Community Articles
via BeInCrypto · By BeInCrypto Editorial
BitMine Tests Saylor’s Capital Strategy While Sitting on $8 Billion ETH Loss
ETH
ETH/USDT
$2,689.98
-1.26%
$2,689.98
-1.26%
(24s)24h Volume
$8,635,961,361.69
24h H/L
$2,724.36 / $2,668.84
Change: $55.52 (2.08%)
Long/Short
61.0%
Long: 61.0%Short: 39.0%
Funding Rate
-0.0000%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(04:29 AM UTC)
1 min read
BitMine Immersion Technologies (BMNR) announced plans to sell 3 million shares of 9.50% Series A Perpetual Preferred Stock at $100 each.
The structure closely mirrors the financing model used by Michael Saylor’s MicroStrategy to buy crypto.
A Familiar Playbook
Digital asset treasury firms raise capital in public markets, then buy tokens with the proceeds. Strategy (MSTR) pioneered the approach with…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles
Ethereum (ETH) Korea One Genesis Opens Sep 29 in Seoul With Foundation on Roster
September 26, 2026 at 07:48 AM UTC
US Spot Ethereum (ETH) ETFs Extend Inflow Streak to Six Sessions With $87M Day
September 26, 2026 at 06:44 AM UTC
Bitget Hack Hits $387.5M After Its Own System Approved Fraudulent Ethereum (ETH) Transfers
September 26, 2026 at 03:33 AM UTC