Deep Tide TechFlow News, January 12 — According to CoinDesk, Thomas Lee, Chairman of Ethereum Treasury Company BitMine, stated on Monday that BitMine's ability to continue accumulating ETH depends on whether shareholders approve the issuance of new shares. Without approval, the company may be forced to slow down its purchasing pace in the coming weeks. Lee explained, "BitMine is about to exhaust the current authorization of 500 million shares, at which point our ETH accumulation will slow down." The related shareholder vote will be held this Thursday, and the proposal requires support from 50.1% of the issued shares to pass.

ETH5,11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)