BUSINESSTHE BLOCK
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.
Related Signal
Adjacent reporting
- Bitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue
- BitMine Buys $49 Million in Ethereum as Tom Lee Hails Early Robinhood Chain Demand
- Bitmine generated $46M from Ethereum staking last quarter
- Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock.
- Metaplanet buys another $170 million of bitcoin expanding treasury to 43,000 BTC
- Bitmine lifts ether treasury to 5.28 million ETH as total holdings top $12 billion