[BitMine Expands Perpetual Preferred Stock Offering to $80 Per Share, Aiming to Raise Approximately $273.8 Million] Foresight News reports that Ethereum treasury company BitMine has announced an expansion of its Series A perpetual preferred stock offering from 3 million shares to 3.5 million shares, priced at $80 per share with a dividend yield of 9.5%. The company expects to raise approximately $273.8 million in net proceeds, with the transaction scheduled to close on June 10. The funds raised will be used to increase holdings of ETH and other digital assets, expand staking and validation infrastructure (including its MAVAN network), and for strategic investments. The company has designated ETH as its core reserve asset and has applied to list the preferred stock on the New York Stock Exchange under the ticker symbol 'BMNP'.