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Verilumia

The Daily Verified Briefing

Markets

Bitmine slows ETH buys, allocates $86 M to stock buyback

Published 21 July 2026

Bitmine, a major corporate holder of Ethereum, significantly slowed its accumulation of the cryptocurrency last week, adding just 7,430 tokens worth approximately $14 million. The deceleration coincided with the company directing capital toward a share repurchase program, buying back 5.

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