Bitmine Slows ETH Buying as Tom Lee Firm Prioritizes Buybacks

NewsMon, 10 Aug 2026 14:42:14 UTC2 hours ago
Bitmine, the crypto treasury firm chaired by Fundstrat's Tom Lee, slowed its pace of Ether purchases while directing $86 million toward buying back its own stock, a shift that reframes the company's capital-allocation strategy around shareholder value rather than pure Ethereum accumulation.

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