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Tom Lee’s Bitmine (BMNR) to offer preferred stock with 9.5% dividend, following Strategy’s playbook

BitMine Immersion Technologies (BMNR), an Ethereum treasury company led by Fundstrat co-founder Tom Lee, is borrowing a page from Strategy’s financing playbook and launching a $300 million preferred stock offering as crypto treasury firms search for new ways to secure funding. According to a Wednesday filing with the U.S. Securities and Exchange Commission (SEC), the…

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Cabinet backs ordinance to ease tax rules for foreign investors in some securities | India News

NEW DELHI: The Union Cabinet on Wednesday recommended an ordinance to ease tax rules for foreign investors in some categories of securities.The details of the proposal moved by the finance ministry were not immediately available. However, it is being seen as an effort to help strengthen the rupee, which has weakened 6% against the US…

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