Ethereum
BitMine Buys Back Millions of Shares and Now Stakes 5.23 Million ETH
Cointribune·October 27, 2026·1 min read
BitMine resumed share buybacks and now stakes 5.23 million ETH. Last week, the company repurchased 2.04 million shares, while staked ether volume increased after nearly three months of stagnation. However, its ether purchases are slowing as it nears its holding target, signaling a strategic shift toward staking and shareholder returns.
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