Bitmine’s Bold Move: Strategic Share Increase to 50 Billion Authorized Shares Aims for Future Growth
BitcoinWorldBitmine’s Bold Move: Strategic Share Increase to 50 Billion Authorized Shares Aims for Future GrowthIn a significant corporate governance development, cryptocurrency investment firm Bitmine (ticker: BMNR) has formally proposed a one-hundred-fold increase in its authorized share count, a strategic maneuver that Chairman Tom Lee insists is designed to secure long-term operational flexibility rather than dilute current shareholder value. This proposal, first reported by CoinDesk, seeks to elevate the company’s [...]This post Bitmine’s Bold Move: Strategic Share Increase to 50 Billion Authorized Shares Aims for Future Growth first appeared on BitcoinWorld.
