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Posted by
Two Blokes Jul 29 -
Filed in
Crypto
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0 views
TL;DR BitMine launched a $1B stock buyback program and added 58,224 ETH ($225M) to its treasury, targeting 5% of Ethereum's total supply amid a 74% stock plunge. The company may actively trade ETH (unlike Strategy's Bitcoin approach) while leveraging discounted shares, holding $401M cash and $2.7B in crypto assets.
