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via Decrypt · By Decrypt Editorial
Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
ETH
ETH/USDT
$1,753.05
-0.81%
$1,753.05
-0.81%
(24s)24h Volume
$10,473,800,146.13
24h H/L
$1,808.00 / $1,728.95
Change: $79.05 (4.57%)
Long/Short
65.9%
Long: 65.9%Short: 34.1%
Funding Rate
+0.0010%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(05:57 PM UTC)
1 min read
940 views
0 commentsIn brief
- 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…
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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