shareholders

According to CNN, a jury in California largely supported the claims of Twitter (now rebranded as X) shareholders on Friday, who accused billionaire Musk of making false statements before acquiring the social media company for $44 billion in 2022 and intentionally driving down the company's stock price. However, the jury did not find that Musk was involved in an overall scheme to defraud investors.This ruling concludes a civil class action lawsuit. The lawsuit was filed by a group of Twitter shareholders in October 2022—just weeks before Musk officially took over the company. During the weeks-long trial, Musk was forced to testify in his defense. Musk initially agreed to acquire Twitter in April 2022 but attempted to back out of the deal in the following months, ultimately completing the acquisition.According to estimates from the plaintiffs' attorneys, the jury's awarded damages are expected to be around $2.5 billion, with the exact amount depending on the final number of people who apply to join the class action. Musk's lawyers stated that Musk plans to appeal the ruling. His law firm, Quinn Emanuel Urquhart & Sullivan, noted that Musk has successfully appealed in other unrelated cases in Texas and Delaware recently.

For major exchanges like Upbit and Bithumb, the new restrictions will be implemented after a three-year grace period following the enactment of the legislation, while smaller exchanges will receive an additional three years to adapt.This move will force most of South Korea's major cryptocurrency exchanges to undergo significant restructuring, such as Bithumb Holdings currently controlling over 73% of Bithumb, while Binance holds over 67% of Gopax. According to reports, this ownership cap is expected to be included in South Korea's upcoming "Digital Asset Basic Law," which will also cover key topics such as stablecoin issuance and cryptocurrency ETFs.

According to Globenewswire, Tice P. Brown, a major individual shareholder of the Nasdaq-listed Bitcoin treasury company Empery Digital, has released an open letter disclosing that he has formally rejected the management's privately proposed share buyback offer (he personally holds 9.8% of the company's shares), accusing the company of taking this action to ensure the stability of CEO Ryan Lane's position rather than to protect shareholder interests.At the same time, he demands that Ryan Lane resign immediately and that all Bitcoin assets be sold, with the proceeds returned to shareholders. Data shows that Empery Digital currently holds approximately 4,081 Bitcoins, valued at about $258 million.

Yzi Labs investment partner Alex Odagiu recently wrote to the CEA Industries board, accusing it of recklessly delaying the annual shareholder meeting, which could put the company at risk of being delisted from Nasdaq.The letter pointed out that it has been over 400 days since the last shareholder meeting. The board attempted to exploit a loophole by changing the fiscal year-end date to April 30 through "accounting maneuvers," extending the interval between meetings to 16 months. Alex Odagiu stated that this move by the board was to evade voting and that last December, they used the excuse of a "ski vacation" to cover up their actions of obstructing shareholder democracy through the "poison pill plan" and amending the bylaws.The letter emphasized that although the board tried to comply technically, its malicious manipulation could trigger Nasdaq's delisting discretion. Yzi Labs demands that the board immediately announce the date of the 2025 annual shareholder meeting and cease actions that jeopardize the company's listing status to maintain their positions.

In response to the South Korean financial authorities' discussion on limiting the shareholding ratio of major shareholders in virtual asset exchanges to the range of 15% to 20%, several scholars expressed cautious attitudes at the seminar on "The Direction of Institutionalization of Stablecoin Issuance and Trading Infrastructure" held on January 16. Professor Moon Cheol-woo from Sungkyunkwan University's Business School pointed out that forcibly compressing the shareholding ratio of major shareholders may touch upon property rights protection issues, posing a risk of unconstitutionality.He also mentioned that comparing the equity structures of Binance and Coinbase, it is not uncommon globally for founders to maintain a high shareholding ratio, and such restrictive measures may contradict the international trend of emphasizing responsible management.Additionally, Professor Kim Yoon-kyung from Incheon University believes that directly intervening in the equity structure through ratio limits is too radical and may weaken the industry's innovation and development momentum. Several experts at the meeting suggested that regulatory authorities could guide equity dispersion and compliant development by strengthening the qualification review of major shareholders and improving IPO-related systems, rather than adopting mandatory divestiture arrangements.

