BitMine adds 10,452 ETH and buys back 2.04 million shares in a single week
Photo: Crypto Briefing
Tom Lee's Ethereum treasury company keeps stacking tokens and retiring stock as it closes in on its 5% supply target Bitmine Immersion Technologies had another busy week. The company added 10,452 ETH to its treasury and repurchased 2.04 million of its own shares. Neither number is dramatic on its own. Together, they show the company running two plays at once: buying the asset it believes in, and buying the stock it believes is cheap. The 10,452 ETH purchase continues a weekly habit that has become as predictable as a Monday standup.
Source: Crypto Briefing
