Bitmine buys 9,946 ETH as the ETH/BTC ratio hits a three-month high and BMNR tests key resistance near $18.

The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal.

BitMine holds 4.8% of all Ethereum in existence after buying $19M more ETH, with 4.9M staked and backing from ARK Invest and Pantera.