BitMine Chairman Tom Lee stated in an interview with 3PROTV that Ethereum founder Vitalik Buterin and OpenAI CEO Sam Altman are expected to attend the annual shareholders' meeting today (January 15). The meeting will vote on the proposal to increase the authorized shares from 500 million to 50 billion.Tom Lee emphasized that if the proposal is not approved, the company will not be able to issue new shares to purchase more Ethereum or make acquisitions. Addressing dilution concerns, he mentioned that the company has never issued stock below its net asset value. Additionally, BitMine will present its development roadmap for 2026 at the meeting, including growth sources beyond staking rewards, and reveal potential future acquisitions of other crypto treasury companies.

Strive announced that the shareholders of Semler Scientific voted to approve Strive's acquisition proposal. As part of an all-stock transaction, Strive will acquire 5,048.1 bitcoins held by Semler Scientific. Strive also announced the purchase of an additional 123 bitcoins for its corporate treasury at an average price of $91,561 per bitcoin, for a total purchase price of $11,264,000 (including fees and expenses), bringing Strive's total bitcoin holdings to 7,749.8 bitcoins.Upon completion of the acquisition of Semler Scientific, the merged company will hold 12,797.9 bitcoins, making it the 11th largest corporate holder. Strive stated that its goal is to tokenize Semler's medical diagnostics business and address a $120 million debt issue.With the completion of the merger, the board approved a 1:20 reverse stock split for the Class A and Class B common stock of the merged company. Strive plans to disclose more details regarding the anticipated reverse stock split, including the expected effective date and the new CUSIP number for Class A common stock, in an upcoming current report on Form 8-K.After the transaction is completed, Semler Scientific Executive Chairman Eric Semler will join Strive's board of directors. Following this announcement, the stock prices of Strive and Semler Scientific fell by approximately 10%, respectively.

According to CoinDesk, Bitmine Chairman Thomas "Tom" Lee stated in a statement released on Monday that whether BitMine can continue to increase its holdings of Ethereum (ETH) depends on whether shareholders approve the company's authorization to issue new shares. If not approved, the company may be forced to slow down its purchasing pace in the coming weeks.Lee stated, "We must move forward with the issuance immediately, as BitMine's current authorization of 500 million shares is about to be exhausted. Once the limit is reached, our pace of ETH accumulation will slow down." The shareholder vote will be held on Thursday. According to regulations, the issuance proposal needs to receive support from 50.1% of all outstanding shares to pass. "This is a very high threshold, making it extremely difficult to obtain authorization for the issuance," Lee emphasized in the statement.

According to official news, YZi Labs Management Ltd. is currently reviewing the recent actions taken by BNC (CEA Industries) regarding the formation of a shareholder group and the initiation of a proxy solicitation process. These actions, which harm shareholder interests, include the "poison pill plan" and amendments to the bylaws aimed at obstructing and delaying shareholders from exercising their rights through written consent. YZi believes that the substantive effect of these actions is to impose unnecessary restrictions and procedural burdens beyond what is required by Nevada law.The company's board of directors ("Board") appears to be taking these steps to consolidate its position—even after YZi warned that further erosion of shareholder rights would provoke strong dissatisfaction among shareholders. YZi has reminded the Board that its failure to properly fulfill its fiduciary duties may expose it to potential legal risks. Nevertheless, the Board has chosen to restrict shareholder rights rather than acknowledge its mistakes, indicating that they are aware of their lack of shareholder support. Many other shareholders have confirmed to us that they share the same concerns and shock as YZi regarding BNC's unwise strategic shift and abandonment of the BNB ecosystem.Furthermore, YZi refutes the company's false statement that it "has never considered adopting alternative tokens for the company's digital asset reserve strategy, nor has it initiated a competitive digital asset reserve business." This denial contradicts the remarks made by BNC CEO David Namdar at the industry conference in November 2025, where he explicitly stated that BNC had considered shifting to other crypto assets like Solana. Coupled with Mr. Namdar and Board member Hans Thomas actively promoting and fundraising for other digital asset reserve projects during their tenure at BNC, YZi believes shareholders have reason to be concerned about their interests being betrayed.

