Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback.
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Published in the last two hours. The story has cross-source confirmation.
Why this matters
Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 m...
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