Tom Lee says Bitmine will stop buying ETH once holdings reach 5% of supply

Tom Lee said Bitmine will stop additional ETH purchases once its holdings reach 5% of total supply. BitMine says it is 99% toward that target, with holdings at 6.03M ETH (4.9% of supply) after adding 12,532 ETH over the past week, and 5.07M ETH currently staked; it says future purchases may slow.

Detected & updated continuously · Source: Nebula