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The ‘Alchemy of 5%’ Ethereum—Bitmine Launches $1 Billion Share Buyback

by SB Crypto Guru News
July 29, 2025
in Bitcoin
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The ‘Alchemy of 5%’ Ethereum—Bitmine Launches $1 Billion Share BuybackOn 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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Tags: AlchemyBillionBitcoin NewsBuybackCrypto NewsCrypto UpdatesEthereumBitmineLatest News on CryptoLaunchesSB Crypto Guru NewsShare
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