Ethereum
Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
Decrypt·October 26, 2026·1 min read
Tom Lee's Bitmine added 10,452 ETH, reaching 4.95% of supply, but its larger move was repurchasing 2.04 million of its own shares. The firm calls it the largest equity buyback any crypto treasury company has run, signaling a pivot from accumulation to shareholder returns.
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