Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy

BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom Lee-led company fresh money it can use to add more Ether while tying investor returns to a board-declared cash payout.A New Way To Fund Ether Buying
The company said it plans to sell 3 million shares at $100 each, according to a supplement filed with the SEC. BitMine also said the dividend