BitMine plans to offer 3,000,000 shares of 9.50% Series A Perpetual Preferred Stock, giving Tom Lee’s Ethereum treasury company a new funding channel tied to cash dividends and ETH accumulation. Each preferred share carries a $100 stated amount and initial liquidation preference. If sold at stated value, the offering would represent $300 million in preferred stock. The company has applied to list the preferred shares on the New York Stock Exchange under the ticker BMNP, with trading expected within 30 days after issuance if the listing is approved.