Bitmine's authorized share capital expansion faces a critical test. According to the company's articles of incorporation, increasing the authorized limit requires the approval of at least 50.1% of the issued shares, a quite stringent threshold. Currently, Bitmine's 500 million share authorized limit is nearly exhausted. If shareholders do not approve the proposal to expand the authorized limit, the company's ETH accumulation growth rate will be forced to slow down. This is also why the second shareholder proposal is particularly crucial—it directly affects the company's subsequent capital operations and ecosystem layout. Without shareholder authorization for the breakthrough, Bitmine's pace in ETH asset accumulation will inevitably be limited.
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ShadowStaker
· 2h ago
ngl this 50.1% threshold is basically asking for unanimous consent in disguise... bitmine's gonna choke on its own governance structure tbh
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ChainMaskedRider
· 16h ago
The 50.1% threshold is really impressive. If we don't pass this time, it will be a bit embarrassing.
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gas_guzzler
· 23h ago
The 50.1% threshold is a bit harsh; it really makes it difficult to proceed.
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LayerZeroHero
· 23h ago
50.1% threshold, huh? It feels like squeezing toothpaste to vote.
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TokenomicsTrapper
· 23h ago
lol 50.1% threshold is literally just begging for a deadlock. classic move when you need more ammo but half the holders are already getting nervous about dilution plays. bitmine's eth stack gets nerfed if this doesn't pass? sounds like textbook greater fool theory waiting to happen tbh
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MergeConflict
· 23h ago
The 50.1% threshold is uncomfortable for anyone, let's see if the shareholders can let Bitmine go this time.
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GateUser-a180694b
· 23h ago
What is this 50.1% threshold all about? Isn't this just giving minority voices more power?
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OldLeekConfession
· 23h ago
50.1% threshold is really tough, now this gets interesting
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LonelyAnchorman
· 23h ago
The 50.1% threshold is really tough; it's all about veteran shareholders supporting the market.
Bitmine's authorized share capital expansion faces a critical test. According to the company's articles of incorporation, increasing the authorized limit requires the approval of at least 50.1% of the issued shares, a quite stringent threshold. Currently, Bitmine's 500 million share authorized limit is nearly exhausted. If shareholders do not approve the proposal to expand the authorized limit, the company's ETH accumulation growth rate will be forced to slow down. This is also why the second shareholder proposal is particularly crucial—it directly affects the company's subsequent capital operations and ecosystem layout. Without shareholder authorization for the breakthrough, Bitmine's pace in ETH asset accumulation will inevitably be limited.