BitMine to Vote on Massive Share Issuance Increase

2026-01-15 17:31

BitMine, the largest Ethereum holder, is set to hold a shareholders' meeting today to vote on a proposal to expand its share issuance from 500 million to 50 billion shares. If approved, the move would enable BitMine to raise additional funds for purchasing Ethereum, potentially impacting ETH prices. In related economic news, the U.S. initial jobless claims for the week ending January 10 will be released tonight at 21:30, with expectations set at 215,000, up from the previous 208,000. Additionally, several Federal Reserve officials, including William Dudley and Neel Kashkari, are scheduled to deliver speeches on economic outlooks and policy perspectives.

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