Bitmine Immersion Technologies expanded its Ethereum position on Monday, adding tens of thousands of ether to its already substantial holdings. The move underscores the company’s ongoing strategy to increase its exposure to Ethereum even as prices remain far below their peak. Data…
Tom Lee Ethereum BitMine approves $1 billion stock buyback
Under the guidance of Tom Lee, BitMine Immersion Technologies has approved an open-ended stock repurchase program of up to $1 billion. The plan supports the company’s shift toward increasing its Ethereum holdings. Through periodic buybacks of common shares, BitMine intends to…