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via The Block · By The Block Editorial

Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses

ETH

ETH/USDT

$1,803.85
+0.66%
24h Volume

$13,043,729,913.82

24h H/L

$1,833.40 / $1,728.95

Change: $104.45 (6.04%)

Long/Short
63.4%
Long: 63.4%Short: 36.6%
Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,798.59

0.72%

Volume (24h): -

Resistance Levels
Resistance 3$1,982.78
Resistance 2$1,869.88
Resistance 1$1,806.32
Price$1,798.59
Support 1$1,786.32
Support 2$1,707.63
Support 3$1,615.03
Pivot (PP):$1,786.98
Trend:Downtrend
RSI (14):58.6
TB
The Block Editorial
(02:38 AM UTC)
1 min read
MR
Verified byMichael Roberts
1100 views
0 comments

Bitmine, the world's largest Ethereum treasury company, has submitted an application to launch a public offering of its Series A perpetual preferred stock.

According to a Wednesday filing with the Securities and Exchange Commission, Bitmine said it seeks to offer 3 million shares of the stock, with a fixed cumulative dividend rate of 9.50% annually on a per-share amount of $100.

Dividends will…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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