Is the Share Increase Dilution — Or Strategic Optionality?
-

Critics argue that raising the authorized share count looks dilutive, but Lee emphasized that authorization does not equal issuance. The goal is flexibility — allowing stock splits, capital raises, or structured financing without repeatedly seeking shareholder approval.
How to make money: Advanced investors should watch issuance behavior, not headlines. If share count stays stable while ETH exposure grows, the market may eventually reprice BitMine as a leveraged ETH balance sheet — similar to how Bitcoin treasury firms were revalued in prior cycles.
-
if BitMine ends up being treated like an eth balance sheet this convo is gonna age funny