Public companies face bottlenecks: wanting to increase ETH holdings but restricted by shareholder authorization, Thursday's vote becomes crucial

【Blockchain Rhythm】An interesting situation has arisen. A publicly listed company wants to accelerate its ETH holdings, but has hit a wall with shareholder authorization.

According to the latest news, the company’s chairman openly stated in a declaration: “Our authorization quota of 500 million shares is almost exhausted. Once used up, our pace of increasing ETH holdings will definitely slow down.” Their plan is to immediately initiate a new issuance authorization to continue aggressively accumulating Ethereum.

The key point is—shareholder voting is scheduled for Thursday. The rules are very strict; the issuance proposal must obtain at least 50.1% of all circulating shares to pass. The chairman explicitly pointed out in the statement that this threshold is “extremely stringent,” meaning obtaining approval for the issuance is really not easy.

In other words, if the vote fails, the company’s ETH purchasing power in the coming weeks will be significantly suppressed. This also indirectly reflects institutional confidence in ETH—viewed from a broader macro perspective, institutional investors remain quite enthusiastic about Ethereum.