Weekly Highlight · Jun 15, 2026 · 5 min
76,881 ETH. Preferred raise. Share count 592.5M.
$273.8 million from the preferred. Common share count still rose about 6.3 million.
On the latest update, $BMNR raised $273.8 million from the preferred offering.
They added 76,881 $ETH.
They also raised common equity on top of the preferred. Estimated share count increased by about 6.3 million.
Estimated share count is 592.5 million.
Preferred capital does not dilute the common the way an ATM does. The extra 6.3 million common shares still do. Both happened in the same week. Count them separately.
Not financial advice.