BitMine's Preferred Stock Begins Trading This Week As Ethereum Heads For Its Worst First Half Since 2022

Yahoo Finance·Jun 14

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

BitMine's preferred stock has begun trading as the company expands its ethereum holdings. The company has reportedly added a significant amount of ether to its stash, funded by a preferred stock sale that raised hundreds of millions of dollars. The expansion comes as ethereum is on track for its worst first half performance since 2022.

Full coverage

Ethereum news: Tom Lee's Bitmine (BMNR) buys 76,881 ETH as preferred equity sale fuels expansion

CoinDesk·Jun 15

BitMine (NYSE: BMNR) Preferred Shares Begin Trading As Ethereum Faces Its Worst First Half Since 2022

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BitMine Adds Another $136 Million of Ether After Raising $274 Million in Preferred Stock Sale

unchainedcrypto.com·Jun 16

Bitmine (NYSE: BMNR) outlines $10.4B crypto stash and $273.8M raise

Stock Titan·Jun 15

BitMine Nears 5% Of All Ethereum As Tom Lee Keeps Buying — ETH Hits One-Week High

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Bitmine Preferred Stock Dividends at 9.50%: Can a Crypto Miner Deliver?

Cryptonews.net·Jun 14

Ethereum News: Bitmine Adds $136 Million in ETH, Funded by New Preferred Stock — And Tom Lee Says Staking Solves Strategy's Dividend Problem

Binance·Jun 15

Tom Lee's BitMine Adds $139 Million in Ethereum Ahead of Preferred Share Trading Start

Decrypt·Jun 15

View original report at Yahoo Finance ↗

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