cryptocurrency

Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

Ether Set to Lose a Consistent Corporate Buyer as Bitmine Nears 5% Cap

Bitmine chairman Tom Lee announced at Token2049 that the firm will halt Ethereum purchases once it reaches 5% of the token's circulating supply, ending a weekly buying streak that began in mid-2025 and establishing the company as the largest corporate ETH holder.

Admin · Oct 7, 2026 · 4 min read

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