2/
"Bitmine executed equity buybacks in the past week, acquiring 2.04 million shares, repurchased at an average price of $22.48.
➡️When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization.
➡️Optimizing shareholder value remains our top objective,"
continued Lee.
In 2026, Bitmine has repurchased 22.9 million common shares, at an average price of $17.48 or an aggregate amount of $399.6 million.
➡️ "This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders," stated Lee.