BitMine Resumes Massive Stock Buybacks While Staking 5.23 Million ETH
BitMine has resumed large-scale stock buybacks while its staked ether position rose to 5,227,037 tokens, up from 5,067,309 that had been unchanged in every weekly filing since August 9. The increase of roughly 160,000 ETH signals fresh staking activity from a major corporate holder. Traders will watch whether continued buybacks and staking tighten ETH supply and support the stock's valuation.