Ethereum News Today: BitMine to Raise $300M in Preferred Stock to Buy ETH
In Ethereum News at present, BitMine Immersion Technologies filed with the SEC on Wednesday to launch a Series A Perpetual Preferred Stock providing, 3 million shares at $100 per share, carrying a 9.5% cumulative annual dividend, with proceeds earmarked explicitly for Ethereum acquisition, ETH staking infrastructure enlargement, and ecosystem funding. The providing mirrors the construction…
