CryptoWorld News reports that the upcoming meeting will vote on a proposal to increase the number of new shares of Bitmine that can be issued from 500 million to 50 billion shares. Bitmine Chairman Tom Lee confirmed the attendance of two tech leaders on Wednesday and explained the reason for the significant increase in share authorization: "If the vote does not support the increase in shares, the company will halt growth." Bitmine primarily funds its Ethereum purchase plan through issuing and selling new shares. Lee stated that Buterin and Altman are expected to give speeches at the meeting.
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CryptoWorld News reports that the upcoming meeting will vote on a proposal to increase the number of new shares of Bitmine that can be issued from 500 million to 50 billion shares. Bitmine Chairman Tom Lee confirmed the attendance of two tech leaders on Wednesday and explained the reason for the significant increase in share authorization: "If the vote does not support the increase in shares, the company will halt growth." Bitmine primarily funds its Ethereum purchase plan through issuing and selling new shares. Lee stated that Buterin and Altman are expected to give speeches at the meeting.