BitMine needs about 88,600 more ETH to hold 5% of Ethereum’s supply, based on its Oct. 4 holdings and the supply figure in its disclosure. Chairman Tom Lee says buying will stop at that threshold.
At the latest disclosed pace of 15,112 ETH a week, the gap would take roughly six weeks to close. This is a projection, not company guidance; changes in Ethereum’s supply or buying pace would alter it.
#ETH $ETH
At the latest disclosed pace of 15,112 ETH a week, the gap would take roughly six weeks to close. This is a projection, not company guidance; changes in Ethereum’s supply or buying pace would alter it.
#ETH $ETH