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Bitmine Offers 9.5% Yield On New Preferred Stock
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Bitmine Offers 9.5% Yield On New Preferred Stock

Yahoo Finance · Jun 4, 2026, 1:10 PM · Also reported by 2 other sources

Key takeaways

  • The company led by Chairman Tom Lee is borrowing a page from Strategy s (NASDAQ: $MSTR) playbook and launching a $300 million U.S. preferred stock.
  • The preferred stock will provide a new means of funding for Bitmine.
  • Ripple, The Company Behind XRP, Is Valued At $50 Billion

Bitmine Offers 9.5% Yield On New Preferred Stock Bitmine Offers 9.5% Yield On New Preferred Stock Crypto Prowl Thu, June 4, 2026 at 8:10 PM GMT+7 1 min read BMNR ETH-USD STRC STRD STRF Ethereum (CRYPTO: $ETH) treasury company Bitmine Immersion Technologies (NYSE: $BMNR) is offering investors a 9.5% yield on its new preferred stock.

The company led by Chairman Tom Lee is borrowing a page from Strategy s (NASDAQ: $MSTR) playbook and launching a $300 million U.S. preferred stock.

The preferred stock will provide a new means of funding for Bitmine.

Article preview — originally published by Yahoo Finance. Full story at the source.
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