BitMine's smaller ETH purchase this week doesn't change the bigger picture.


They simply chose to spend part of their capital on share buybacks instead of buying more ETH. The strategy is still the same, and they haven't stopped accumulating.
With over 5.7M ETH on the balance sheet and most of it already staked, they're getting closer to their goal of owning 5% of Ethereum's supply.
Sometimes it's not about buying faster—it's about making smarter capital decisions. $ETH

#EventContractsLaunch #TrumpAgreesToClarityEthicsClause
ETH-0.49%
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Venüs_
· 2h ago
To The Moon 🌕
Reply0
Venüs_
· 2h ago
LFG 🔥
Reply0
FlowWatcher
· 3h ago
5.7M ETH has already been locked up for the most part—aren’t we just one last step away from 5%? Those who are in a hurry to rant/complain should take a look at the balance sheet instead.
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L2Blower
· 3h ago
Grab both the stock price and stockpiling crypto at the same time. It steadies shareholders’ confidence without betraying the faith—this approach is more worth learning than mindlessly buying.
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GasHelper
· 3h ago
Share buyback-for-exchange is indeed a smart-money move; as the total amount doesn’t change, the target doesn’t move.
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