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BitMine Completes $350M Stock Buyback, Which Tom Lee Calls the Largest in Crypto
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BitMine spent nearly $350 million to repurchase 21 million shares and Tom Lee presented the transaction as the largest of a crypto company. The company claims that its securities are undervalued, while retaining its accumulation and staging strategy for ETH.
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitMine completes $350M stock buyback, which Tom Lee calls the largest in crypto
BitMine repurchased 21 million shares for about $350 million, which Tom Lee calls the largest crypto stock buyback, while holding ~6 million ETH.
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