Cryptocurrency27 Jul 2026SEO 801 min read

Analysis: Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger…

The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal. Bitmin…

The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal. Bitmine bought 9,946 ether last week, lifting its holdings to 5.79 million ETH ($11.2 billion), or about 4.8% of ether’s circulating supply, as it pursues a long-term goal of owning 5%. The company also stepped up share repurchases, buying back 6.1 million shares under its $4 billion buyback authorization, up from 5.5 million the previous week.…

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