Exchanges· ★★★· bullish·

BitMine buys 10,452 ETH for $24M and repurchases $45M in shares

  • —The 10,452 ETH purchase brings BitMine's treasury to 6.05 million ETH
  • —The company added about 68,000 ETH over the past 30 days
  • —BitMine repurchased $45 million of its own shares
  • —BMNR stock is down over 20% this month, erasing more than 60% of Q3 gains
Why it matters: The largest ETH treasury holder keeps buying the dip, but slow accumulation by other DATs caps broader corporate demand for Ethereum.
#ETH
Source: Cryptonews.net
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