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Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback - Decrypt

Tom Lee's Ethereum treasury company says it added another 10,399 ETH last week, bringing its holdings to nearly 5.8 million ETH tokens.

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Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback - Decrypt

Bitmine bought 10,399 ETH last week, holding 5.8M ETH (4.8% of Ethereum) with $247M staking revenue annually. Institutional adoption of Ethereum treasury strategy by public companies signals crypto reshaping corporate financial structure and revenue models.

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cointelegraph.com13 h fa

Bitmine Adds 10,399 ETH, Repurchases 4.5M Shares

Bitmine accumulates 10,399 ETH targeting 5% of total supply and repurchases 4.5M shares, expanding treasury to $10.9B. Institutional ETH consolidation signals blockchain adoption confidence; buybacks suggest management expects stronger crypto valuations.

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lunedì 3 agosto 2026·decrypt.co
Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback - Decrypt
Tom Lee's Ethereum treasury company says it added another 10,399 ETH last week, bringing its holdings to nearly 5.8 million ETH tokens.
martedì 4 agosto 2026·cointelegraph.com
Bitmine Adds 10,399 ETH, Repurchases 4.5M Shares
Bitmine valued its crypto, cash and other investments at $11.3 billion and said it has repurchased 16.1 million shares since July 1.