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Tom Lee's Bitmine (BMNR) to offer preferred stock with 9.5%, following Strategy's playbook

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CoinDesk Staff
(10:18 PM UTC)
1 min read
EW
Verified byEmily Watson
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Tom Lee's Bitmine to offer preferred stock with 9.5% dividend, seeking to raise $300 million

The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.

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…

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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CoinDesk Staff · CoinDesk

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