Post by: Administrator on January 04, 2026, 08:36:04 AM
Being able to strategically raise capital by having shares ready to issue was one of the secondary reasons Lee gave for the proposal.
Source: BitMine chairman proposes 1,000x increase in company's authorized shares, to 50B (https://cointelegraph.com/news/bitmine-chairman-1-000x-increase-authorized-shares-50b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)