At its Extraordinary General Meeting held on October 16, 2026, NIP Group Inc. approved a significant increase in its authorized share capital from US$200,000 to US$1,000,000, expanding the total shares from 2 billion to 10 billion across three classes. The company also adopted an updated Eleventh Amended and Restated Memorandum and Articles of Association to reflect these changes. These moves aim to support NIP Group's growth in digital entertainment and Bitcoin mining sectors. The company authorized its directors and officers to execute all necessary actions to implement these resolutions effectively.
NIP Group Inc. recently approved a fivefold increase in its authorized share capital to US$1,000,000. For readers following the broader US stock market, here is Pluang's market snapshot as of Oct 17, 2026 09:02 WIB: out of 150 priced US stocks, 48 rose and 102 fell. Notable movers include LCID at USD 3.13 with a 1-day change of -10.57% and 100% buy order activity, OPEN at USD 2.12 down 8.84% with 67% buy orders, and SNOW at USD 306.84 down 8.43% with 56% sell orders.
From January to September 2023, Optimism's OP Stack accounted for a transaction-weighted average of 66.8% of Ethereum Layer 2 and Layer 3 transactions, peaking at 76% in June. These chains processed an average of 908 million transactions monthly, wit...
Bitcoin closed at $81,524 on Oct. 16 as Polymarket's Federal Reserve decision market showed a 14% chance of a quarter-point rate hike at the Fed's upcoming Oct. 27-28 meeting. This sentiment follows September inflation data showing a 0.6% monthly ris...
Shiba Inu (SHIB) saw its market capitalization rise back above $3 billion on October 16, reaching $3.02 billion after briefly falling below that threshold. The token closed at $0.00000508, trading within a narrow range during the day. Despite this re...
Pi Network's token (PI) closed at $0.08066 on October 16, marking a recovery from its October 14 close below $0.08. Despite this rebound, the token remains below its October 11 close of $0.08334 and well under its September 9 high of $0.09977. Tradin...
Worldcoin (WLD) experienced a 4.06% price drop to $0.5129 within one hour on October 16, despite maintaining a 2.54% gain over the past 24 hours. This hourly decline coincided with $170,000 in long liquidations and $10,000 in short liquidations acros...
