[2026-10-26] The latest IT, economic, blockchain and coin news
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2026-10-26 | Curator: CryptoTerminal
Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
Bitmine Immersion Technologies kept its weekly Ethereum buying streak intact, adding 10,452 ETH worth roughly $24 million, but the bigger move this week was a turn toward buying back its own stock, which the company says is now the largest equity repurchase program any crypto treasury firm has run. The NYSE-listed firm said Monday it repurchased 2.04 million of its own shares over the past week at an average price of $22.48, bringing its 2026 total to 22.9 million shares bought back for about $3...
Bitmine comprando 10.452 ETH mientras gira a buybacks de acciones propias dice bastante del mercado: el treasury crypto prefiere recomprar su equity antes que seguir acumulando. Y con BTC perdiendo los 80k antes de la Fed, el volumen va a marcar si ese soporte aguanta o se convierte en resistencia.