Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Stocks
App now fully supports direct access to the stock market
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards

BitMine Expands Series A Perpetual Preferred Stock Offering to 3.5M Shares, Raising $273.8M

GateNews
Stocks
ETH-11.38%

According to BlockBeats, on June 5, BitMine Immersion Technologies expanded its Series A perpetual preferred stock offering from 3 million to 3.5 million shares at $80 per share, raising an estimated net $273.8 million with settlement expected on June 10.

The company plans to deploy the proceeds to increase holdings in ETH and other digital assets, expand staking and validation infrastructure including the MAVAN network, and pursue strategic investments. The preferred stock has applied for listing on the New York Stock Exchange under ticker "BMNP."

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

06-04 10:27
Bitmine Plans $300M Preferred Stock Offering for Ethereum Purchases
06-04 08:12
BitMine Plans $300 Million Preferred Stock Offering With 9.50% Annual Dividend
06-04 05:51
Bitmine Eyes $300M Raise to Increase Ethereum Holdings Toward 5% Target
06-04 05:31
Bitmine Files 9.5% Preferred Stock Offering to Fund $4B Ethereum Buyback Program
06-04 03:20
Bitmine Files Series A Perpetual Preferred Stock Offering Worth $300M Amid $9.2B ETH Unrealized Losses
In-Depth Analysis

Alphabet Seeks $85 Billion in Capital as Stock Faces 4-Week Decline

Lucas Bennett3h ago

Bitmine Seeks $300 Million to Expand Ethereum Holdings and Staking Network

CryptoMeter io12h ago

Bitmine Files 9.5% Yield Offering to Fund $4B ETH Buyback

Ethan Brooks06-04 05:33
Comment
0/400
No comments