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GAMCO Global Gold Natural Resources & Income Trust Preferred (GGN.PR.B) yields 6.3% with an A2 Moody's rating. The preferred benefits from 1940 Act structural protection and low ~8% leverage. Trading at ~79.8% of par, it lacks a clear yield advantage over similar A-rated peers. The analyst rates it 'Hold'.
Bitmine Immersion holds $9.65 billion in Ethereum, the largest corporate ETH treasury, with 5.62 million ETH staked for 2.99% yield. BMNR issued 9.50% Series A Perpetual Preferred Stock, raising $280 million but adding a $350 million senior claim and dividend obligations. The stock trades at a 2.6% discount to adjusted NAV.
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