Ether Giant Bitmine Bets on $400M Buybacks
@Bitmine bought 10,452 $ETH and repurchased 2.04 million shares last week. Its 6.05 million $ETH holdings now equal 4.95% of circulating supply. #Update #Crypto $ETH (+3) ↗
@Bitmine bought 10,452 $ETH and repurchased 2.04 million shares last week. Its 6.05 million $ETH holdings now equal 4.95% of circulating supply. #Update #Crypto $ETH (+3) ↗
@Evernorth (Evernorth Holdings Inc.) filed to register the resale of up to 5.2 million shares. Proceeds from share sales could fund more $XRP purchases; funding is not guaranteed. #Update #Crypto $XRP
@Evernorth plans co-branded Fuzzies merchandise for Fuzzycon on Oct. 26, spotlighting a historic $XRP wallet. The company says the collaboration does not endorse $FUZZY. #Update #Crypto $XRP
@Bitmine says it will stop buying $ETH at 5% of supply, roughly 100,000 $ETH from its goal. It has staked 86.5% of its holdings. #Update #Crypto $ETH
@UpholdInc now lets eligible U.S. users buy Evernorth’s XRPN stock, offering exposure to a company that holds $XRP rather than direct token ownership. #Update #Crypto $XRP
@Evernorth plans to buy more $XRP using capital it raises. Cash exercises of its public warrants could bring in $132.2 million, but holders may not exercise them. #Update #Crypto $XRP
@SkyAI sold its entire $SOL treasury and now holds $223.8 million in cash. It also launched a $201.3 million buyback offer at $3 per security. #Update #Crypto $SOL
@Bitmine bought 12,535 $ETH worth about $29.6M, lifting its holdings to 6.04M $ETH—about 4.9% of circulating supply and close to its 5% target. #Breaking #Crypto $ETH (+8) ↗
SkyAI faces opposition from Bastion Trading over its $201M tender, questioning 70% SOL sale and seeking board changes. Bastion demands a minimum $3.50/share offer. #Update #Crypto $SOL
Evernorth will deploy its 473M XRP treasury with Ripple, Coinbase, Kraken, and Bitgo starting Q4 2026 to enhance yield and onchain credit. #Update #Crypto $XRP
SkyAI plans a $3 tender offer for 95% of shares, funded by SOL sales, contingent on SOL staying above $100. #Update #Crypto $SOL
Evernorth Holdings Inc. (Nasdaq: XRPN) began trading on Oct. 12, holding 473M XRP; shares rose to $17.37 after hours, up 2.72%. #Update #Crypto $XRP
Bitmine now holds 6.03M $ETH, nearing its 5% supply target, with $12.9B staked and annual rewards projected at $336M. #Update #Crypto $ETH
Evernorth’s merger now set to close Oct. 9, with Nasdaq trading of $XRP treasury expected Oct. 12 after administrative delay. #Update #Crypto $XRP