Bitmine Repurchased 2.04 Million Shares Last Week and 22.9 Million So Far in 2026

“When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization. Optimizing shareholder value remains our top objective,” stated Thomas “Tom” Lee, Chairman of Bitmine. “This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders,” stated Lee. “Crypto got pulled down by the same ‘risk off’ forces behind the AI sell-off. In contrast to late-2025 and early 2026, crypto pullbacks have been comparatively shallow.