2026-01-16 07:25:26

I heard that there is big news from BitMine. Chairman Tom Lee recently revealed that Ethereum founder Vitalik and OpenAI's Sam Altman will both attend their annual shareholder meeting. The core topic of this meeting is whether to increase the authorized shares from 500 million to 50 billion, a tenfold expansion.

Why is this so important? Tom Lee explained that without this approval, the company wouldn't be able to issue new shares to buy more Ethereum or make acquisitions. Regarding market concerns about share dilution, he emphasized one point: the company has never issued shares below net asset value.

Even more interesting, BitMine plans to announce its development roadmap for 2026 at the meeting. Besides staking yields, they are looking for new growth points. They even hinted at potential plans to acquire other crypto asset management companies in the future. It seems to be paving the way for ecosystem expansion.

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AirdropF5Bro

· 16h ago

Are Vitalik and Sam both here? This scene... a 50 billion share directly multiplied tenfold, I feel a bit skeptical. I've heard Tom Lee's rhetoric quite a few times. Can we trust the net asset value? Is it real or fake? Acquiring other asset management companies? Merging and acquiring in the gaming sector, the crypto circle is entering a "big eats small" phase again. A tenfold increase in shares sounds scary, but if it can truly drive ecosystem expansion, maybe there's a profit to be made... It all depends on how the 2026 roadmap turns out. This guy inviting two giants to endorse him all at once—if it wasn't really necessary, he wouldn't do it this way, right?

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GovernancePretender

· 16h ago

Are Vitalik and Sam both going? This is going to be a big deal... 50 billion authorized shares multiplied tenfold. Who would believe it's not dilutive? Tom Lee's move is actually just to raise funds to acquire more chips. The old tricks are still the same. The 2026 roadmap sounds good, but I'm worried it will just turn into another PPT project. If they really manage to acquire it, the ecosystem landscape will be reshuffled. Friends holding positions need to keep a close eye.

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MetaMuskRat

· 16h ago

Will Vitalik and Sam go together? This lineup is incredible, indicating that the BitMine matter is no small deal. The 50 billion shares have increased tenfold; it doesn't seem that simple. It's both acquisitions and expansion; this wave is aiming to grow a big business. Tom Lee guarantees issuing shares not below net assets, sounds quite stable. Are there new tricks coming out for pledge yields? Looking forward to the roadmap.

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PretendingToReadDocs

· 17h ago

Vitalik and Sam Altman are both here, this shareholders' meeting is really hardcore 500 billion shares multiplied by ten? It feels like the dilution is a bit intense, but they said they haven't issued below net asset value, so there's still a bottom line Besides staking rewards, they also want to do acquisitions. BitMine is really trying to build an ecosystem, which is quite interesting Tom Lee's publicity campaign is quite high-profile; the key is whether the roadmap can be achieved Such a big move requires funding, it depends on whether the shareholders believe in it

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