Preferred Stock on the New York Stock Exchange today, June 16, 2026.
The preferred shares carry a 9.50% dividend yield. The listing follows an offering closure on June 10. The offering generated approximately $273.8 million in net proceeds.
BitMine will use the capital to advance its strategy as an Ethereum treasury company. The firm currently holds 5.62 million ETH tokens. These holdings represent approximately 4.66% of the total Ethereum supply. The company recently launched MAVAN, an institutional-grade staking platform for treasury and external investors.
Today, June 16, serves as the record date for the second weekly cash dividend. Common stock shares (BMNR) showed no significant price movement during the day's session.