Bitmine adds $19.6M in ETH, repurchases 4.5M shares12m, Bitmine adds $19.6M in ETH, repurchases 4.5M sharesBitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target.
- Posted on August 4, 2026
- By Cointelegraph
- 1 Views
- 1 min read
Bitmine strengthens its position in the Ethereum ecosystem by investing $19.6 million in additional ETH holdings while simultaneously executing a share buyback program of 4.5 million shares. The cryptocurrency investment firm now controls approximately 4.8% of Ether's circulating supply, advancing steadily toward its ambitious 5% acquisition target. This strategic dual approach demonstrates confidence in Ethereum's long-term value proposition while returning capital to shareholders.
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Bitmine adds $19.6M in ETH, repurchases 4.5M shares12m, Bitmine adds $19.6M in ETH, repurchases 4.5M sharesBitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target.
Bitmine adds $19.6M in ETH, repurchases 4.5M shares12m, Bitmine adds $19.6M in ETH, repurchases 4.5M sharesBitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target. continue reading...
