{"id":609277,"date":"2026-06-04T06:52:50","date_gmt":"2026-06-04T06:52:50","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/04\/bitmine-eyes-dividend-paying-preferred-shares-echoing-strategys-playbook\/"},"modified":"2026-06-04T06:52:50","modified_gmt":"2026-06-04T06:52:50","slug":"bitmine-eyes-dividend-paying-preferred-shares-echoing-strategys-playbook","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/04\/bitmine-eyes-dividend-paying-preferred-shares-echoing-strategys-playbook\/","title":{"rendered":"Bitmine eyes dividend-paying preferred shares, echoing Strategy\u2019s playbook"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9hcnRpY2xlLWNvdmVycy0yNTk0OTctYml0bWluZS16YWt1cGlsYS1lc2UtNzEtMjUyLWV0aC5qcGc=.jpg\" alt=\"Bitmine eyes dividend-paying preferred shares, echoing Strategy\u2019s playbook\" class=\"type:primaryImage\" \/><\/p>\n<p>The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.<\/p>\n<p>Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy\u2019s financing playbook.\u00a0<\/p>\n<p>Bitmine <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1829311\/000149315226027136\/form424b5.htm\"><span>told<\/span><\/a> the SEC on Wednesday that it intends to offer 3 million of its 9.5% Series A perpetual preferred stock at $100 per share, which will trade under the symbol BMNP within 30 days of issuance.\u00a0<\/p>\n<p>Preferred shares are a hybrid of stocks and bonds. Investors are not directly betting on the company\u2019s growth but lending it money in exchange for regular payments. For every $100 share, Bitmine will pay dividends on a weekly basis, amounting to $9.50 per year.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitmine-turns-to-dividend-paying-shares-following-strategys-footsteps\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday. Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy\u2019s financing playbook.\u00a0 Bitmine told the SEC on Wednesday that it intends to offer 3 million of its 9.5% Series A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":609278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-609277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/609277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=609277"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/609277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/609278"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=609277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=609277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=609277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}