Bitmine (BMNR) Stock: Gains After $11.5B Treasury Update and Share Buyback

Bitmine stock climbed after reporting an $11.5B crypto treasury update. The company repurchased 5.5M shares under its approved $4B buyback plan. Ethereum holdings reached 5.78M ETH, equal to 4.8% of total supply. Bitmine stakes 4.9M ETH, targeting up to $290M in annual rewards. The MAVAN platform strengthens Bitmine's long-term Ethereum treasury strategy.