Bitmine announced a plan for 17 dividend distributions of the perpetual preferred stock BMNP this year, with a maximum dividend of $0.2639 per share

According to PR Newswire, Bitmine, the treasury company of Ethereum, announced that its board has approved a cash dividend plan for the A Series perpetual preferred stock BMNP for 17 subsequent distributions within the year, including the record dates, payment dates, and the amount of dividends per share for each period.

It is reported that BMNP holders will receive cash dividends according to the terms of the preferred stock, with the distribution period covering from August to December 2026. The amount for each distribution is mostly $0.1847 per share, with some periods at $0.1583, and the final distribution at the end of the year reaching up to $0.2639 per share, with the related dividends to be paid in cash.