Bitmine's capacity to expand its ETH holdings hinges on a critical shareholder vote. The project requires approval from holders controlling 50.1% of outstanding shares to increase its authorized share cap—essentially unlocking room for more aggressive accumulation. The urgency is real: with the current 500M-share limit nearly maxed out, the inability to pass this proposal would inevitably throttle its Ethereum acquisition strategy. This isn't just an internal governance matter; it directly impacts how aggressively the platform can continue building its digital asset reserves moving forward.
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MerkleTreeHugger
· 13h ago
Another voting stunt like this, only realizing to expand after almost running out of 500M shares? Bitmine's move seems a bit rushed.
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BuyHighSellLow
· 01-13 10:53
It's the same old story of voting and governance. The trick is so outdated. Let's see who can finally fool everyone into passing it.
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LuckyBearDrawer
· 01-12 20:59
It's another voting matter. Will it pass this time? It feels a bit uncertain.
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RetroHodler91
· 01-12 20:59
500M shares are almost gone. If this vote doesn't pass, Bitmine will become useless...
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SchroedingerAirdrop
· 01-12 20:52
Wow, 500M shares are almost full? If this vote doesn't pass, it'll be a direct slap in the face.
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0xInsomnia
· 01-12 20:47
It feels like if this vote doesn't pass, Bitmine's ETH accumulation plan will have to hit the brakes. To put it simply, it's a matter of future prospects.
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AirdropGrandpa
· 01-12 20:42
Damn, if this vote doesn't pass, Bitmine will be stuck.
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PanicSeller
· 01-12 20:38
Another project stuck in voting... Almost 500M shares are used up and they want to continue expanding? Basically, they just want to hoard ETH wildly, but they don't have enough chips. If the vote fails then, it will be quite awkward.
Bitmine's capacity to expand its ETH holdings hinges on a critical shareholder vote. The project requires approval from holders controlling 50.1% of outstanding shares to increase its authorized share cap—essentially unlocking room for more aggressive accumulation. The urgency is real: with the current 500M-share limit nearly maxed out, the inability to pass this proposal would inevitably throttle its Ethereum acquisition strategy. This isn't just an internal governance matter; it directly impacts how aggressively the platform can continue building its digital asset reserves moving forward.