Bitmine secures the green light to sell more stock and Bitcoin dips below $88,000.

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Bitmine immersion technologies, the world's largest corporate holder of ether has secured the green light to sell more stock.

Shareholder has voted 81% in favor of increasing the company's authorized share count, giving BitMine flexibility to raise

capital for acquisitions or further ether accumulation. The approval comes as BMNR shares dropped

8% on Tuesday alongside a sharp decline in ether prices to below $3,000.

Despite fears of dilution, executives reassured investors, they would not issue new stock

below the company's market net asset value, a critical metric given their massive treasury

of over $4.2 million each. Bitcoin is struggling to find its footing, dropping to below $88,000

as geopolitical risks send investors fleeing to gold.

According to ex-BTO CEO Philip Bakazi, this divergence between Bitcoin and precious metals

signals the end of Bitcoin's venture phase and the start of a mature institutional era

defined by stability rather than explosive returns.

Bakazi argues that while gold remains the immediate refuge currency for central banks,

Bitcoin is solidifying as a long-term balance sheet asset.

However, he warns that if Bitcoin continues to trade like a high beta tech stock during crisis,

the digital gold narrative could face an existential test.

As of this morning, gold continues to test new highs above $4,800.

And Solana Mobile is taking its hardware ecosystem on chain, officially beginning the distribution

of its new SKR token. The Airdrop rewards users of the new Seeker smartphone, marking a shift

to tie crypto incentives directly to hardware adoption. With the total supply of $10 billion,

the SKR token is designed for governance and staking within the mobile ecosystem. The token launches with an inflation model

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