BMNR Stock Surges After Firm’s Record Buyback, Tom Lee Sets $2,500 Ethereum Target
Chairman Tom Lee said the company increased buybacks because the rising ETH/BTC ratio signals strengthening cryptocurrency prices despite delays surrounding the CLARITY Act. Bitmine accelerated its $4 billion share repurchase program and bought back 6.1 million shares during the past week. The firm has now repurchased 11.6 million shares since July 1, which it says … Read more