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Bitmine Plans 9.5% Preferred Stock Plan to Fuel Its Ethereum Buying Spree


Bitmine Plans 9.5% Preferred Stock Plan to Fuel Its Ethereum Buying Spree

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Bitmine, an Ethereum treasury company, filed to launch a public offering of 3 million shares of 9.50% Series A Perpetual Preferred Stock. The fundraising is intended to support corporate operations and Ethereum-focused initiatives, strengthening its crypto treasury and funding for adoption and development.

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Ethereum treasury company Bitmine has filed to launch a public offering of 3 million shares of its 9.50% Series A Perpetual Preferred Stock.

The proceeds are expected to support a range of corporate and Ethereum-focused initiatives.

Read the article at CryptoPotato

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