On Tuesday morning, Bitmine Immersion Technologies announced a $1 billion program to repurchase its outstanding common stock. The open-ended program, approved by the board, allows Bitmine to buy shares on the open market or through negotiated transactions. Chairman Tom Lee stated the move aligns with achieving “the alchemy of 5%” of ETH, suggesting repurchases could […]
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Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion
A $75 million offering fuels a major leap into bitcoin and digital assets as Bakkt sharpens its focus on treasury...
