BitMine Immersion Wins Shareholder Backing to Lift Share Cap for Ethereum Push

BitMine Immersion Technologies (NYSE-BMNR) has won overwhelming shareholder approval to increase its authorized share count, accelerating its ambitious plan to accumulate Ethereum and press ahead as a leading public ETH treasury, despite recent dilution in its share price. The company shareholders voted in favor of all four proposals at the company’s January 15 annual meeting in Las Vegas, including a key measure to increase the authorized share count. Proposal 2, which lifts the share limit, received 81% ...