Community Articles
via Decrypt · By Decrypt Editorial
Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
ETH
ETH/USDT
$2,319.91
+1.16%
$2,319.91
+1.16%
(24s)24h Volume
$26,041,092,437.28
24h H/L
$2,360.00 / $2,221.54
Change: $138.46 (6.23%)
Long/Short
55.5%
Long: 55.5%Short: 44.5%
Funding Rate
+0.0039%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:49 AM UTC)
1 min read
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 through the sale of 3 million preferred shares to support ETH purchases…
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) User Loses 810 ETH in Tornado Cash Phishing Attack
August 20, 2026 at 01:16 PM UTC
BlackRock's ETHA Led $517M Ethereum (ETH) ETF Inflows
August 20, 2026 at 09:23 AM UTC
SEC's Regulation Crypto Assets Proposal Paves Way for Token Raises Up to $75M; Ethereum (ETH) Poised
August 20, 2026 at 03:45 AM UTC