BitMine Shareholder Meeting Marks Shift from ETH Staking Proxy: Here’s Where Tom Lee’s Looking Next

BitMine’s annual shareholder meeting in Las Vegas was billed as a routine governance event, with votes scheduled on board elections, executive compensation, and an increase in authorized shares. Instead, the session became a strategic coming-out moment, reframing the company from a simple Ethereum staking proxy into something far more ambitious. Distribution and Retail Onboarding Now Sit at the Core of BitMine’s ETH Strategy At the heart of that shift is BitMine’s progress toward its long-stated goal of controlling 5% of Ethereum’s total supply. According to commentary shared around the meeting, the company already controls roughly 75% of the ETH required to reach that threshold source: https://beincrypto.com/bitmine-shareholders-meeting-eth-tom-lee/