Tom Lee just did something that surprised many shareholders 👀 but he made it clear that he had no intention of "diluting" the stock. The chairman of BitMine – a company that has shifted from Bitcoin mining to holding ETH as a treasury asset – is urging shareholders to approve a proposal to increase the ceiling on the number of shares allowed to be issued from 500 million to 50 billion, before the voting deadline on January 14th. It sounds intense, but Tom Lee explained that 👉 it's not about issuing 50 billion shares immediately. This is just to open up "room" for the company to flexibly raise Capital, conduct M&A, and most importantly, prepare for a future stock Chia . According to Tom Lee, since BitMine pivoted to $ETH, its stock price has increasingly mirrored Ethereum's volatility. If ETH surges in value over the next few years, the stock price could skyrocket, and a Chia would be necessary to keep it accessible to the average investor 📉📈. He also reiterated the point that Ethereum will be the core infrastructure of future finance, especially as Wall Street moves toward the digital asset market. Tom Lee said he himself is accumulating ETH. ⏰ BitMine shareholders have until January 14th to vote. 📍 The shareholders' meeting will take place on January 15th in Las Vegas.