Bitmine’s ETH buying slows as Tom Lee’s firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.
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Summary
- Ethereum treasury firm Bitmine (BMNR) bought just 7,391 ether (ETH) last week, its smallest weekly haul in 2026.
- The firm shifted more capital toward its own stock, repurchasing 3 million shares worth an estimated $50 million-$58 million.
- Tom Lee pointed to softer inflation and jobs data as a potential tailwind for crypto, despite the latest delay to the CLARITY Act.
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Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
