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BitMine Copies Strategy’s Playbook With $300M Preferred Stock Offering Backed by Ethereum

BitMine plans a $300M preferred stock offering to buy more Ethereum, despite carrying over $8 billion in unrealized losses on its ETH holdings.

Jun 4, 2026 3 min read
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BitMine Copies Strategy’s Playbook With $300M Preferred Stock Offering Backed by Ethereum

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Market Overview

View Full Market Data →

Global Crypto Market Cap

$2.30 Trillion

-5.77% (24h)

BTC Dominance 56.37%
ETH Dominance 9.44%
Fear & Greed Index 12 Extreme Fear
Market Pulse Updated 2 min ago
ETF Flows
Negative
-$51.3B

Estimated flow from BTC & ETH market-cap moves (24h).

Open Interest
Steady
-$371M

Futures positioning remains elevated.

Stablecoin Supply
Steady
+$88M 7D

Liquidity growth over the last 7 days.

Volume Trend
Steady
-3%

Spot volume vs. 7-day average.

Top Gainers

  • HOME HOME
    $0.0550 +30.46%
  • SIREN Siren
    $0.7262 +24.48%
  • B BUILDon
    $0.2595 +14.41%
  • WLD Worldcoin
    $0.5807 +13.61%

Top Losers

  • LAB LAB
    $12.18 -29.48%
  • GRASS Grass
    $0.3819 -22.06%
  • PIEVERSE Pieverse
    $0.8331 -16.16%
  • CHZ Chiliz
    $0.0278 -16.03%

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