BitMine adds 24,000 ETH, warns accumulation may slow without equity approval

BitMine, the largest Ethereum-focused crypto treasury firm, added 24,000 ether to its holdings, raising its total to 4.17 million ETH.

The company said it has lifted its stash to that level but signaled limits ahead, warning that accumulation may slow without shareholder authorization to issue fresh equity.

Further purchases, the firm indicated, depend on shareholder approval to issue new equity; it is not yet known whether such approval will be granted.

Key Topics

Crypto, Bitmine, Ether, Ethereum, Equity Issuance, Shareholder Approval