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Bitmine's Mystery Money: Buying Back Shares AND Stacking ETH?
Bankless· 2026-07-27 12:28
The big news in Bit in the Bitcoin universe this week is that they are buying back shares. Wow. BMNR shares and they are also saying they they are not selling BMR below NAV and they are somehow still buying ETH.I don't know how much ETH they bought this week but it was it was some they are at 4.8%. They will continue to make a slow march. They he used a bunch of those there to 5% and they are buying back 5.5% million uh BMNR shares, common stock uh buyback at a $1562 average.Uh again, I don't know where the ...