CryptoNeutralThe Block · 3h ago6/10
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Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
Bitmine plans to launch a preferred stock offering similar to Grayscale's STRC structure while managing $9.2 billion in unrealized losses on its Ethereum holdings. The company intends to deploy proceeds from the offering toward acquiring additional ETH and expanding staking operations.
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