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Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines

Published Source: CoinDeskRead original

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Share buybacks by a single firm have minimal market-wide impact.

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