BitMine has sharply reduced its weekly Ethereum purchases by about 74%, buying 26,659 ETH worth around $62-$63 million, down from over 100,000 ETH weekly. This slowdown comes as the firm approaches its goal of holding 5% of Ethereum's circulating supply, currently owning over 5.2 million ETH valued at $12.1 billion. The move reflects a strategic shift to manage concentration risk and balance other priorities, not a loss of confidence in Ethereum. BitMine continues to stake over 90% of its holdings, generating yield and reinforcing its long-term commitment to Ethereum's ecosystem while transitioning from rapid accumulation to a measured treasury strategy.
During week 21 of 2026 (May 18-22), Sampo Oyj bought back a total of 1,911,568 of its own A-shares across multiple exchanges at a weighted average price of €9.21 per share. This buyback is part of a program authorized by the company's annual general ...
Crude oil futures dropped sharply as traders removed the geopolitical risk premium that had been supporting prices due to tensions around Iran and the Strait of Hormuz. Optimism about progress in US-Iran negotiations shifted focus from supply disrupt...
Celestia specializes in data availability for modular blockchains, with its TIA token fueling economic activity. The token's sustainable demand hinges on rollups consistently paying fees to publish data blobs on Celestia, distinguishing real usage fr...
Pendle, a DeFi protocol, enables investors to lock in fixed rates on-chain by splitting yield-bearing assets into tradable Principal Tokens (PT) and Yield Tokens (YT). This approach turns volatile future yields into predictable cash flows, appealing ...
Saba Capital Income & Opportunities Fund II (SABA) and BRW continue to operate as separate closed-end funds after a planned merger was canceled. SABA charges fees based on net assets, protecting shareholders from fee increases when leverage is used, ...
