Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push – Decrypt
In brief BitMine is seeking to raise up to $300 million for its ETH treasury strategy. The shares would carry a $100 stated amount and 9.50% annual dividend. Staking yield may help fund payouts, though ETH price and timing risks remain, analysts say. Ethereum treasury firm BitMine is seeking to raise up to $300 million...
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