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

ETH

ETH/USDT

$2,690.40

+0.36%

$2,690.40

+0.36%

(24s)

24h Volume

$12,943,360,981.76

24h H/L

$2,706.00 / $2,600.15

Change: $105.85 (4.07%)

Long/Short

60.6%

Long: 60.6%Short: 39.4%

Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,677.01

▼ -0.41%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,781.69

Resistance 1$2,703.03

Price$2,677.01

Support 1$2,623.47

Support 2$2,559.03

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):62.4

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…