Decrypt·ETH

Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks

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10,452 ETH
BitMine ETH purchase

The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of what it calls the largest equity buyback any crypto treasury company has run.

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