Ethereum
Tom Lee's Bitmine Taps the Brakes on ETH Buys, Pivots $86M Into Stock Buyback
Decrypt·July 20, 2026·1 min read
Tom Lee's Bitmine reduced its pace of ETH purchases and pivoted $86 million into a stock buyback. Bitmine repurchased 5.5 million common shares, according to Chairman Tom Lee. The move signals a shift in capital allocation strategy for the firm.
Read at DecryptDaily 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.