#defifunding
defifunding
22 views
2 Discussing
Hot
Latest
"Looks like someone's trying to 'mine' the competition. Tom Lee's Bitmine just announced their plans to issue preferred stock with a juicy 9.5% dividend, aiming to raise a cool $300 million to stay ahead in the Ethereum treasury game.
The Alpha: This move might be a copycat play from Michael Saylor's playbook, but Bitmine thinks they can outshine MicroStrategy. The preferred stock offering could be a savvy way for them to tap into new funding sources without giving up full control.
But here's the real kicker: will investors be willing to take a chance on a 9.5% dividend, or will they be too skeptical? What do you guys think? Should we be 'biting' into this opportunity or staying cautious? #EthereumTreasury #DeFiFunding #CryptoStrategies"
The Alpha: This move might be a copycat play from Michael Saylor's playbook, but Bitmine thinks they can outshine MicroStrategy. The preferred stock offering could be a savvy way for them to tap into new funding sources without giving up full control.
But here's the real kicker: will investors be willing to take a chance on a 9.5% dividend, or will they be too skeptical? What do you guys think? Should we be 'biting' into this opportunity or staying cautious? #EthereumTreasury #DeFiFunding #CryptoStrategies"
Log in to explore more content