{"id":468899,"date":"2025-07-29T13:50:07","date_gmt":"2025-07-29T13:50:07","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=744275"},"modified":"2025-07-29T13:50:07","modified_gmt":"2025-07-29T13:50:07","slug":"the-alchemy-of-5-ethereum-bitmine-launches-1-billion-share-buyback","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/07\/29\/the-alchemy-of-5-ethereum-bitmine-launches-1-billion-share-buyback\/","title":{"rendered":"The \u2018Alchemy of 5%\u2019 Ethereum\u2014Bitmine Launches $1 Billion Share Buyback"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2025\/07\/leeeeesd333322ddeees-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"The \u2018Alchemy of 5%\u2019 Ethereum\u2014Bitmine Launches $1 Billion Share Buyback\" style=\"float:left;margin:0 15px 15px 0\" \/>On Tuesday morning, Bitmine Immersion Technologies announced a $1 billion program to repurchase its outstanding common stock. The open-ended program, approved by the board, allows Bitmine to buy shares on the open market or through negotiated transactions. Chairman Tom Lee stated the move aligns with achieving \u201cthe alchemy of 5%\u201d of ETH, suggesting repurchases could [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday morning, Bitmine Immersion Technologies announced a $1 billion program to repurchase its outstanding common stock. The open-ended program, approved by the board, allows Bitmine to buy shares on the open market or through negotiated transactions. Chairman Tom Lee stated the move aligns with achieving \u201cthe alchemy of 5%\u201d of ETH, suggesting repurchases could [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":468900,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-468899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/468899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=468899"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/468899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/468900"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=468899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=468899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=468899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}