EconomyBitMine’s Ethereum buying spree could end in six weeks
BitMine chairman Tom Lee said the company will stop accumulating Ethereum once its holdings reach 5% of supply. Its latest reported position was about 4.9%, and its recent purchase pace could put the ceiling within reach in roughly six weeks. Staking rewards may then become a bigger source of growth, though they could also push holdings above the cap.
BitMine’s Ethereum buying spree could end in six weeks
Economy