Tom Lee’s Bitmine Buys Back 5.5M BMNR Shares as ETH Stack Nears 5.8M Tokens

Bitmine Immersion Technologies now holds 5.78 million ether tokens, worth $11.5 billion in total crypto, cash, and equity. The Connecticut-based ETH treasury company disclosed the figures in its weekly update. Bitmine's ether position represents 4.8% of the total 120.7 million ETH supply. The firm also bought back 5.5 million BMNR shares.