Tom Lee’s Bitmine (BMNR) to offer preferred stock with 9.5% dividend, following Strategy’s playbook
BitMine Immersion Technologies (BMNR), an Ethereum treasury company led by Fundstrat co-founder Tom Lee, is borrowing a page from Strategy’s financing playbook and launching a $300 million preferred stock offering as crypto treasury firms search for new ways to secure funding. According to a Wednesday filing with the U.S. Securities and Exchange Commission (SEC), the...
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