BUSINESSDECRYPT
Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
BitMine is issuing preferred shares with a 9.5% dividend to raise funds for purchasing Ethereum. The move mirrors strategies used in Bitcoin-related initiatives.
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Adjacent reporting
- Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
- Strategy looks to boost preferred stock STRC’s dividend payments to semi-monthly
- Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
- Strive’s SATA Sets U.S. First With Daily 13% Bitcoin-Backed Dividend Preferred
- Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
- Strategy looks to boost preferred stock STRC's dividend payments to semi-monthly