The company holds nearly 4% of ether's (ETH) total supply, but shares have struggled alongside that crypto. Bitmine Immersion Technologies (BMNR) began trading on the New York Stock Exchange after moving from the NYSE American. The company lifted its share repurchase authorization to $4 billion from $1 billion. Bitmine now holds about 4.8 million ether, or nearly 4 percent of total supply, making its balance sheet highly sensitive to crypto prices and broader risk sentiment amid uncertain…
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