BMNR stock jumps after hours as Bitmine chairman urges “yes” vote on 50 billion share plan
Bitmine Immersion shares jumped 14.9% to $31.19 in after-hours trading Friday after the company urged shareholders to approve a massive increase in authorized shares ahead of a mid-January vote. The proposal would raise the limit to 50 billion shares from 500 million. The company released new materials and a chairman’s message supporting the move. Bitcoin and ether gains also lifted crypto-linked stocks.