📌 BitMine Files for $300 Million Preferred Stock Offering to Fund ETH Accumulation – The 9. 5% Series A Preferred Stock, underwritten by Moelis and Cantor, would be funded by staking yield on a treasury that has lost more than $9 billion since inception.
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BitMine filed to sell $300M of 9.5% Series A preferred stock, underwritten by Moelis and Cantor, to fund #Ethereum accumulation via staking yield on a treasury that has lost more than $9B since inception. #Macro Insights#