Bitmine Chairman Urges Shareholders to Approve Proposal to Increase Shares for 5% ETH Ownership Goal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: PRnewswire
- Shareholder Voting Call: Chairman Tom Lee urges shareholders to vote YES on Proposal #2 at the upcoming January 15, 2026, Annual Meeting to increase authorized shares, which is crucial for achieving Bitmine's goal of 5% ETH ownership, thereby enhancing its competitive position in the crypto market.
- ETH Holdings Growth: As of January 11, 2026, Bitmine's ETH holdings reached 4,167,768, accounting for 3.45% of the global ETH supply, with an increase of 24,266 ETH in the past week, demonstrating the company's strong momentum in crypto asset accumulation.
- Total Cash and Asset Value: Bitmine's total cash and
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Eightco Holdings Inc., through its subsidiary, Forever 8 Fund, LLC, operates as an inventory capital and management platform for e-commerce sellers. Forever 8 Fund, LLC (Forever 8) is an e-commerce fintech company that provides funding solutions for e-commerce businesses. Forever 8 provides funding solutions for e-commerce businesses, which sell on Amazon, Shopify and other online platforms. Forever 8 uses proprietary technology to review product sales data and determine funding potential for online retail entrepreneurs around the world. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
