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Bitmine slows Ethereum purchases, adds 7,430 ether worth $14M as it nears 5% supply target
Bitmine Immersion Technologies cut weekly Ethereum purchases from 120,000 ETH to just 7,430 ETH, pivoting $86M toward stock buybacks as it nears 5% supply
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coindesk.com
Ethereum news: Bitmine (BMNR) slows ETH purchase pace to shift cash to $86 million stock buyback
The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum's supply.
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cryptobriefing.com
Bitmine executes $86M stock buyback under repurchase program
Bitmine Immersion Technologies repurchased 5.5 million shares for $86M under its $4 billion buyback program as the Ethereum treasury firm holds 4.8% of ETH
