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BitMine Chairman Proposes Raising Firm’s Authorized Shares To 50 Billion — Details

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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: […]
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BitMine Enters Ethereum Staking With $451 Million ETH Deposit

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Ethereum treasury firm Bitmine has started staking its Ether tokens, depositing roughly $451 million worth of ETH into Ethereum’s proof-of-stake (PoS) system on Saturday, December 27. This appears to be a fresh strategy from the digital asset treasury (DAT) firm, which has managed to stay relevant in a nascent, uncertain sector of the cryptocurrency industry. […]
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Ark Invest Splashes $47-M On Coinbase, BitMine Shares After US Stock Market Drawdown

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Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to weak economic data and newly adjusted tariff policies. Ark Invest Renews Interest In […]