Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks

Crypto Insight Summary: The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of what it calls the largest equity buyback any crypto treasury company has run. Crypto Insight Analysis: Direction: Bullish ETH / Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Continued ETH accumulation by Bitmine supports price, but share buybacks have limited market impact.