Bitmine Immersion Technologies plans $300M preferred stock offering to buy more Ethereum

BitMine is raising $300 million through a new preferred stock offering. The preferred stock offers a 9.5% annual dividend paid weekly in cash. Shares will list on the NYSE under ticker BMNP pending approval. Tom Lee’s corporate vehicle is shaking up the digital asset landscape with a massive institutional funding play.  BitMine Immersion Technologies (BMNR) […] The post Tom Lee’s Bitmine Unveils Strategy-Style Stock Offering Plan appeared first on Live Bitcoin News.

The won's decline may exacerbate market instability, impacting investor confidence and increasing volatility in South Korea's crypto markets. The post South Korea government vows to curb excessive volatility as won weakens to 17-year low appeared first on Crypto Briefing.

Ethereum price trades near $1,778 after a 5% drop as RSI turns oversold, $1,825 fails and analysts watch $1,700 and $1,500 as next support levels.

Ethereum's transaction surge highlights the network's growing utility and resilience, despite ETH's stagnant price, underscoring crypto's complex dynamics. The post Ethereum processes $9.92B in transactions on June 2, marking two-month high appeared first on Crypto Briefing.

Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. The Offering The said it company filed a preliminary prospectus supplement with the SEC on June 3, 2026, pricing 3,000,000 […]

The anticipated progress in Iran talks could reshape geopolitical dynamics, impacting global markets and intensifying crypto regulatory scrutiny. The post Donald Trump expects progress in Iran talks by week’s end, with crypto markets watching closely appeared first on Crypto Briefing.

Zcash has patched a dangerous vulnerability in its privacy-focused infrastructure that could have enabled double-spending, deploying an emergency network upgrade to prevent exploitation. Related Reading: Ethereum Ready For The ‘Final Dip’? Analysts Call For New Lows As Price Retests $1,900 Zcash Fixes Critical Bug With Emergency Upgrade On Wednesday, the Zcash Foundation revealed that developers had fixed a serious vulnerability in its Orchard shielded pool, which could have allowed invalid state transitions, potentially enabling double-spending within the pool. According to the report, Zcash researcher Taylor Hornby, who is conducting an ongoing protocol audit on behalf of Shielded Labs, discovered a critical soundness vulnerability in the Orchard zero-knowledge proof circuit on May 29 and disclosed the issue to Zcash Open Development Lab (ZODL) core engineers that same day. “A soundness vulnerability is one that could allow the system to accept something it should reject. In this cas

Bitcoin price fell below $63K as Iran tensions, ETF outflows and $1.1B liquidations pushed BTC near key support between $60K and $54K.