Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

Bitmine Immersion Technologies announced that its Board of Directors declared initial cash dividends on its 9.50% Series A Perpetual Preferred Stock. The Series A Preferred Stock has been approved for listing on the New York Stock Exchange under ticker symbol 'BMNP' with trading expected to commence on June 16, 2026. The initial dividend of $0.316667 per share will be paid on June 22, 2026, followed by a second weekly dividend of $0.105556 per share on June 26, 2026.

06/12/2026, 4:19 PM • Benzinga

1 Unstoppable Crypto to Buy Before It Soars 14,870%, According to Wall Street's Tom Lee

Tom Lee, founder of Fundstrat Global Advisors and chairman of Bitmine, is bullish on Ethereum, expecting it to reach $22,000 in the near term and $62,000-$250,000 long term—representing a potential 14,870% gain from current prices. Lee believes Ethereum's developer ecosystem, Layer-2 scalability improvements, and role in stablecoins and tokenized assets will drive growth, particularly as AI agents require secure blockchains for transactions.

06/12/2026, 1:25 PM • The Motley Fool

1 Unstoppable Crypto to Buy Before It Soars 3,000%, According to Wall Street's Tom Lee

Tom Lee, chairman of Bitmine Immersion Technologies, predicts Ethereum could surge from $2,000 to $62,000 (a 3,000% return), based on Ethereum's dominance in decentralized finance and a projected Bitcoin price of $250,000. However, the author expresses skepticism, noting Ethereum is down 35% in 2026 and currently trades 62% below its all-time high, suggesting the $62,000 target may be unrealistic without major market momentum.

06/07/2026, 11:27 AM • The Motley Fool

Is Ethereum Falling Below $1,600 a Red Flag or a Green Signal to Buy?

Ethereum has plunged nearly 70% from its all-time high of $4,946 in August 2025 to below $1,600. While the author is bullish on Ethereum's long-term prospects due to its strong developer ecosystem and Layer 2 scaling solutions, he believes the sell-off isn't over due to macro headwinds, profit-taking into AI stocks and IPOs, and potential liquidations from companies holding Ethereum treasuries. He recommends only nibbling on Ethereum if you have a multi-year investment horizon.

06/05/2026, 1:05 PM • The Motley Fool

Bitmine Immersion Technologies Announces Pricing of Upsized Series A Perpetual Preferred Stock Offering

Bitmine Immersion Technologies priced an upsized Series A Perpetual Preferred Stock offering of 3.5 million shares at $80 per share, raising approximately $273.8 million in net proceeds. The 9.50% dividend preferred stock is expected to list on NYSE under ticker BMNP. The company plans to use proceeds for acquiring digital assets, expanding Ethereum staking infrastructure through MAVAN, and strategic investments in the digital asset ecosystem.

06/05/2026, 8:30 AM • Benzinga

Skip XRP and Buy This Top Cryptocurrency Instead

A Motley Fool analyst recommends buying Ethereum over XRP, citing two major catalysts: the imminent passage of the Digital Asset Market Clarity Act, which will particularly benefit Ethereum's dominance in stablecoins and DeFi, and increased buying from Ethereum treasury companies like Bitmine Immersion Technologies. The analyst argues that historically, Ethereum tends to lead altcoins like XRP during crypto bull market cycles.

05/30/2026, 6:19 PM • The Motley Fool

New Crypto Pepeto Presale Nears $10 Million While Ethereum Price Prediction Charts a $4,900 Target as Bitmine Loads 5.18 Million ETH

Pepeto, an Ethereum-based cryptocurrency project, has raised $9.92 million in its presale with backing from a former Binance developer. Ethereum price predictions target $4,900 based on technical analysis, supported by Bitmine's accumulation of 5.18 million ETH. Pepeto offers a decentralized exchange with zero-fee trading and cross-chain bridging capabilities.

05/09/2026, 10:55 PM • GlobeNewswire

Crypto News: Pepeto Announces DeFi Exchange Successful Tests Amid Ethereum Price Prediction Points to $6,000 Within a Year

Pepeto has completed testing of its DeFi exchange and is progressing toward Binance listing with over $9.5 million raised in presale. Ethereum is predicted to reach $6,000 within twelve months as institutional staking locks supply and ETF inflows grow, with nearly 39 million ETH (one-third of supply) currently in staking contracts.

