Bitmine Slows Ether Purchases Amid $86M Stock Buyback
Live market snapshot (at publish): ETH $1,872.18 (+0.3% 24h) · BTC $64,611 (+0.4% 24h)
Frequently Asked Questions
- What is the reason for Bitmine's slowed ether purchases?
- Bitmine slowed its ether purchases due to a $86 million stock buyback.
- How much stock did Bitmine repurchase?
- Bitmine repurchased 5.5 million common shares at an average price of $15.62.
- What is the current percentage of ETH supply held by Bitmine?
- Bitmine currently holds 4.8% of the ETH supply.