Tom Lee: Vitalik and Sam Altman will attend the BitMine shareholders' meeting.
TL;DR
BitMine Chairman Tom Lee announced that Vitalik Buterin and Sam Altman will attend today's shareholder meeting to vote on increasing authorized shares from 500 million to 50 billion, crucial for funding Ethereum purchases and acquisitions.
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According to Foresight News , BitMine Chairman Tom Lee stated in an interview with 3PROTV that Ethereum founder Vitalik Buterin and OpenAI CEO Sam Altman are expected to attend the annual shareholder meeting today (January 15th). The meeting will vote on a proposal to increase the company's authorized shares from 500 million to 50 billion. Tom Lee emphasized that if the proposal is not approved, the company will be unable to issue new shares to purchase more Ethereum or make acquisitions. Regarding dilution concerns, he stated that the company has never issued shares below its net asset value. Furthermore, BitMine will present its 2026 roadmap at the meeting, including growth sources beyond staking rewards, and hinted at potential future acquisitions of other crypto treasury companies.