As a researcher following BitMine, I’ve observed some significant moves recently. They’ve upgraded their stock listing, moving from Nasdaq to the New York Stock Exchange, and substantially increased their stock repurchase program to $4 billion – a clear sign they’re confident in their current approach. Over the last nine months, we’ve seen them accumulate around 4.803 million ETH, which now represents nearly 4% of all Ethereum in circulation. This puts them well on their way to their stated goal of holding 5%. It’s clear BitMine is focused on both strengthening its position in traditional financial markets and strategically building up its cryptocurrency holdings.
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2026-04-09 17:24