BitMine, the Largest Holder of Ethereum, to Issue Preferred Shares with an Annual Yield of 9.5%

Filing for a 9.5% Yield Preferred Share Listing on the NYSE

On the 3rd, U.S.-based cryptocurrency management company BitMine (NYSE: BMNR) submitted a prospectus supplement (Form 424B5) to the SEC, applying for the issuance of 3 million new Series A perpetual preferred shares with a yield of 9.50%. The offering price per share is set at $100, aiming to raise a total of $300 million. The company has applied for listing on the NYSE, and the...