NYSEAM:BMNRSoftware
Bitmine Immersion Technologies (BMNR) Is Down 7.6% After Massive Share Authorization And Ethereum Treasury Shift - Has The Bull Case Changed?
At its January 15, 2026 annual meeting, Bitmine Immersion Technologies, Inc. won stockholder approval to amend its certificate of incorporation, lifting authorized common shares from 500,000,000 to 50,000,000,000 while advancing an Ethereum-focused treasury anchored by more than 4.2 million ETH and a US$200,000,000 commitment to Beast Industries.
This combination of greatly expanded share capacity, large-scale crypto holdings, and a major investment tied to MrBeast marks a significant shift...