BitMine Immersion Technologies files for $300M preferred stock offering to acquire Ethereum and expand staking infrastructure, mirroring Strategy's model but leveraging ETH staking yields.
BitMine chairman Thomas Lee argues ETH staking yields can fund ecosystem grants, turning treasuries into governance flywheels.
Strategy's STRC perpetual preferred stock is transforming Bitcoin treasury funding, offering double-digit yields and $17.5B in remaining capacity amid market shifts.