Back to all news
Ethereum

Ethereum News: BitMine To Halt Buying at 5% ETH Supply Cap

CoinSpeaker·October 8, 2026·1 min read
Ethereum News: BitMine To Halt Buying at 5% ETH Supply Cap

BitMine held 6.02 million ETH, about 4.9% of supply, on October 4. Tom Lee said accumulation will stop at the company's 5% ceiling, meaning BitMine will halt buying once it reaches that threshold. This cap aims to avoid excessive concentration and market impact.

Read at CoinSpeaker
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