BitMine Immersion's leadership is pushing for a significant milestone: chairman Tom Lee has called on shareholders to greenlight a massive 100-fold equity expansion. The move signals aggressive expansion plans for the mining operation as the company looks to scale its infrastructure and market footprint. If approved, the equity dilution will reshape the company's capital structure substantially. Industry observers are watching closely to gauge shareholder sentiment on this bold growth strategy and what it means for the firm's future trajectory in an increasingly competitive crypto mining landscape.
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FloorPriceNightmare
· 21h ago
100x expansion, this guy is trying to dilute all the shareholders to death
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DefiOldTrickster
· 23h ago
100x dilution? Ha, I've seen this trick back in 2017. They were hyping it up the same way then. And now they still want to cut in new investors.
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ApeWithNoFear
· 01-04 07:00
100x expansion? Buddy, you're playing with fire. Dilution until the end of time.
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StablecoinAnxiety
· 01-04 05:09
100x expansion? That's going to be diluted to death, retail investors are going to suffer again...
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BlockchainRetirementHome
· 01-03 00:10
100x expansion? Isn't that just gambler-style bragging...
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OnchainDetectiveBing
· 01-03 00:10
100x expansion? How much dilution does that entail? Retail investors are going to get cut again.
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OnlyOnMainnet
· 01-02 23:57
100x expansion? How many new coins would that be? Retail investors would be diluted to numbness directly.
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AirdropNinja
· 01-02 23:44
100x expansion? How much dilution does that entail? Is there still a way out for retail investors?
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MidsommarWallet
· 01-02 23:41
100x expansion? How much dilution does that entail? Retail investors are going to get crushed.
BitMine Immersion's leadership is pushing for a significant milestone: chairman Tom Lee has called on shareholders to greenlight a massive 100-fold equity expansion. The move signals aggressive expansion plans for the mining operation as the company looks to scale its infrastructure and market footprint. If approved, the equity dilution will reshape the company's capital structure substantially. Industry observers are watching closely to gauge shareholder sentiment on this bold growth strategy and what it means for the firm's future trajectory in an increasingly competitive crypto mining landscape.