đš Ethereum Supply Watch: Bitmineâs $ETH Strategy Gets Bigger.
What happens when one company keeps accumulating a huge share of $ETH ? đ
Bitmine Chairman Tom Lee reportedly said the companyâs Ethereum treasury currently represents 7% of ETH supply â and could potentially reach 15% during this cycle.
That would make Bitmineâs Ethereum strategy something the crypto market canât easily ignore.
đč Current: 7% of ETH supply
đč Potential target: 15%
đč Focus: Long-term Ethereum accumulation
đč Market: $ETH
The big question is:
If Bitmine keeps increasing its ETH holdings, how could this affect Ethereumâs supply dynamics and institutional demand?
#Binance #Ethereum #CryptoPatience
What happens when one company keeps accumulating a huge share of $ETH ? đ
Bitmine Chairman Tom Lee reportedly said the companyâs Ethereum treasury currently represents 7% of ETH supply â and could potentially reach 15% during this cycle.
That would make Bitmineâs Ethereum strategy something the crypto market canât easily ignore.
đč Current: 7% of ETH supply
đč Potential target: 15%
đč Focus: Long-term Ethereum accumulation
đč Market: $ETH
The big question is:
If Bitmine keeps increasing its ETH holdings, how could this affect Ethereumâs supply dynamics and institutional demand?
#Binance #Ethereum #CryptoPatience