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Bitmine Ethereum Purchases Slow to $14M as $4B Buyback Takes Priority

The Cryptonomist·July 20, 2026·1 min read
Bitmine Ethereum Purchases Slow to $14M as $4B Buyback Takes Priority

Bitmine's Ethereum purchases slowed to $14 million as a $4 billion buyback takes priority. The company ran an aggressive Ethereum accumulation campaign for most of 2025 and the first half of 2026. The pause in buying reveals the company's strategic shift toward the buyback.

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