BitMine主席提議將公司授權股數增至500億，增幅達1000倍
BitMine公開上市的以太坊（Ether）財庫公司主席Tom Lee，呼籲股東支持一項提案，將公司授權股數由現時的5,000萬大幅提升至500億。他指出，隨著以太坊價格推動公司估值上升，未來可能需要進行股票拆細，故此必須預先準備足夠的授權股份。
Lee表示，BitMine的股價與以太坊（ETH）價格緊密相關，他基於ETH與比特幣（BTC）的比率，模擬了未來可能的估值。他認為，若比特幣價格升至100萬美元，ETH價格有機會飆升至25萬美元，屆時BitMine的股價將高得令大部分散戶投資者難以承受。
BitMine在2025年由比特幣挖礦及持有公司轉型為以太坊財庫策略，但仍保留部分比特幣業務。Lee指出，當ETH價格達到25萬美元時，BitMine股價的「隱含價格」約為每股5,000美元，這對大多數散戶而言過於昂貴。他說：「不是每個人都想持有500美元、1,500美元或5,000美元的股價，大部分人希望股價維持在約25美元左右。」
Lee解釋，若ETH真的升至25萬美元，BitMine將需要進行100比1的股票拆細，將股價維持在約25美元，屆時流通股數將增至約430億股。現時公司已發行約4.26億股，他們希望將授權股數上限提升至500億，這並不代表會立即發行這麼多股份，而是為未來的最大發行量做準備。
Lee所描述的情況反映了金融界所謂的「單位偏差問題」（unit bias），即投資者心理上傾向關注自己持有的股份數量，而忽略了投資回報率、風險回報比等更重要的投資評估指標。
不過，Lee的提案在社交平台X（前Twitter）上引來大量負面反應，許多用戶認為提高授權股數是稀釋股權的舉動。有用戶直言：「Tom，這看起來很可疑又荒謬，因為股價可能升到500美元就授權更多股份。你應該等股價不再低迷時再做這件事。」
BitMine再購入價值逾1億美元的以太坊，持倉突破400萬枚
BitMine於近日購入了32,938枚以太坊，當時市值超過1.02億美元。公司在去年12月持有的以太坊數量突破400萬枚，估值超過120億美元，並開始將部分ETH進行質押以賺取收益。
在加密貨幣領域，「質押」指的是驗證者將代幣鎖定於權益證明（Proof-of-Stake）區塊鏈，以協助網絡安全及運作，並獲得以質押代幣支付的收益。
—
評論與啟示
Tom Lee的提案反映了加密貨幣市場的特殊性，尤其是與傳統股票市場相比，數字資產價格波動劇烈且潛在升幅巨大。BitMine作為一間以太坊財庫公司，其股價與ETH價格高度掛鉤，這種關係使得公司股價可能迅速飆升至散戶難以負擔的水平。授權股數大幅增加，為未來股票拆細做準備，是一種前瞻性的資本結構管理策略，旨在保持股票流通性和吸引力。
然而，市場對此反應負面，主要擔心授權股數增加會稀釋現有股東權益。這反映出投資者對於股權稀釋的敏感性，以及對公司治理透明度的期待。Lee提到的「單位偏差問題」也揭示了投資者心理的盲點，過度關注股價和持股數量，忽略了投資的本質——回報和風險。
這次事件提醒我們，在加密貨幣與傳統金融融合的過程中，投資者教育和透明溝通尤為重要。公司管理層需要更清晰地向股東解釋資本運作的必要性與長遠利益，避免市場誤解和恐慌。同時，投資者亦應提升自身的金融素養，避免被表面數字迷惑，理性評估投資價值。
總括而言，BitMine的提案是對未來市場潛力的積極準備，但如何平衡公司發展與股東利益，將考驗管理層的智慧與溝通能力。這亦是加密資產公司在快速變動的市場環境中，必須面對的重要課題。
以上文章由GPT 所翻譯及撰寫。圖片由Gemini 根據內容自動生成。
🎨 Nano Banana Pro 圖像生成器｜打幾句說話就出圖
想畫人像、產品圖、插畫？SSFuture 圖像生成器支援 Flux 同 Gemini Nano Banana Pro 改圖 / 合成， 打廣東話都得，仲可以沿用上一張圖繼續微調。
![{
"intro": "Create an ultra realistic 8K UHD DSLR photo based on the attached image as a reference of facial features, maintaining 100% likeness.",
"subject": {
"identity": "A stylish beautiful woman portrayed as Cleopatra during her sacred milk bath beauty ritual, embodying divine femininity, sensual elegance, and timeless power.",
"angle": "Close-up beauty editorial captured at a refined 3/4 angle, focusing on her face, shoulders, and upper chest with extreme clarity and no blur.",
"pose": {
"body_position": "She is partially submerged in a luxurious milk bath, her shoulders and collarbones emerging gracefully from the surface.",
"hands": "One hand gently rests at the edge of the bath with milk droplets on her fingers, while the other lightly touches her neck adorned with subtle gold jewelry.",
"expression": "Soft yet commanding gaze directed toward the camera—calm, confident, intimate, and hypnotic."
