Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering

ahboyashreads (@ahboyashreads), Jun 4, 2026, 03:24 UTC

Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering Bitmine has announced a proposed public offering of 3,000,000 shares of its 9.50% Series A Perpetual Preferred Stock at a stated amount of $100 per share The company intends to use the net proceeds for general corporate purposes, including the acquisition of additional ETH, expanding its staking and validator infrastructure, and repurchasing common stock https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-announces-proposed-series-a-perpetual-preferred-stock-offering-302790811.h…

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