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NASDAQ:AGPU 22 April 2026

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  • Bitmine announces preferred stock offering amid $9.2 billion unrealized Ethereum losses
    June 5, 2026, 4:13 AM EDT. Bitmine Corp. revealed plans to launch a STRC-style preferred stock offering, aiming to raise funds as the company faces $9.2 billion in unrealized losses on its Ethereum (ETH) holdings. Preferred stock typically provides investors with dividends and priority over common stock in asset claims. Bitmine intends to use the net proceeds for general corporate purposes, including potential purchases of additional Ethereum and expansion of its staking operations, a process where cryptocurrencies are locked to support blockchain network functions and earn rewards. This move reflects Bitmine's strategic response to volatile market conditions affecting its cryptocurrency assets.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 05.06.2026

5 June 2026
LIVEMarkets rolling coverageStarted: June 5, 2026, 4:00 AM EDTUpdated: June 5, 2026, 4:15 AM EDT Bitmine announces preferred stock offering amid $9.2 billion unrealized Ethereum losses June 5, 2026, 4:13 AM EDT. Bitmine Corp. revealed plans to launch a STRC-style preferred stock offering, aiming to raise funds as the company faces $9.2 billion in unrealized losses on its Ethereum (ETH) holdings. Preferred stock typically provides investors with dividends and priority over common stock in asset claims. Bitmine intends to use the net proceeds for general corporate purposes, including potential purchases of additional Ethereum and expansion of its staking operations, a
Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
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