Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote

The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance. What to know : Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion. Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits. Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.