TechFlow news, January 3, according to Coindesk, BitMine Immersion (BMNR) Chairman Tom Lee, in his New Year's letter to shareholders, called on shareholders to support the authorized share capital adjustment proposal put forward by the board. The proposal aims to increase the company's authorized shares from 500 million to 50 billion. He explicitly stated that this adjustment is not intended to directly dilute existing shareholders but is to reserve institutional space for future financing arrangements, potential merger and acquisition transactions, and possible stock splits. The shareholder voting deadline for the related proposal is January 14, and the annual general meeting is scheduled to be held in Las Vegas on January 15.
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