Investment
Features
FeesSafety
Academy
More
Pluang+

Bitmine slows ETH buying, shifts $50M to share buybacks amid softer inflation and delayed crypto legislation.

Market News
10 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

Ethereum treasury firm Bitmine bought only 7,391 ETH last week, its smallest weekly purchase in 2026, as it nears its goal of owning 5% of Ethereum's supply. Instead, Bitmine repurchased about 3 million of its own shares, spending an estimated $50-$58 million. Chairman Tom Lee highlighted that easing financial conditions, including softer inflation and jobs data, could support crypto despite the CLARITY Act failing to reach a Senate vote before the August recess. The firm also holds BTC, cash, and stakes in other companies, positioning itself strategically amid regulatory delays and market shifts.

More News

GCL's subsidiary 4Divinity secures $9M more from ADATA to boost global game publishing.

GCL's subsidiary 4Divinity secures $9M more from ADATA to boost global game publishing.

GCL Global Holdings' subsidiary 4Divinity has received an additional $9 million investment from ADATA Technology, following previous investments totaling $23 million earlier this year. This latest funding values 4Divinity at $350 million and will be ...

Company Fundamentals
Bullish
1 hour ago
Beazer Homes to be acquired by Dream Finders Homes at $33.50/share, a 78% premium for shareholders.

Beazer Homes to be acquired by Dream Finders Homes at $33.50/share, a 78% premium for shareholders.

Beazer Homes' Board has agreed to be acquired by Dream Finders Homes in an all-cash deal valued at $33.50 per share, representing a 78% premium over the stock price before the offer. The Donerail Group, a major Beazer shareholder, praised the Board f...

Company Fundamentals
Bullish
2 hours ago
Initta Technology unveils AI-powered retail solutions with Intel at global partner conference

Initta Technology unveils AI-powered retail solutions with Intel at global partner conference

Initta Technology showcased its new AI-driven retail solutions at its annual partner conference in Nanchang, emphasizing its shift from hardware supplier to AI-enabled service provider. The company highlighted its partnership with Intel, using Intel'...

Market News
Bullish
3 hours ago
Barclays raises Solaris Energy Infrastructure price target to $90 after strong Q2 results.

Barclays raises Solaris Energy Infrastructure price target to $90 after strong Q2 results.

Barclays increased its price target for Solaris Energy Infrastructure to $90, suggesting a 55.28% upside from its current price of $57.96. The company reported record Q2 results driven by growth in its Power Solutions business, new customer contracts...

Analyst Insights
Bullish
3 hours ago
ACADIA Pharmaceuticals beats Q2 earnings and revenue estimates, raising 2026 revenue forecast and price target.

ACADIA Pharmaceuticals beats Q2 earnings and revenue estimates, raising 2026 revenue forecast and price target.

ACADIA Pharmaceuticals reported strong Q2 2026 results, with earnings of $0.18 per share beating estimates by 200% and revenues of $307.96 million surpassing forecasts by nearly 5%. Driven by increased sales of key drugs Daybue and Nuplazid, the comp...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App