Bitmine Immersion Technologies BMNRFinancing
Bitmine prices 3,500,000 shares of 9.50% preferred stock, net proceeds about $273.8 million
Filed Jun 5, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On June 4, 2026 it agreed to sell 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock at $80.00 per share.
- The offering was upsized from 3,000,000 shares and is scheduled to settle on June 10, 2026.
- Net proceeds are about $273.8 million after underwriting discounts and estimated expenses.
- Proceeds may go to more ETH, staking infrastructure, working capital and share repurchases.
Items reported
- 1.01 Material agreement
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.