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Bitmine Slowed ETH Buys to Smallest Weekly Pace Since June 2025 | The Defiant
Bitmine Immersion Technologies (NYSE: BMNR) acquired 7,430 ether (ETH) over the past week, its smallest weekly purchase since launching its treasury strategy, as the company shifted capital toward buying back its own stock, according to a company press release issued July 20.
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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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theblock.co
Bitmine expands Ethereum treasury to 5.78 million ETH, repurchases 5.5 million shares
Bitmine expanded its ether treasury to 5.78 million ETH and repurchased 5.5 million shares under its $4 billion buyback program.
