BitMine Immersion (BMNR) stock jumps as Tom Lee presses for a 50 billion-share vote
NEW YORK, January 4, 2026, 11:34 ET — Market closed Shares of NYSE American-listed BitMine Immersion Technologies (BMNR) were last up about 15% at $31.19, after the company released fresh materials from Chairman Tom Lee urging shareholders to approve a major increase in authorized shares. Securities and Exchange Commission The vote matters now because BitMine is asking investors to expand the ceiling on how many shares it can issue — known as “authorized shares” — from 500 million to 50 billion. The company has roughly 426 million shares outstanding, close to the current cap cited in its materials. Securities and