BitMine announces $1B stock buyback plan to go all out on crypto treasury
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最新报道：BitMine announced a $1 billion stock buyback program to strengthen its balance sheet, with Chairman Thomas Lee stating the move aligns with their goal to control 5% of ETH supply. The company simultaneously added 58,224 ETH ($225M) to its reserves, bringing its total holdings to 566,776 ETH. BitMine holds $2.7B in crypto assets, including 154 BTC, and may adjust its ETH holdings based on market conditions. Competitor SharpLink Gaming also expanded its ETH treasury to 438,190 ETH. Both firms have been aggressively accumulating ETH, absorbing significant portions of newly minted supply. ETH recently rebounded above $3,800 amid increased stablecoin demand.
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