---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41457110.md"
description: "BMNR has issued a preferred stock product BMNR, similar to STRC. The first batch will raise 300 million at a price of 100 yuan per share for 3 million shares, with a 9.5% annual interest rate, paying interest weekly, and requiring an annual payment of $28.5 million in perpetual dividends.Currently, ETH staking rewards (currently about 2.7%) bring BMNR $296 million annually, meaning 10% of that income will be used for interest payments.Finally, there is a new financing toolbox beyond ATM. Of course, there are also risks. If the ETH price reaches about $1,200, staking rewards will be unable to cover the debt.$BitMine Immersion Tech(BMNR.US)"
datetime: "2026-06-03T23:50:22.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41457110.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41457110.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41457110.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# BMNR has issued a preferred stock product BMNR, si…


### Related Stocks

- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)

## Comments (28)

- **岸皙 · 2026-06-08T15:27:46.000Z**: May I ask StockPro, can I buy bmnp Longbridge? Does this permanent dividend require tax withholding? If so, how much tax will be deducted? Hope for an answer 🥺
  - **lyhalfway** (2026-06-09T01:34:14.000Z): It should be possible, similar to STRC, but it hasn't been listed yet, expected to be within 30 days after the announcement. The tax deduction is probably the same as other stocks.
  - **岸皙** (2026-06-09T05:17:04.000Z): Thanks
- **adiw · 2026-06-04T11:54:22.000Z**: When does Uncle Yaren estimate the crypto bear market will last until?
  - **lyhalfway** (2026-06-04T13:10:31.000Z): Wait for another two months to see the progress of the bill more clearly
- **寄 · 2026-06-04T02:06:38.000Z · 👍 2**: Issuing dividends, that's going to be tricky.
  - **lyhalfway** (2026-06-04T02:14:23.000Z): It depends on how you define it. I think STRC is a great product for MSTR.
- **新用户vjkncn · 2026-06-04T01:24:22.000Z**: Bro, I can't hold on anymore with Mstr falling, when will it hit bottom?
  - **lyhalfway** (2026-06-04T13:10:19.000Z): If it doesn't break 60,000, then this is the bottom now.
- **唧唧喵 · 2026-06-04T00:51:36.000Z**: Is this another attempt to dilute shareholder risk?
  - **lyhalfway** (2026-06-04T01:37:16.000Z): Preferred stock won't create selling pressure in the short term, but in the long run, it's still dilution.
  - **kelvinaaa** (2026-06-04T01:58:12.000Z): It seems there might be some issues with this stock. May I ask what Uncle Yaren's persistence is about, or is it because he's bullish on Ethereum?
  - **lyhalfway** (2026-06-04T02:16:22.000Z): I think the issuance of products similar to STRC enriches the company's financing toolkit and is more suitable for the current period of low market sentiment (low premium). I'm still bullish on ETH, s
- **是娜娜子姐姐 · 2026-06-04T00:43:42.000Z**: Fallen to this level, can't hold on any longer.
- **互联网巴韭特 · 2026-06-04T00:35:22.000Z**: It feels like at least one of these two will blow up before this bear market ends.
- **大大大威少 · 2026-06-04T00:13:23.000Z**: Is this thing really still okay? It feels like crypto is almost dead.
  - **lyhalfway** (2026-06-04T01:37:32.000Z): Hmm, market sentiment is really poor.
- **顺心财来 · 2026-06-04T00:03:23.000Z**: Bro, recently crypto-related stocks like coin and mstr have been performing poorly. Do you still remain bullish on them? I'm still trapped in my position and struggling with whether to cut my losses.
  - **lyhalfway** (2026-06-04T00:04:45.000Z): I'm dollar-cost averaging
  - **涨辣** (2026-06-04T02:02:52.000Z): Mainland investors are prohibited from depositing funds. Can I still do dollar-cost averaging? 🥲
  - **投资&一片后山** (2026-06-04T02:07:28.000Z): Bro, is this regular investment monthly or weekly?