04/26/2026, 8:47 AM • GlobeNewswire

Crypto News: ETH Based Pepeto Stages Update While the Ethereum Price Prediction Aims For Five Figures

Pepeto, an Ethereum-based cryptocurrency, completed its presale raising $9.02 million, the fastest raise of any new project this cycle. The project features zero-fee swaps and cross-chain bridges. Ethereum price predictions target $7,000-$15,000, with analysts suggesting Pepeto could deliver 50x returns post-launch based on historical meme coin performance.

04/14/2026, 1:40 AM • GlobeNewswire

Stock Market Today, March 31: Bitmine Immersion Technologies Jumps on Crypto Recovery Hopes

Bitmine Immersion Technologies surged 8.06% on March 31, 2026, following its recent Ethereum staking platform launch and broader cryptocurrency market gains. The stock has declined 27% year-to-date despite today's gains, with performance heavily tied to Ethereum prices. B. Riley maintained a 'buy' rating with a $33 price target, citing the staking platform as a key growth driver. Bitmine now holds nearly 4% of all Ethereum in circulation.

03/31/2026, 6:12 PM • The Motley Fool

Digital Asset Treasury Strategy Positions Companies for Long-Term Shareholder Value

Companies are increasingly adopting digital asset treasury strategies, allocating portions of their balance sheets to Bitcoin and blockchain-based instruments to hedge inflation risk and protect capital. Several firms including Greenlane Holdings, Cipher Mining, Bitmine Immersion, Coinbase, and Hut 8 Corp are making strategic moves in this space, from validator deployments to new product launches and infrastructure investments.

01/20/2026, 8:45 AM • Benzinga

Cathie Wood's Ark Unleashes Cryptic ARKmoji Teasers To Showcase Its 'Big Ideas' For 2026: Can You Take A Guess At The Hidden Meaning?

Ark Invest unveiled its 'big ideas' for 2026 through cryptic ARKmoji images, challenging users to interpret six investment themes: AI Agents, Genomics, Space Race (reusable rockets), Cryptocurrencies/Tokenization, Robotics, and The Great Acceleration. The firm highlighted portfolio holdings aligned with each theme, spanning multiple sectors from biotech to defense and space technology.

01/20/2026, 12:05 AM • Benzinga

Deal Dispatch: From $14B Medtech Buys To Vodka Bankruptcies, This Week's M&A Roundup

This week's M&A activity spans major acquisitions and bankruptcies. Boston Scientific agreed to acquire Penumbra for $14.6 billion, expanding its neurovascular presence. Devon Energy and Coterra Energy are in merger discussions to create a major shale producer. Paramount Skydance's lawsuit against Warner Bros. Discovery was rejected by a Delaware judge. BitMine Immersion invested $200 million in MrBeast's Beast Industries. Meanwhile, spirits producers Stoli Group USA and Kentucky Owl converted their Chapter 11 bankruptcies to Chapter 7 liquidation, and Sailormen Inc., a Popeyes franchisee, filed for bankruptcy.

01/16/2026, 3:54 PM • Benzinga

This Popular Cryptocurrency Could Soar by 177% in 2026, According to Wall Street Analyst Tom Lee

Wall Street analyst Tom Lee predicts Ethereum's native cryptocurrency Ether could surge to $9,000 per coin in early 2026, representing a 177% gain from current levels. Lee, who chairs BitMine Immersion Technologies which owns $13.4 billion worth of Ethereum, believes decentralized applications will transform finance and other industries. However, the article's author expresses caution about the timing and feasibility of this target, noting Ether has already lost 32% from its 2025 peak and questioning whether it can nearly triple in value within months.

01/10/2026, 4:27 AM • The Motley Fool

Nike, Insmed, And Arm Are Among Top 10 Large Cap Losers Last Week (Dec. 15-Dec. 19): Are the Others in Your Portfolio?

Ten large-cap stocks experienced significant declines last week. Nike fell 12.81% due to a 17% decline in Greater China sales and analyst downgrades. ARM Holdings dropped 9.77% following Goldman Sachs and Bank of America downgrades. Other major losers included Lennar (9.94% decline after earnings miss), Marathon Petroleum (9.42%), Phillips 66 (8.84%), Coupang (8.52%), BitMine Immersion (9.15%), Insmed (11.37%), Entegris (5.90%), and ServiceNow (0.78%).

12/21/2025, 10:01 AM • Benzinga