BitMine Files for $300 Million Preferred Stock Offering at 9.5%, Adapting Strategy’s Playbook for Its Ethereum Treasury

BitMine Immersion filed for $300M in 9.5% perpetual preferred stock to fund its Ethereum treasury, adopting Strategy's STRC-style financing playbook while sitting on a $9.2B unrealized ETH loss. The post BitMine Files for $300 Million Preferred Stock Offering at 9.5%, Adapting Strategy’s Playbook for Its Ethereum Treasury appeared first on Unchained.