TOPINDIATOURS Update crypto: Tom Lee Pushes for Big Share Increase as BitMine Closely Trac

πŸ“Œ TOPINDIATOURS Update crypto: Tom Lee Pushes for Big Share Increase as BitMine Cl

Tom Lee is urging BitMine shareholders to approve a dramatic expansion of the company’s authorized share count. This would make future dilution easier as BitMine doubles down on Ethereum as a core treasury asset.

In a New Year message, Lee asked investors to back a proposal to raise the authorized share limit from 500 million to 50 billion shares. The vote closes on January 14, ahead of BitMine’s annual meeting on January 15 in Las Vegas. 

BitMine’s Share Dilution Debate Tied to Ethereum

Tom Lee said the increase does not mean BitMine will issue all those shares immediately. 

Instead, he said it would give the company flexibility to support future capital needs and enable stock splits if the share price rises significantly.

BitMine pivoted last year to make ETH its primary treasury asset. Since then, the company has steadily increased its ether holdings, positioning itself less like a traditional mining firm and more like a leveraged Ethereum balance sheet. 

In the past month alone, the company bought over $1 billion in Ethereum

Top 10 Ethereum Treasury Companies. Source: CoinGecko

Lee told shareholders that BitMine’s stock has begun tracking ETH more closely than its operating metrics. 

In his view, if Ethereum’s price rises enough over time, issuing new shares to buy more ETH could still benefit shareholders, even if their ownership percentage falls.

If the proposal passes before the January 15 shareholder meeting in Las Vegas, BitMine would have a much larger pool of shares to issue. That could be used for:

  • Raising capital, including potentially to buy more Ethereum
  • Acquisitions or strategic deals
  • Stock splits to keep the share price “accessible” as Lee outlined

Lee emphasized to investors that approving a larger authorization does not automatically create dilution. Actual dilution would occur only if and when new shares are issued.

BitMine Stock Price Since Becoming an Ethereum Treasury Firm. Source: Google Finance

Also, he emphasized stock splits as a key reason for the proposal. If BitMine’s share price rises alongside ETH, splits could be needed to keep shares accessible to retail investors. A higher authorized share count makes those splits easier to execute.

Still, the proposal puts shareholders at a crossroads. Approving it does not dilute stakes today, but it lowers the barrier for future dilution tied directly to Ethereum exposure.

The post Tom Lee Pushes for Big Share Increase as BitMine Closely Tracks Ethereum Price appeared first on BeInCrypto.

πŸ”— Sumber: www.beincrypto.com


πŸ“Œ TOPINDIATOURS Hot crypto: Best Crypto to Buy Now 2 January – XRP, PEPE, Solana E

2026 is finally here, and crypto traders are heading into the new year hoping it treats altcoins better than 2025 did. Right now, XRP, Solana, and PEPE are standing out as some of the more interesting picks to watch as potential best crypto to buy.

Even with Bitcoin bouncing back toward $89.5K, most altcoins are still down more than 50% from their all-time highs.

Bitcoin has pretty much broken the classic four-year cycle narrative, so nobody can say with confidence what comes next. Still, when you look at fundamentals, SOL, XRP, and PEPE remain some of the most compelling names going into the new year, and here is why.

Ripple (XRP) Could Head To $8 In 2026: Bank Analyst Predicts

XRP just hit an eight-year low in exchange supply, which usually points to accumulation happening while price sits near lows.

A big part of that is coming from ETFs, which have already pulled in over $1.4B since launch. That is close to 0.75% of the total XRP supply in just a couple of months.

On top of that, analysts at Standard Chartered think XRP could rip more than 300% and push past $8 in 2026, fueled by spot ETF demand and the regulatory clarity XRP finally has..

Source: XRPUSD / TradingView

There are three key levels to focus on right now on the XRP chart. To remain in a bullish structure, XRP must continue holding above $1.80 as we move into Q1.

It just broke above the first level at $1.90. If that rally continues, a retest of the $2.00 psychological resistance should be expected. The RSI is around 64, which still leaves room for a short-term push toward $2.20.

Any sustained break below $1.80 would damage the bullish structure, and the $1.60 level becomes the critical support to watch on the downside.

Solana (SOL) is The Top Chain In 2025 And Could Do It Again In 2026

Solana is not an emerging chain anymore. It closed 2025 as the top blockchain by revenue, bringing in over $1.4B and even beating Hyperliquid, which came in second.

It also led all chains in DEX volume and ranked second only to Binance Smart Chain in active addresses back in November, and that was during one of the weakest periods for the network.

Source: Cryptorank

Another big milestone that cannot be overlooked is the approval of Solana ETFs. These are expected to bring fresh demand into the ecosystem, similar to the launch period when SOL logged 21 straight days of inflows.

With all of this happening while price is still holding above its 18-month support, Solana could be quietly setting up for an explosive move in 2026.

From a technical angle, SOL has now pushed above the short-term resistance around $128. If it can hold and stay above the $127.50 to $130.50 zone, momentum could pick up quickly.

That would open the path to $133 first, followed by a retest of the channel top near $139 to $140. If it fails to hold this area, $118 comes back into focus, with $112 sitting as the next deeper support to watch.

PEPE Could Do It Again And Start Memecoin Season

PEPE is already up nearly 50% since the start of 2026. Last bear market, PEPE came out of nowhere and was one of the sparks that helped kick off the bull run.

It basically created the memecoin season everyone still remembers. With the way it is moving now, a lot of people are starting to think it could pull that off again and bring memecoins back to life.

That candle just smashed through a resistance that held for months around $0.000005, but there is still a long road ahead.

After this push, RSI is sitting around 89, which is clearly overbought, not oversold. That means a pullback would be normal here. If PEPE manages to flip that old resistance into support on a dip, it could be setting up for a very strong year.

It could end up recreating the same kind of rally it pulled off earlier in 2025. If that happens, the coin below stands out as one of the strongest candidates to follow that move.

Bitcoin Hyper ($HYPER) Could Be The Next Coin To Follow This Move

While large caps like XRP and Solana grind through key levels, early-stage capital is already rotating into higher-upside plays. One project pulling attention right now is Bitcoin Hyper.

Bitcoin Hyper is positioning itself as a Bitcoin-aligned Layer 2 focused on speed, scalability, and real utility. Something many investors feel Bitcoin itself lacks today. The project has already crossed the $30M raised milestone. This is notable given the current market environment and risk-off sentiment across altcoins.

What stands out is timing. Bitcoin Hyper is gaining traction. While most speculative assets are still deeply discounted, the same setup that historically produced outsized returns once momentum returned. If 2026 turns into a broader risk-on year, Bitcoin Hyper sits in a strong position to benefit from that rotation.

As always, high-upside plays come with higher risk. But for traders looking beyond large caps, Bitcoin Hyper is shaping up as one of the more watched narratives going into the year.

Visit the Official Bitcoin Hyper Website Here

The post Best Crypto to Buy Now 2 January – XRP, PEPE, Solana appeared first on Cryptonews.

πŸ”— Sumber: cryptonews.com


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