Bitmine Accumulates $69M in ETH, Strategy Prioritizes Share Buybacks

Bitmine Continues Aggressive ETH Accumulation With $69M Buy and Uptrend Outlook

Bitmine Immersion Technologies announced that its Ethereum (ETH) holdings reached 5.93 million tokens, equivalent to 4.9% of the total circulating supply of ETH, valued at $2,495 per unit according to Coinbase data.

In other news, Strategy paused its weekly Bitcoin purchases and repurchased 1.8 million STRC preferred shares for a total of $176.3 million.