Ethereum
BitMine Will Stop Buying ETH at 5% of Supply, Tom Lee Says
The Defiant·October 7, 2026·1 min read
BitMine will stop buying ETH once it reaches 5% of supply, according to Tom Lee. The company reported holding 6,016,414 ETH as of Oct. 4, with Lee estimating roughly 100,000 tokens remain before hitting the ceiling. This cap could impact market dynamics as BitMine approaches its limit.
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