Recently, the hot cryptocurrency market has driven a wave of expansion among related listed companies. Numerous enterprises have adopted PIPE (private sale of public market stocks) and ATM (at-the-market offering mechanism) as financing methods, which not only affect the circulating stock capital but also have a significant impact on shareholder value. However, traditional stock market data platforms are slow to update, making it difficult to reflect these changes in a timely manner.

To help investors better grasp market dynamics, we will continue to monitor the financing activities of popular Crypto Assets concept stocks, update equity information in real-time, and calculate the market capitalization and Crypto Assets holdings of each company, providing readers with a more accurate mNAV reference value.

In today's important developments, the actions of BitMine have drawn widespread attention. The company announced a stock buyback plan worth up to $1 billion. BitMine Chairman Tom Lee stated: 'In our commitment to achieving ETH's '5% alchemy', repurchasing our own shares may be the best expected return on our capital.'

However, this ambitious plan seems to be somewhat at odds with the company's financial situation. According to the latest financial report, BitMine has only $401.4 million in disposable cash left. This significant gap has sparked questions and discussions in the market regarding the company's financial strategy.

As the Crypto Assets market continues to heat up, every move of companies like BitMine will be closely watched by investors. Their financing decisions and capital operations not only affect their own development but may also have a profound impact on the entire Crypto Assets ecosystem. In this rapidly changing market, timely and accurate information will become a key factor for investors in making decisions.