【Blockchain Rhythm】An interesting trend worth paying attention to—Tom Lee, Chairman of Ethereum Treasury Company, recently teased a plan on social media, revealing that the company needs to increase authorized share capital, with three main considerations behind it.
First is financing flexibility, to gain more operational space for the company through ATM mechanisms and financing needs; second is to avoid being constrained by share capital when seizing strategic opportunities like mergers and acquisitions; the third and most core reason is to reserve sufficient authorized space for future stock splits.
Here is a logical chain worth pondering: Lee believes that as Ethereum is validated as the future of finance, the target exchange rate for ETH and BTC could potentially reach 0.25. If ETH rises to $250,000 in the future, the company's stock price could surge to $5,000. In this way, the barrier for ordinary investors to participate becomes too high. Therefore, the company plans to reset the stock price through a stock split to 2