A major crypto-focused investment firm is preparing for a shareholder vote in Las Vegas aimed at significantly expanding its equity structure. The proposal seeks to increase authorized shares from 500 million to 50 billion, with proceeds earmarked for additional Ethereum acquisitions. The company currently maintains an impressive Ethereum position of approximately 4.1 million ETH, valued at around $13.8 billion. The event is expected to draw prominent speakers from the blockchain and AI sectors, underscoring the growing institutional interest in Ethereum as a core asset. This move reflects broader trends of established players expanding their exposure to major cryptocurrencies amid evolving market dynamics.
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TooScaredToSell
· 12h ago
Whoa, 5 billion shares? Are we going all in on ETH?
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BlockchainFoodie
· 13h ago
ngl, 50 billion shares just to stack more eth? that's some serious farm-to-fork verification energy right there... imagine if institutional money treated real agriculture with this kind of precision lmao
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¯\_(ツ)_/¯
· 13h ago
Oh my, 5 billion shares? Are you planning to go all in on Ethereum? That's a direct hundredfold increase.
A major crypto-focused investment firm is preparing for a shareholder vote in Las Vegas aimed at significantly expanding its equity structure. The proposal seeks to increase authorized shares from 500 million to 50 billion, with proceeds earmarked for additional Ethereum acquisitions. The company currently maintains an impressive Ethereum position of approximately 4.1 million ETH, valued at around $13.8 billion. The event is expected to draw prominent speakers from the blockchain and AI sectors, underscoring the growing institutional interest in Ethereum as a core asset. This move reflects broader trends of established players expanding their exposure to major cryptocurrencies amid evolving market dynamics.