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financeBitMine Prices $274M Preferred Stock Offering at 9.5% Dividend to Fuel Ethereum Treasury
BitMine raises $274M via preferred stock sale to acquire more Ethereum, fund staking, and buy back shares. The 9.5% dividend shares will list on NYSE.
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cryptoBitmine Files Preferred Stock Offering with 9.5% Yield to Buy More Ethereum
Bitmine plans to raise $300 million via preferred stock to expand its Ethereum holdings, following a playbook similar to MicroStrategy.