Bitmine Immersion Technologies, Inc. announced that stockholders approved all proposals at its Annual Meeting on January 15, 2026, including a significant amendment to increase the number of authorized shares of common stock. This change supports the company's ongoing crypto accumulation strategy. The company also provided an update on its digital asset holdings.

Key Details

  • Share Authorization Increase: Stockholders approved an amendment to increase the total authorized shares of common stock from 500,000,000 to 50,000,000,000. The amendment became effective on January 16, 2026.
  • Other Approved Proposals: All other proposals passed, including the election of eight directors, the approval of the 2025 Omnibus Incentive Plan, and a non-binding advisory vote on executive compensation.
  • Updated Holdings: In an associated press release, BMNR reported total crypto and cash holdings of $14.5 billion as of January 19, 2026, which includes 4.2 million ETH and $979 million in cash.