Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitmine Shares Leap on Ethereum Acquisition and Share Repurchases

Guavy AI Editorial Team
Instruments
BTC ETH
Share

Bitmine's (BMNR) stock surged more than 5% to approximately $16 per share following its strategic acquisition of 9,946 Ethereum (ETH) and accelerated share repurchases.

The company has expanded its ETH holdings to 5,787,414 units valued at $11.2 billion, accounting for around 4.8% of the asset's circulating supply.

Executive Chairman Tom Lee highlighted the strengthening ETH/BTC ratio as a positive market indicator, with the trading pair reaching a 3-month peak of 0.3000.

More on Crypto

Crypto just now

Coinbase Unveils 'Launches' Tab for Instant Trading of Base and Solana Tokens

Crypto just now

Dogecoin Faces Critical Support Test as ETF Inflows Hit $12M

Crypto just now

Brazilian Police Crack Down on $180M Crypto-Linked Cocaine Trafficking Ring

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy