June 4, 2026·Bullish·fundraising
BitMine Files $300M Preferred Stock Offering for ETH Treasury
BitMine Immersion Technologies, led by Tom Lee, filed to offer 3 million shares of 9.50% Series A Perpetual Preferred Stock at $100 per share, aiming to raise $300 million. The funds will be used to expand the company's Ethereum treasury.
Detected & updated continuously · Source: Nebula
Bitmine Immersion Technologies (BMNR)
@fundstratSources
@crypto_banter
BitMine Immersion Technologies, Tom Lee’s Ethereum treasury company, filed today to offer 3 million shares of 9.50% Series A Perpetual Preferred Stock at $100 stated value each, targeting a $300M raise. Dividends paid weekly in cash; shares to list on NYSE as BMNP. Proceeds https://t.co/C3kljGGtxX
@BitcoinNews
Bitmine Targets $300M in Preferred Stock to Stack More ETH, Yields 9.50% https://t.co/LEzPPL4B3l