Bitcoin Mining Firm MARA Proposes Increase In Authorized Shares

According to Odaily, Bitcoin mining company MARA announced on the X platform that its board of directors has decided to amend the company's charter to increase the number of authorized shares from 500 million to 800 million. This decision follows extensive discussions with advisors and aligns with similar actions taken by other companies in the industry. If approved, the proposal will provide MARA with greater flexibility to capitalize on market conditions and favorable financing and acquisition opportunities.