BREAKING: Tom Lee’s Bitmine is nearing its final 100,000 ETH purchase before hitting its 5% Ethereum supply cap.
Bitmine currently holds more than 6 million ETH, worth over $16 billion, representing roughly 4.9% of Ethereum’s circulating supply.
The company has also reported about $643 million in cash and marketable securities.
Tom Lee says 5% is now a hard cap, meaning Bitmine does not plan to keep accumulating ETH beyond that level.
One of the largest corporate Ethereum accumulation strategies is approaching its limit.
$SOXSB
$RAY
$LAZIO
Bitmine currently holds more than 6 million ETH, worth over $16 billion, representing roughly 4.9% of Ethereum’s circulating supply.
The company has also reported about $643 million in cash and marketable securities.
Tom Lee says 5% is now a hard cap, meaning Bitmine does not plan to keep accumulating ETH beyond that level.
One of the largest corporate Ethereum accumulation strategies is approaching its limit.
$SOXSB
$RAY
$LAZIO