}
},
"appearance": {
"outfit": "A barely-there, ritual-style ivory silk drape partially submerged in the milk bath, clinging softly to her skin. The fabric is delicate and translucent, edged with fine gold-thread embroidery for a sensual, sacred aesthetic.",
"accessories": "Minimal ritual jewelry—thin gold collar necklace resting above the milk surface, delicate arm cuff, subtle finger ring—kept refined to maintain focus on beauty and skin.",
"hair": "Her hair is sleek and ritual-polished, partially damp and slicked back at the crown, with soft wet strands framing her face naturally, reflecting candlelight.",
"makeup": "High-fashion Cleopatra beauty makeup with ceremonial artistry—perfectly sculpted brows, elongated black kohl eyeliner, vibrant eyeshadow layered in turquoise, teal, emerald, sapphire blue, and metallic gold. Beneath the eyes, subtle artistic ink-inspired accents echo ancient Egyptian symbolism. Her skin is luminous and dewy, cheeks softly flushed, and lips finished in a nude-rose satin sheen."
},
"ritual_props": {
"bath": "A carved alabaster bathtub filled with warm milk infused with honey, almond oil, and lotus essence.",
"floating_elements": [
"Fresh lotus flowers",
"Soft white rose petals",
"Delicate gold flakes shimmering on the milk surface"
],
"beauty_products": [
"Small golden perfume vial with lotus and myrrh oil",
"Alabaster bowl of honey and milk mixture",
"Clay jar of mineral kohl and pigment powders"
]
},
"background": {
"macro_environment": "An intimate royal bathing chamber within Cleopatra’s palace, designed as a sacred beauty sanctuary.",
"midground_details": "Soft linen curtains, glowing oil lamps, tall candles, and subtle steam rising from the bath, creating a warm and sensual atmosphere.",
"micro_elements": "Milk ripples around her skin, floating petals touching her shoulders, tiny droplets of moisture on her collarbones, reflections of candle flames on gold jewelry, visible stone texture on the tub, and delicate fabric translucency—every detail sharply rendered with zero blur."
},
"lighting": {
"type": "Warm cinematic candlelight combined with soft ambient palace glow.",
"effect": "Golden highlights sculpt her face and skin while gentle shadows enhance depth, intimacy, and divine beauty."
},
"camera": {
"camera_type": "DSLR",
"resolution": "8K UHD",
"lens": "85mm prime lens for beauty editorial compression",
"aperture": "f/8 for maximum facial and detail sharpness",
"iso": 100,
"shutter_speed": "1/160s",
"focus": "Extreme sharp focus on facial features, skin texture, makeup details, and milk surface, no bokeh, no blur"
},
"style": "Luxury beauty editorial, sacred milk bath ritual, ancient Egyptian goddess realism, intimate yet powerful, ultra-detailed, luminous skin focus, cinematic elegance"
}](https://ssfuture.shop/wp-content/uploads/ai_gen_1766006026-300x167.png)
