Tom Lee said failure to approve a jump in authorized shares from 500 million to 50 billion could halt Ethereum acquisitions, with Vitalik Buterin and Sam Altman expected to attend the meeting.
On January 15, BitMine chairman Tom Lee revealed that Ethereum purchases or acquisitions would be hindered if shareholders fail to approve an increase in authorized shares from 500 million to 50 billion. Lee stated that Vitalik Buterin and Sam Altman may participate in the annual meeting to vote on the proposal, which will also outline the company’s 2026 growth roadmap.