According to GlobeNewswire, Trump Media & Technology Group (DJT.O) plans to distribute digital tokens to its shareholders, utilizing technology from Crypto.com for the distribution of the tokens.Trump Media & Technology Group expects that in the near future, each ultimate beneficial shareholder will be eligible to receive 1 new digital token for every 1 share of DJT stock they hold. Token holders will also regularly receive various rewards throughout the year, which may include benefits or discounts linked to products under Trump Media (such as Truth-related services). More details about the token distribution plan are expected to be announced next year.

Strategy Executive Vice President Andrew Kang said in a recent interview: "If we continue to increase our holdings of Bitcoin, it will benefit our shareholders. We are looking for untapped capital and areas that can drive the growth of digital credit demand. Bitcoin still has a long way to go."

According to KBS, the Financial Services Commission of South Korea proposed in the "Basic Digital Asset Act" submitted to the National Assembly to limit the shareholding ratio of major shareholders in the country's four largest virtual asset exchanges, suggesting it be set between 15% and 20%, aimed at preventing a few founders and shareholders from controlling the operation of the exchanges.If this proposal is implemented, Dunamu Chairman Song Ji-heung may be required to forcibly sell about 10% of his shares. Platforms such as Bithumb and Coinone will also face significant changes in governance structure, raising concerns in the industry about excessive government regulation.

According to PRNewswire, Bitmine Immersion Technologies, an Ethereum treasury company listed on NYSE American, announced that it will hold its annual shareholder meeting in Las Vegas on January 15, 2026. The meeting will elect 8 directors for a one-year term. Additionally, a proposed amendment to increase the number of authorized shares of common stock, the 2025 comprehensive incentive plan, and special performance compensation arrangements for the executive chairman are also expected to be approved at the annual shareholder meeting.

According to a report by Bitcoin Magazine citing Bloomberg Automation's automated summary, Norway's sovereign wealth fund management agency Norges Bank Investment Management (NBIM) has expressed support for several management proposals from Bitcoin treasury company Metaplanet and will exercise its voting rights at the shareholders' meeting on December 22.Data shows that as of the end of June 2025, NBIM holds approximately 0.3% of Metaplanet's shares. The Norwegian sovereign fund's series of initiatives to increase exposure to Bitcoin through public market asset allocation reflects the recognition of sovereign-level long-term capital for the strategic direction of related companies.

MetaPlanet will hold a special shareholders' meeting on December 22 (Monday), with the main agenda focusing on an important proposal regarding the future issuance of preferred shares, which is crucial for the company's medium to long-term strategy. The company urges all shareholders to actively participate in the voting.According to previous news, Metaplanet will issue a new class of stock, similar to Strategy's $STRC.

Columbus Circle Capital Corp I (NASDAQ: BRR) shareholders approved the business combination with Bitcoin financial services company ProCap BTC on December 3, 2025. The transaction is expected to be completed on December 5, and the combined company will be renamed ProCap Financial, Inc., continuing to trade on the NASDAQ Global Market under the ticker "BRR."ProCap BTC has raised over $750 million from traditional finance and Bitcoin industry investors.

Coinbase shareholders have filed a lawsuit in Delaware, accusing company executives and investors, including CEO Brian Armstrong and board member Marc Andreessen, of allegedly concealing the company's failures in KYC and anti-money laundering compliance, data breach risks, and regulatory investigations for years, while selling company stock valued at $4.2 billion at inflated prices.The plaintiffs claim that Coinbase was aware as early as January this year that hackers had obtained sensitive user information through a third-party customer service provider, but only disclosed the data breach incident in May. Shareholders are seeking billions of dollars in damages, as well as board seats and greater influence over company policies. Last month, Coinbase announced plans to relocate its headquarters from Delaware to cryptocurrency-friendly Texas.

According to Jinshi reports, Tesla's U.S. stock rose 1.8% in pre-market trading, after shareholders approved CEO Elon Musk's $1 trillion compensation plan.