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Binance to Support Micron Stock Cash Dividend via bStocks

BlockBeats News, July 2nd, Binance will distribute Micron (MU) cash dividend to Micron stockholders through bStocks.


After deducting applicable withholding taxes, fees, costs, and other deductions, the net cash dividend amount will be reinvested in more units or fractional shares of the same underlying security.


Eligible users will receive the dividend in the form of MUB bStocks. On-chain MUB holders will receive bStock dividends through a multiplier adjustment. Eligibility: Users holding MUB as of the record date snapshot on July 6, 2026, at 00:00 (UTC) will be eligible for the dividend.

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On the eve of the earnings report, the expectation of a memory price hike continues to boost Micron's profit outlook.
Micron's Gross Margin Surges to 85%, Leveraging 16-nanometer DRAM to Turn Memory Shortage into Future Cash Flow
Micron may once again see both 'earnings + guidance' beat expectations, and the memory shortage could last until 2028.
Micron's third-quarter revenue, net income, and gross margin reached an all-time high, with a gross margin of 84.9%. The after-hours stock price rose by 14%. The company stated that it has entered into long-term price lock agreements with mega-scale customers and anticipates that the tight memory supply will persist beyond 2027.
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