COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA·CRYPTO·
Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale
As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
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Bitmine, Tom Lee's Ethereum treasury firm, has significantly expanded its Ether holdings by acquiring another $136 million worth of the cryptocurrency. This expansion follows a successful fundraising effort where the company raised $274 million through a preferred stock sale.…
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