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"path": "/ethereum-treasury-giant-offers-9-5-payout-as-paper-losses-top-8-5-billion/",
"publishedAt": "2026-06-04T12:55:04.000Z",
"site": "https://cryptoslate.com",
"tags": [
"Crypto",
"Deals",
"Digital Asset Treasuries",
"Market",
"TradFi",
"Trading",
"BitMine",
"BMNP",
"ethereum",
"STRC",
"Thomas Lee",
"Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion",
"CryptoSlate"
],
"textContent": "Thomas Lee's BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares […]\n\nThe post Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion appeared first on CryptoSlate.",
"title": "Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion"
}