Bitmine plans to raise $300 million via preferred perpetual stock to buy more Ether and expand its staking and validator network.

Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering

The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.

PRNewswire, PRNewswire, 4th June 2026, Chainwire