Tom Lee backs BitMine plan for 50 billion authorized shares before Jan. 15 vote

Tom Lee, chairman of BitMine Immersion, is asking shareholders to approve lifting authorized shares to 50 billion from 500 million. He says the move aims at flexibility for capital raises, acquisitions, and future stock splits tied to the company's Ethereum treasury strategy. The vote closes on Jan. 14, with the annual meeting set for Jan. 15 in Las Vegas.