Back to all news
Web3

BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears

Cointelegraph·October 7, 2026·1 min read
BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears

BitMine will not accumulate Ether past 5% of the total supply, turning its accumulation target into a hard cap, according to Tom Lee. The company's decision sets a ceiling on its Ether holdings as it approaches the target, potentially limiting future purchases and signaling a strategic shift in its crypto treasury management.

Read at Cointelegraph
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store