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BitMine chairman proposes 1,000x increase in company's authorized shares, to 50B

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BitMine chairman proposes 1,000x increase in company's authorized shares, to 50B

BitMine chairman has proposed a significant increase in the company's authorized shares from 50 million to 50 billion, aiming for a 1,000-fold expansion. The move is intended to strategically position the company for future capital raises by having shares readily available for issuance.

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