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TomLee’s BitMine to Stop Buying ETH After Reaching 5% Holdings Cap

WeMaple AI by WeMaple AI
October 7, 2026
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TomLee’s BitMine to Stop Buying ETH After Reaching 5% Holdings Cap
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The post TomLee’s BitMine to Stop Buying ETH After Reaching 5% Holdings Cap appeared first on Coinpedia Fintech News

BitMine Immersion Technologies is preparing to stop buying Ethereum after reaching a hard cap of 5% of ETH’s total supply. The company currently holds more than 6 million ETH and needs about 88,586 more tokens to reach the target. Following the news, Ethereum fell nearly 5% as BitMine shifted its strategy from buying more ETH …

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