BitMine Chairman Proposes Raising Firm’s Authorized Shares To 50 Billion — Details | Bitcoinist.com

Tom Lee, chairman of Ethereum treasury firm Bitmine, has asked shareholders to approve a proposal to increase the company’s authorized shares to 50 billion. This “dramatic” increa...

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BitMine Chairman Proposes Raising Firm’s Authorized Shares To 50 Billion — Details | Bitcoinist.com

Source: Bitcoinist.com

Tom Lee, chairman of Ethereum treasury firm Bitmine, has asked shareholders to approve a proposal to increase the company’s authorized shares to 50 billion. This “dramatic” increase in the share count, which is currently at 50 million, is aimed at keeping the BMNR stock attractive for retail investors. Why BitMine Authorized Shares Need To Increase: […]