BitMine's 9.5% dividend yield is quite attractive; can mining stocks also be used as fixed income?

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CoinNetwork
CryptoWorld News reports that, according to PR Newswire, BitMine Class A Perpetual Preferred Stock BMNP has received approval to be listed on the New York Stock Exchange and will begin trading on June 16th, with an annual dividend yield of 9.50%.
The company will pay a first cash dividend of $0.316667 per share to shareholders registered at the close of trading on June 12th on June 22nd, and will pay a weekly dividend of $0.105556 per share to shareholders registered at the close of trading on June 16th on June 26th.
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