Decrypt6/5/2026Business
BitMine Raises $273.8M in Preferred Stock Offering for Ethereum Expansion
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BitMine raised ~$274M via 3.5M shares of preferred stock at $80/share to fund Ethereum acquisitions, staking infrastructure, and potential stock buybacks, despite facing significant losses on its ETH holdings.
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BitMine raised ~$274M via 3.5M shares of preferred stock at $80/share to fund Ethereum acquisitions, staking infrastructure, and potential stock buybacks, despite facing significant losses on its ETH holdings.
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This article was originally published by Decrypt.
