Highlight Clip: Tom Lee: BitMine Completes the Largest Share Buyback in Crypto Industry History

Tom Lee: BitMine Completes the Largest Share Buyback in Crypto Industry History

On October 7, 2026, BitMine Chairman Tom Lee stated that the company repurchased a total of 21 million shares worth $350 million between July 14 and August 17. He described it as the largest share buyback in crypto industry history, noting that the program helped establish a floor for the stock price. In addition, BitMine accumulated nearly 6 million ETH during the bear market, bringing it close to its goal of holding 5% of Ethereum's total supply. Year-to-date in 2026, ETH has declined 9%, while BitMine shares have gained 3%, outperforming ETH. — link