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$19.6M in fresh Ether is what Bitmine added to its treasury, bringing the company's reported holding to approximately 4.8% of ETH's circulating supply.
The 5% acquisition target the company is pursuing sits 0.2 percentage points away on that metric.
Alongside the ETH purchase, Bitmine executed a 4.5M-share repurchase, running both sides of its capital allocation in the same window.
Two uses of capital Running share buybacks alongside digital asset accumulation is a dual-track commitment. The repurchase compresses the public float. The ETH purchase enlarges the treasury.
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