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Tom Lee Says Bitmine Will Stop Buying Ether Once It Holds 5% of ETH Supply

Nova Global News

Here is what the page “Tom Lee Says Bitmine Will Stop Buying Ether Once It Holds 5% of ETH Supply” contains. Bitmine, the company that has been steadily accumulating Ether since mid-2025, will soon halt its purchases, according to Tom Lee. In a recent statement, Lee said Bitmine will be “done stacking” once it owns 5% of the total ETH supply, marking an end date to the buying spree that has made it the world's largest Ethereum treasury. The move signals a significant shift for the cryptocurrency market, as Bitmine has been a major source of consistent demand for Ether.

Its accumulation streak has helped support ETH prices over the past year, and the impending stop could remove a key buyer from the market. The exact current holdings of Bitmine were not disclosed, but Lee's comments suggest the company is approaching its target. For the complete material, the listing points back to the source inside the network.

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