Back to all news
Ethereum

Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks

CoinDesk·August 10, 2026·1 min read
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks

Bitmine's ETH buying slowed as Tom Lee's firm shifted capital to share buybacks. Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess, impacting market sentiment.

Read at CoinDesk
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store