Tom Lee says Bitmine is about 100,000 ETH from its 5 percent hard cap and will quit buying then, ending a buying run that kept a steady bid under ether for over a year.

BitMine Sets an End Point for ETH Buying as Tom Lee Calls 5% a Hard Cap
Tom Lee described 5% of Ether’s supply as a hard ceiling for BitMine’s accumulation
https://bitnxt.io/crypto-news/bitmine-ethereum-purchases-stop-5-percent-supply
Bitmine's ether treasury hit 6.02 million coins, about 4.9% of total supply, with 5.07 million ETH staked. The company remains one weekly buy away from its stated 5% target.
🚨 BitMine sets a 5% cap on ETH holdings!
• Holds 6.02M ETH (~4.9% supply)
• Needs 88,586 ETH to hit the cap
• ETH drops 5% to ~$2,586
• $216.56M in ETH liquidations
Will BitMine’s buying pause impact ETH? 👀
Bitmine se detendrá en su compra de ETH al alcanzar el 5% del suministro. ¿Cómo afectará esto al mercado de Ethereum?
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BitMine Sets Hard Cap at 5% of Total Ether Supply
https://marthio.com/a/bitmine-sets-hard-cap-at-5-of-total-ether-supply
Bitmine Immersion Technologies Achieves Major Milestones in ETH Holdings and Asset Growth #Cryptocurrency #None #ETH #BitMine
Bitmine Immersion Technologies Hits Major Milestone with 6.02 Million ETH Holdings Valued at $17.4 Billion #USA #Ethereum #Connecticut #Tom_Lee #BitMine
Bitmine Immersion Technologies Expands ETH Holdings to 6 Million Tokens Amid Surging Cryptocurrency Portfolio #Cryptocurrency #USA #Ethereum #Norwalk #BitMine
🪙 Bitmine Adds 15,112 ETH, Nears 5% of Supply With $16.2B Treasury
Bitmine Immersion Technologies bought 15,112 ETH last week, pushing holdings past 6.016 million tokens — over 4.9% of circulating supply and near its 5% target.
Bitmine adquiere 15,112 ETH, alcanzando 6 millones en total, lo que representa el 4.9% de la oferta total de Ethereum.
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🛢 Bitmine Adds 15,112 ETH, Hits 99% of 5% Supply Goal
Bitmine Immersion Technologies bought 15,112 ETH for about $41 million, lifting its treasury to 6,016,414 ETH — 4.9% of supply and 99% of its "Alchemy of 5%" target.
🚨 #Ethereum Eyes $3K
$ETH holds above $2,700 as #Bitmine adds 15,112 ETH, taking its holdings above 6 million. A sustained break above $2,800 could put $3,000 in focus.
🔗 Know more: coingape.com/markets/why-...
🪙 Bitmine Tops 6M ETH Treasury, Stakes $13.8B as 5% Supply Goal Nears
Bitmine Immersion Technologies raised its Ethereum treasury to 6,016,414 ETH after buying 15,112 tokens in the past week, per its Oct. 5 holdings update.
$BMNR #Bitmine #DigitalAssets #Bmnr
🚨 JUST IN: #BitMine’s Ethereum holdings have reached 6.02 million $ETH after acquiring 15,112 ETH over the past week, further expanding its ETH #treasury.
Bitmine's Remarkable Achievement: 6.02 Million ETH Tokens and $17.4 Billion Holdings #USA #Blockchain #Norwalk #ETH #BitMine
BitMine Could Reach 5% of Ether Supply by Early November
#ethereum #bitmine #ether