Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend

ETH

ETH/USDT

$2,317.52

+4.21%

$2,317.52

+4.21%

(24s)

24h Volume

$30,312,085,794.78

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

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,319.88

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$2,558.86

Resistance 2$2,397.18

Resistance 1$2,347.02

Price$2,319.88

Support 1$2,262.61

Support 2$2,208.51

Support 3$2,032.77

Pivot (PP):$2,164.15

Trend:Uptrend

RSI (14):84.2

Decrypt Editorial

(05:57 PM UTC)

1 min read

Approved bySarah Chen

BitMine raised ~$274 million by selling 3.5 million shares of preferred stock at $80/share, less fees.
Proceeds will fund Ethereum acquisitions, staking infrastructure, and possible stock buybacks.
The preferred shares pay a 9.5% annual dividend and are expected to list on the NYSE under ticker BMNP.

BitMine Immersion Technologies, the leading Ethereum treasury firm, priced a…