Strategy spent $1.25 billion last week to acquire 13,627 bitcoins

January 12 (Reuters) — BitMine Chairman Thomas "Tom" Lee said Monday the crypto firm’s ability to keep accumulating Ethereum (ETH) hinges on shareholders approving a new share issuance authorization. Without approval, BitMine may be forced to slow its ETH purchasing pace in the coming weeks. Lee stated: “We need to move forward with the issuance immediately — BitMine’s current 500 million-share authorization is nearly exhausted, and once it runs out, our ETH accumulation rate will slow.” The shareholder vote is set for Thursday. Under company rules, the proposal needs support from 50.1% of all outstanding shares to pass. “That’s a very high threshold, making it extremely hard to secure the authorization,” Lee emphasized in the statement.

**January 12 Update: Binance Wallet Unveils FOGO Pre-TGE Initial Public Sale Details** Binance Wallet announced details for the FOGO Pre-TGE initial public sale on January 12. During the initial subscription event, users can subscribe for FOGO token allocations via Binance Wallet. The sale uses an oversubscription model, with users capped at depositing 6 BNB each. Token distributions will be proportionate to the total BNB amount deposited by all participants. Once the subscription period wraps up, users must claim a key (representing their FOGO allocation) on Binance Smart Chain (BSC) via Binance Wallet—this must be done on the dedicated initial subscription event page. Any excess BNB deposited will be automatically refunded when claiming the key. FOGO tokens will be airdropped directly to users’ Binance Alpha accounts on January 15 at 12:00 UTC. At that time, users will be able to trade via Alpha limit orders.

January 12 — Web3 AI agent platform Neuramint has closed a $5 million seed funding round, per official sources. The round was led by Maelstrom, Borderless Capital, Selini Capital, Symbolic Capital, Lattice Fund, and Node Capital. Proceeds will speed up platform development, expand integrations with Web3-native SDKs, and support the upcoming public beta test of Neuramint. The funds will also drive deeper integrations with leading DeFi protocols and blockchain networks, covering DeFi automation, NFT management, cross-chain bridging, and large-scale DAO governance.

On January 12, Alphabet (GOOG.O)—Google’s parent company—became the first to see its market value top $4 trillion, per Bitget market data.

On January 12, per GMGN market data (via https://t.me/gmgnaibot?start=i_m4TE56o8), the market cap of Chinese meme coin "Life K Line" on the BSC ecosystem briefly fell below $7 million. It’s currently at $8.92 million, with a 24-hour decline of 41.4% and 24-hour trading volume of $19.9 million.

Jan. 12 — Market sources report Apple (AAPL.O) has selected Google (GOOG.O)’s Gemini to power this year’s AI version of Siri.