The Defiant·ETH
BitMine Will Stop Buying ETH at 5% of Supply, Tom Lee Says
The company reported 6,016,414 ETH as of Oct. 4, while Lee estimates roughly 100,000 tokens remain before it reaches the ceiling.
Also covered by 5 outlets
- Cointelegraph ↗BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears
- CoinDesk ↗Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases
- BeInCrypto ↗BitMine Is About to Stop Buying Ethereum: What Happens to ETH Price Then?
- Decrypt ↗Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
- Crypto Briefing ↗Tom Lee says Bitmine is 100,000 ETH away from ending its buying spree
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