🧵
1/
Bitmine is today announcing a $1 billion stock repurchase program.
Per Tom Lee @fundstrat, Chairman of Bitmine:
“In our road to achieving ‘the alchemy of 5%’ of ETH, there may be times when the best expected return of our capital is to acquire our own shares”
ticker: $BMNR
link 🔗
prnewswire.com/news-releases/…
1/
Bitmine is today announcing a $1 billion stock repurchase program.
Per Tom Lee @fundstrat, Chairman of Bitmine:
“In our road to achieving ‘the alchemy of 5%’ of ETH, there may be times when the best expected return of our capital is to acquire our own shares”
ticker: $BMNR
link 🔗
prnewswire.com/news-releases/…
2/
As of July 28th, Bitmine disclosed:
- ETH tokens 625,000
- BTC coins 192
- unencumbered cash $401.4 million
= Total assets $2.77 billion
Fully diluted common shares outstanding: 121.7 million
BMNR NAV per share: $22.77
ticker: $BMNR
link 🔗
prnewswire.com/news-releases/…
As of July 28th, Bitmine disclosed:
- ETH tokens 625,000
- BTC coins 192
- unencumbered cash $401.4 million
= Total assets $2.77 billion
Fully diluted common shares outstanding: 121.7 million
BMNR NAV per share: $22.77
ticker: $BMNR
link 🔗
prnewswire.com/news-releases/…
3/
Bitmine release a corporate presentation on July 28th.
"The Alchemy of 5%"
ticker: $BMNR
link 🔗
bitminetech.io/wp-content/upl…
Bitmine release a corporate presentation on July 28th.
"The Alchemy of 5%"
ticker: $BMNR
link 🔗
bitminetech.io/wp-content/upl…
4/
Tom Lee, Chairman of Bitmine, launched a video called:
The Chairman's Message
ticker: $BMNR
link 🔗
Tom Lee, Chairman of Bitmine, launched a video called:
The Chairman's Message
ticker: $BMNR
link 🔗
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