The ‘Alchemy of 5%’ Ethereum—Bitmine Launches $1 Billion Share Buyback

On Tuesday morning, Bitmine Immersion Applied sciences introduced a $1 billion program to repurchase its excellent frequent inventory. The open-ended program, permitted by the board, permits Bitmine to purchase shares on the open market or by negotiated transactions. Chairman Tom Lee said the transfer aligns with attaining “the alchemy of 5%” of ETH, suggesting repurchases may […]



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