Bitmain Plans 100-Fold Increase in Authorized Shares Ahead of Ethereum Surge

The company seeks to adjust its capital structure in anticipation of potential Ethereum price growth and expanding market opportunities.

ETH

115d ago

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Terms & Concepts

Authorized Shares: The maximum number of shares a company can legally issue, as approved in its corporate charter.
Ethereum: A blockchain platform that enables smart contracts (self-executing blockchain code) and decentralized applications.