Bitmine expands Ethereum treasury to 5.78 million ETH, repurchases 5.5 million shares
The Block·
60-second summary
Bitmine is expanding its Ethereum treasury to 5.78 million ETH, a significant increase in its holdings, while also repurchasing 5.5 million shares under its $4 billion buyback program, demonstrating the company's confidence in Ethereum's long-term value and its commitment to returning value to shareholders through strategic investments and share buybacks.
Bitmine expanded its ether treasury to 5.78 million ETH and repurchased 5.5 million shares under its $4 billion buyback program.