Bitmine Immersion Technologies, Inc. (NYSE: BMNR) furnished a Form 8-K with the Securities and Exchange Commission on June 18, 2026, attaching a press release in which the company's board of directors declared a cash dividend on its 9.50% Series A Perpetual Preferred Stock. The declared amount is $0.1056 per share, and the preferred stock is listed on the New York Stock Exchange under the symbol BMNP. The dividend is the operative disclosure here: a scheduled cash payment to preferred holders, set against the backdrop of a company that describes its primary business as building an Ethereum treasury.

According to the press release, the dividend will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The company states the payment date is July 10, 2026, to holders of record as of the close of business on June 30, 2026. The $0.1056 figure is the per-share cash amount the board declared for this period; the 9.50% coupon in the security's name refers to the stated annual dividend rate on the perpetual preferred, which by its terms does not mature.

"Bitmine Immersion Technologies, Inc. ('Bitmine' or the 'Company') announced today that its Board of Directors has declared a cash dividend of $0.1056 on the Company's 9.50% Series A Perpetual Preferred Stock (the 'Series A Preferred Stock'), which is listed on the New York Stock Exchange under the trading symbol 'BMNP'."— Bitmine Immersion Technologies press release, Exhibit 99.1, source

The structural point for a markets desk is the distinction between Bitmine's two listed securities. The common stock trades as BMNR; the preferred trades as BMNP and carries the stated 9.50% perpetual coupon. A perpetual preferred is a fixed-rate instrument with no maturity date, and a declared dividend on it is a contractual cash outflow rather than a discretionary return to common holders. That makes this 8-K a cash-flow disclosure as much as a corporate-action notice: it tells preferred holders exactly what they will receive and when, and it tells the broader market that the company is servicing a preferred coupon while it pursues its token-treasury strategy.

The treasury strategy the filing describes

The same press release restates how Bitmine positions its business. The company describes itself as a Bitcoin miner with US operations that is "deploying its excess capital to be the leading Ethereum Treasury company in the world." It frames its approach around a stated philosophy it calls "the alchemy of 5%," and says it is committed to ETH as its primary treasury reserve asset, leveraging "native protocol-level activities including staking and decentralized finance mechanisms." The release also notes that the company launched what it calls MAVAN — a "Made-in America VAlidator Network" — described as dedicated staking infrastructure for Bitmine assets, in 2026.

Those are the company's own characterizations of its strategy, not independently audited results, and the network's reporting standard treats them as such: stated intentions and described infrastructure rather than verified financial outcomes. What the 8-K concretely establishes is narrower and firmer — the declaration of a specific cash dividend on a specific security, with named amounts and dates. The strategic language gives readers the context for why a Bitcoin miner is also running an Ethereum treasury and an in-house validator network, but the dividend itself is the disclosed, dated fact.

Reading the cash-flow signal

For preferred holders, a declared dividend is the security working as designed: the 9.50% perpetual coupon converts, this period, into a $0.1056 per-share cash payment on July 10. For common holders and prospective investors, the disclosure carries an indirect signal — the company is generating or holding enough liquidity to service its preferred obligations on schedule while continuing to accumulate ETH as a reserve asset. The 8-K does not quantify the size of the preferred class, the aggregate dividend cost, or the company's ETH holdings; those figures live in Bitmine's periodic reports rather than in this furnished press release. The record date and payment date matter for anyone trading the BMNP line in the interim: holders as of the close on June 30 are entitled to the declared amount, and the cash lands July 10. Because the security is perpetual, the declaration is best read as one in an expected series of coupon payments rather than a one-time return of capital, and the per-share amount disclosed here reflects the dividend accrued for the relevant period under the Certificate of Designations the release references.

The release also carries the standard forward-looking-statements caveat, which itself names the risk factors most relevant to a digital-asset treasury company. The company flags "regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives" and "the volatility and unpredictability of digital asset prices," alongside the performance and security of its staking operations and the future value of Bitcoin and Ethereum. In other words, the company's own cautionary language ties its dividend-paying capacity to token prices and to the regulatory environment for staking and digital assets — the same variables chainfilings watches across the treasury-operator cohort.

The filing was furnished by Bitmine Immersion Technologies, Inc., headquartered in Norwalk, Connecticut. The release directs readers to the Risk Factors section of the company's Form 10-K filed November 21, 2025, and notes that copies of Bitmine's SEC filings are available on the SEC's website. That cross-reference is itself a reminder that a dividend declaration is a point-in-time corporate action: the standing risk profile of an Ethereum-treasury miner — token-price volatility, staking-operations risk, and the trajectory of digital-asset regulation — sits in the periodic filings, while the 8-K records only the discrete fact that the board has committed cash to its preferred holders this quarter. The canonical record — the 8-K and its press-release exhibit — is available through SEC EDGAR.