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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Differently Secured: Bitlease Founder Nima Beni on Why Falling Hashrates Aren’t a Threat
The bitcoin mining industry is undergoing a significant transformation as it matures into more institutional structures. Nima Beni of Bitlease...
