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via Decrypt · By Decrypt Editorial
Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
ETH
ETH/USDT
$1,800.68
+0.96%
$1,800.68
+0.96%
(24s)24h Volume
$13,075,352,615.30
24h H/L
$1,833.40 / $1,728.95
Change: $104.45 (6.04%)
Long/Short
63.2%
Long: 63.2%Short: 36.8%
Funding Rate
+0.0052%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:49 AM UTC)
1 min read
1324 views
0 commentsIn 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 through the sale of 3 million preferred shares to support ETH purchases…
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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