Bitmine Immersion Technologies plans $300 million preferred stock offering

Go back to Bitmine Immersion Technologies plans $300 million preferred stock offering

Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering

June 3, 2026 5:49 PM EDT

NORWALK, Conn., June 3, 2026 /PRNewswire/ -- Bitmine Immersion Technologies, Inc. (NYSE: BMNR) ("BMNR," "Bitmine" or the "Company") today announced that, subject to market and other conditions, it intends to offer, in a public offering (the "offering") registered under the Securities Act of 1933, as amended (the "Securities Act"), 3,000,000 shares of BMNR's 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock").

... More