[Bitmine Increases Perpetual Preferred Stock Offering Size, Expected to Raise $273.8 Million] Odaily Planet Daily News – Bitmine Immersion Technologies announced an increase in the offering size of its 9.50% Series A Perpetual Preferred Stock to 3.5 million shares, priced at $80 per share, with an expected net fundraising amount of approximately $273.8 million. The closing date is set for June 10. The company plans to use the funds to increase holdings of ETH and other digital assets, expand staking and validator infrastructure through its proprietary MAVAN network, support strategic investments related to the Ethereum ecosystem, and repurchase common stock of the company.