CryptoDecryptabout 3 hours ago
Bitmine Pivots to Record Share Buybacks
2 min read
Bitmine Immersion Technologies repurchased 2.04 million shares for $399.6 million, marking the largest equity repurchase by a crypto treasury firm. The firm added 10,452 ETH worth roughly $24 million, reaching 6,051,933 ETH total holdings valued at $14.3 billion. This move mirrors Strategy's recent shift toward buying back stock instead of acquiring new crypto assets.
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