Bitmine Files $300M Preferred Stock Offering to Buy More Ethereum

Bitmine Immersion Technologies has filed a preliminary prospectus supplement for a $300 million offering of 9.50% Series A Perpetual Preferred Stock, with proceeds earmarked primarily for acquiring additional Ethereum and expanding its validator infrastructure. The company is offering 3 million shares at $100 per share under the ticker BMNP on the NYSE. Joint lead bookrunners […] Read The Full Article Bitmine Files $300M Preferred Stock Offering to Buy More Ethereum On Coin Edition.