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Bitmine Nears Its Goal Of Holding 5% Of Ethereum

Cointribune·October 20, 2026·1 min read
Bitmine Nears Its Goal Of Holding 5% Of Ethereum

Bitmine Immersion Technologies has purchased an additional 12,535 ETH, raising its reserves to 6.04 million units. The company is approaching its goal of holding 5% of the Ether supply. Chairman Tom Lee attributes the recent market drop to concerns related to artificial intelligence and the macroeconomic context.

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