BitMine Immersion Chairman Urges Shareholders to Approve 50 Billion Share Authorization

TLDR:  BitMine seeks to increase authorized shares from 500 million to 50 billion by January 14 vote. Tom Lee states the increase won’t dilute shareholders but prepares for future stock splits. BitMine share price projections of $500 to $5,000 would require stock splits of 20-to-1 to 100-to-1. The authorization enables capital raising, acquisitions, and convertible [...]

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